FSLY Fastly Inc Stock in Play 6-23-20 NKLA Stock

Trading Game Plan: 6-23-20

FSLY stock (Fastly Inc) exploded to new highs and remains a stock in play.

We're creating a trading game plan for another $4 move today with expectations for a pause before a new swing trade.

The SPY ETF showed signs of life yesterday and today we're looking for the order flow to prove it was more than a one day wonder.

DKNG traded into the distribution we mentioned yesterday as the selling took the stock down on a positive day in the market. If you bought the stock at lower prices, hopefully you took action and protected those profits.

Rounding out the list of stocks to buy today we have SPOT pausing for a couple of days and resuming the bullish momentum.

NFLX stock had a $455 buy alert trigger so we are looking for fresh buying above the breakout level.

NKLA stock is one that I have stayed away from but the price action sets up as a solid breakout scenario. It's in today's game plan as well.

In total we review 13 stocks to buy today.

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Pete

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Pete Renzulli
 

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