Week of 03/15/2021

By iamtez -
 Welcome back everyone. Hope you had a great weekend.

 

With stimulus checks hitting bank accounts this week, there is a very high likelihood it will boost the markets at least in short term. I still think we have some correction left as inflation fears are not going away any time soon. However, there are quite a few stocks which are in oversold territory and look ready for a decent bounce.

 

Below are stocks that look good to me for UP move.

 

DDD Apr 16, 2021 35c

Chart setting up nicely and I think a run to 40+ should happen very soon on this.

FSLR Mar 19, 2021 85c

Chart getting strong and a move to 85+ seems very likely this week.

FSLY Mar 19, 2021 80c

Oversold and a nice bounce from 65. Move to 84 seems likely this week.

JMIA Mar 19, 2021 50c

Nice chart setup. A move to 55 should happen soon.

NET Mar 26, 2021 80c

Strong looking chart and a move to 85 in near term looks very likely.

PD Mar 19, 2021 45c

This one has earnings so little risky but chart looks good and a move to 50 seems likely.

QS Mar 26, 2021 65c

This closed above 50dma and chart looks strong. A move to 70 in the near term seems likely.

SQ Mar 19, 2021 250c

Chart turning up nicely and 248 seems likely early this week. There is a good chance it goes to 258 as well.

YETI Mar 26, 2021 75c

Chart looks strong and a move to 75 seems likely this week.

Z Mar 19, 2021 160c

Chart setting up nicely and a move to 170 seems very likely in the near future.

 

ALWAYS REMEMBER TO USE STOPS AS PER YOUR APPETITE TO HANDLE LOSES.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

 

 

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