FDA Approval Puts LLY Stock in Our Game Plan Today 6-17-20
Trading Game Plan 6-17-20
Day trading mode. Which means I'm booking quicker profits.
The short-term (daily) order flow is a mess, and needs to get back to clean well-bid candlesticks on the weekly charts to have conviction to hold trades longer.
Despite the indecision we have a few stocks to buy today that have traded into obvious breakout levels.
As of yesterday ROKU stock was stuck and looking for a reason to get involved. Well we got it. A nice "fuel" candlestick with room to go for profit potential.
LLY stock (Eli Lilly) received FDA approval on an insulin product so the stock saw fresh buying near all-time highs.
In total we have a trading game plan for a dozen stocks to buy today.
Have a great day.
Pete