Growth-stocks
Betting on Draftkings : Oversold+signs of recovery $DKNGFA,
- Market cap : 16BN. Global TAM : 70BN
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- Habits picked up from Covid lockdown
TA,
- RSI oversold. 36. Rising up
- Closed above downtrend on 4H
- Short interest 23%
Entry: 43
PT1:50.5
SL: 40.2 (6.5% max loss)
Short term Swing
Risks,
- High volume during pullback
- Hasn't closed above downtrend on daily
Tesla Down Whats Your Next Play?Tesla's taken a great hit today, as shares were sold off at wicked speeds. Time can only tell for the best possible entry, but I have my eye on $360-$375 based on the previous resistance from July. Any entry at this point is a little premature and I'd rather jump on the train when it slows down rather than get hit.
STOCK-PICKING-BY-SECTOR-PERFORMANCEContinuing the series of stock selection:
Last time i shared the idea to select stocks by indices :
Now, this time i am attaching the screenshot of sectorial performance on different time frames.
It gives us clear idea , where momentum is bullish right now.
If we combine these 2 results , it further narrow down the search for quality shares.
LOOK..ANALYSE..PICK..ENJOY :)
PLEASE LET ME KNOW YOUR THOUGHTS IN COMMENT SECTION.
MSFT in bullish mode: pandemic winnerMSFT has consolidated with a bullish bias
Now is around a perfect buy zone consolidation before the next impulse move
Long term this a growth stock pandemic winner (for example: Johns Hopkins University students to return to campus – via Minecraft)
Short term you can get 7.5% gain in the next move
Good luck and happy trading