Stock Market Bottom is Here!
5 Stocks with incredible buying opportunities.
1. SPY 0.00%↑
SPY 0.00%↑ has bottomed out at $510 hitting a crucial support. RSI a indicator that tells us if a stock is overbought or oversold is screaming bullish as it hits oversold levels. The previous times we have hit oversold on the RSI that is when the stock market bottomed.
2. QQQ 0.00%↑
QQQ 0.00%↑ looks even better as it hits a crucial level of support. The RSI is also oversold giving us double confirmation. The blue chip tech stocks have also bottomed out giving us multiple confirmations that we have bottomed out for the market.
3. MSFT 0.00%↑
This setup on MSFT 0.00%↑ looks amazing. This support was a previous resistance and this is our 3rd time testing this level of support. The RSI is way oversold giving us the confirmation. We also closed above the support $395. As long as if we hold this level of support we are good.
4. PZZA 0.00%↑
PZZA 0.00%↑ sitting at a 10 year support. This is a great play for long-term shares with an amazing risk to reward.
5. Bitcoin
Bitcoin is my biggest long term position. My price target for Bitcoin is $100k end of the year. Especially with elections and the Santa Claus rally we can easily hit $100k end of the year. Currently there are amazing buying opportunities for Bitcoin, this might be the last buying opportunity under $60k before we go for $100k.