Today! Trade AAPL Like a Champ 4.7.20
Tuesday, April 7, 2020.
Today we discuss trading strategies using AAPL, TSLA and WMT as examples.
Watch today's episode of Stocks for Breakfast
Each stock has a unique setup today and trading opportunity, but requires different game plans for entry and profit taking.
WMT, Walmart enters today with price action that calls for booking profits. I show you exactly what to look for and when I plan to exit the winning trade.
The AAPL Apple Inc chart shows the beginning of a new momentum move. I discuss why you should be looking for breakouts.
Finally in TSLA Tesla, the charts are showing a trading setup that has me expecting a large candlestick and a trend day.
Three stocks, all valid plays, three different game plans.
TRADING GAME PLAN 4.7.20
Bullish momentum ruled the day as the bulls steamrolled the bears.
Watch: Today's Best Stock Picks (New Episode)
The game plan for Tuesday April, 7, 2020 is to look for the buying to continue AND the weekly candlesticks to remain "well-bid."
That's my "If-Then" scenario. If the bulls come back with a weak effort I'm planing to trade light.
Quite a few breakouts on the daily charts in the list of today's best stock picks.
Ironically, not many awesome short-sell opportunities because those that haven't rallied, don't have great profit potential.
In addition to the three stocks mentioned above, I'm looking for continued buying in AVGO.
Have a great day!
Pete
PS. Hope you are staying safe.
