ROKU HBO Max Deal – Best Stock Picks Today 12-17-20
BEST STOCK PICKS TODAY
Trading Game Plan: 12-17-20
A good day to be a streaming service.
ROKU traded into a double inside day consolidation and then announced a deal with HBO MAX. The stock is trading $21 higher this morning.
FUBO mentioned earlier in the week gave us a well bid candle and nears a key breakout level. We're planning to begin building a longer term position.
NFLX exploded earlier in the week and pause for two days, we're looking for a new move higher with a price target of 560.
VRM gave us a textbook tape reading lesson recently as the smart money continues to enter the stock. Accumulation type price/volume gave us clues to begin trading the stock.
PENN & DKNG both showed a strong close yesterday through resistance. looking for both stocks to "hold the bid" today before adding to the positions.
PM (Phillip Morris) paused for a few days after a solid momentum move. In today's video we outline a game plan for a run higher.
Electric vehicle stocks NIO and XPEV showed signs of life this week. The bullish gaps in NIO have my attention for a cash flow type trade. In the video I explain how to read the order flow in this stock and why I'm not ready for a swing trade yet.
