Happy Thanksgiving everyone. Thankful for each and every one of you as Rocket Stock Alerts would not be where we are today without your support. Much appreciated on my end.
As a reminder, the market closes 1pm EST tomorrow, so make sure to plan your trades accordingly.
As the holidays come up, I think it’s going to be a good time to start watching some E-Commerce companies and shipping companies.
$AMZN – Interesting to see where it is headed. It recently broke out of a wedge and started a new uptrend, after coiling up for the entire month of November. With holidays coming up, many consumers will utlize Amazon for Christmas/Black Friday shopping so I think AMZN should pop!
$FDX – Sympathy plays with Black Friday and Christmas coming up. Many deliveries = revenue for FedEx. Recently rejected off of resistance around 292, but should test it again soon.
$UPS – Sympathy plays with Black Friday and Christmas coming up. Many deliveries = revenue for UPS. UPS coming to a squeeze and potentially looking to break out.
$NNDM – ARK Investments increased their positions in this stock and I think it is worthwhile for the retail investors to take a look and follow suit. They recently closed a 100 million registered direct offering.