12/16 Watchlist
What a nice recovery today. Red days = buy days to scale in and average down on positions, to swing them into green days like today. Don’t panic sell. Always have a plan.
$BLNK – Blink Charging (BLNK) signed a deal expanding its charging network for electric cars while a top auto trade group urged U.S. policymakers to back a range of EV incentives, including for chargers. Blink Charging stock jumped due to this news. Also lined up perfectly for a break out. Check the charts and look for continuation.
$AMD – putting AMD here again. It’s really ripping. Very strong close today. 100 coming soon IMO. If it reaches 100, don’t tell me I didn’t tell you. Chart still holds true from yesterday.
$TLRY/APHA – Shares surge after hours, due to news of merger. Merger can come as early as this week. Look for continuation, but be weary of buy the hype and sell the news.
$BIGC – pretty beat down since IPO. This is a great example of hype from IPO and then being beat down. DASH and ABNB to follow suit soon. After being beat down, this presents a great entry point. It is coming down to critical support levels around 64-65. I would look to load shares or buy call options from there.
$SQ – Near all time highs at 222.20. Has room to move up if the strength continues for new all time highs. If there isn’t enough strength, watch for rejection and the price to fall.
