Power Stock Setups
December 27, 2021
This weeks video covers mainly pullback plays. The are plays that either have been crushed in recent months and are very oversold or just recent days and are near potential support and short term oversold. The list of names are by no means an exhaustive list, but give plenty to go through this morning for ideas and opportunities.
$LULU has come back down pretty hard the last couple of months, but seeing a lot of buying off yesterday’s gap down. if it leaves a small island (abandoned baby) it would bode well for continuation back near the 380-400 zone to start with. RSI weekly is testing the bull range while the daily diverges..
VEEV, HUBS, APP, REGN, TTM, CRWD, DDOG, IDXX, ZI, ENPH, LSI, MTCH, LAD, PWR, ZBRA, ACN, NVDA, MMP, DHI, INTU, TT, ALGN, AVGO, DMLP, MSFT, ADSK, SHW, NFLX, CPRT, PLD, PANW, KEYS, ETSY, MRVL, DPX, TPX, SBAC, ATKR, MSCI, LULU, DXCM, AWK, NEE, CROX, ARGX
Above are just some names to consider as you plan the rest of this week. Please make sure you do your own due diligence and form a trade and risk management plan before considering any of these names. Otherwise consult a licensed advisor to help with your portfolio construction.
As always, I hope this helps!