Lululemon LULU Buys Mirror 6-30-20 Best Stock Picks Today
Trading Game Plan 6-30-20
Lululemon Athletica LULU buys fitness company Mirror for $500 million.
After poor earnings guidance I was expecting LULU stock price to trade lower and look for a short sale position trade. The stock closed below the low with consistency but would not crack.
And now we know why. I've outlined a new trade to buy the stock and give you my initial profit target.
UBER stock also getting some attention this morning with new takeover talks around the company Postmates.
We have a few strong stocks looking for new spots to buy such as MTCH, NVAX and BJ.
Plus a few bullish stocks that saw profit taking that have moved into one of my favorite trading setups. Which is buying support near yesterday's low,
FDX Fedex has earnings scheduled for after the close today.
In total we review 16 stocks to trade for today.
Have a great day.