Stocks To Buy This Month #37

Blue chip stocks with A+ setups.

Dec 16, 2024

AMD 0.00%↑ stock has been bottoming out on the daily timeframe. On the weekly timeframe we have a double bottom which is a previous level of support. We also have a descending triangle setup which means we need to hold this level for us to be bullish. RSI on the daily and weekly are at oversold levels also. Made a full video on AMD 0.00%↑ Stock.

2. UPS 0.00%↑

$UPS monthly timeframe 123 critical support. Bullish as long as if we hold this support, great longer term play for shares/leaps. Matter of time before it breaks out of this falling wedge.

3. COIN 0.00%↑

COIN 0.00%↑ trading sideways on the daily timeframe between 289 and 341. I want to play weekly calls if it hits support at 289.

4. RIVN 0.00%↑

RIVN 0.00%↑ falling wedge on the monthly timeframe. Stock has been getting hammered for the past couple of months but has finally bottomed out and is starting to breakout.

5. QCOM 0.00%↑

QCOM 0.00%↑ with AMD 0.00%↑ has also hit a critical level of support. This has been a critical level of support for some time. Bullish as long as if we hold this level.

6. NVDA 0.00%↑

By now you might have realized that in this watchlist there have been 3 semiconductor stocks AMD 0.00%↑ QCOM 0.00%↑ and now NVDA 0.00%↑. NVDA 0.00%↑ like our previous setups looks also similar but the key thing here is that we NEED to hold this level of support. Bullish on Semis as we go into 2025.