LULU Stock Nears All-Time Highs 7-10-20 Best Stock Picks Today

Best Stock PIcks Today 7-10-20

Trading Game Plan

LULU stock (Lululemon Athletica) paused for roughly a week after the news broke about the acquisition of Mirror.

We wanted to buy the stock but because of lower profit potential and lack of momentum we decided to wait for a breakout to all-time highs.

Today we have our trading alerts set for $320 and plan to begin building a position above that level.

We're continuing to trade recent fast moving stocks such as NKLA, INO and NIO. For me, I'm only day trading these stocks right now until I see a better place to mange risk.

LVGO, DOCU and FSLY all traded double their normal volume yesterday after multiple well bid days, so something has changed on the tape.

FB stock (Facebook) has traded into one of my favorite setups and will be on my list as well.

In total we review over a dozen stocks.
Pete