Best Stock Picks Today | ROKU Price Target Raised 1-6-21

BEST STOCK PICKS TODAY

Trading Game Plan: 1-6-21

Roku Gains as Wells Fargo Lifts Target to Wall Street High
At Wells Fargo streaming-tech specialist Roku was given a Wall-Street-high $414 price target and an overweight rating. Source:

ROKU moved into one of our favorite trade setups yesterday so I'm game planning a new swing trade. In today's video I outline two scenarios for new entries.

The stock market saw a short covering rally after Monday's massive selling so today will show us if buyers are ready for bargains.

Stock futures are trading lower as the final Georgia election results are tallied. This means we need a focused watch list as many stocks are set to open lower too.

Today's game plan is focused on Stocks showing relative strength. Stocks such as JD, PDD and PXD top the list.

FANG, DD and EXPE show solid breakouts but profit potential diminished after yesterday's rally so that means less share size for smaller rewards. But still a good idea.

Financial stocks remain strong but the daily charts are kind of a mess, so that means I'm watching them on the weekly charts.

Finally TGT kissed our alert price so today we're looking for a new entry.

Have a great day!

Pete