Best Stock Picks Today | WKHS Swing Trade Setup 1-5-21

BEST STOCK PICKS TODAY

Trading Game Plan: 1-5-21

Workhorse Group Got an Order For More Electric Vans Than It Planned to Build in All of 2021

Workhorse Group (NASDAQ:WKHS) said that it has received an order for over 6,000 of its electric delivery vans — considerably more than it had expected to make in 2021.

Pride Group Enterprises, a privately held commercial-vehicle wholesaler that operates in the U.S. and Canada, has placed an order for 6,320 of its new C-Series electric package-delivery vans, said Workhorse.

"This large order solidifies our first-mover advantage and indicates the heightened interest in our last mile delivery products," said CEO Duane Hughes Source:

After taking a beating on the first day of the new year, the stock market appears wounded in pre-market trading.

Stock futures are trading flat, a divergence from the typical bull market where a day of selling has been met with furious buying.

Today's trading game plan focuses on stocks showing =relative strength and setting up new swing trades after yesterday's decline.

Apple Inc AAPL traded into a very specific chart pattern that sets up a new trade immediately after the stock market opens.

Gold stocks NEM and WPM bounced, so we reviewed a potential trade setup that includes work this order in stages.

A few retail stocks such as TGT, WMT and COST showed bullish order flow so we've added them to our watch list for new swing trades.

Electric vehicle stocks started to diverge and it looks like a short-term winner has emerged between NIO and XPEV. We discuss a trade scenario on a potential breakout.

In total we discuss ten new stock picks for today.

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