Stocks To Buy This Thanksgiving! (2023)
We got incredible setups for this week. We got multiple option plays for right at market open! We got a exclusive 30% Short Float stock @ $16 for our premium members!
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Economic Calendar
FOMC Meeting Minutes on Tuesday and Wednesday are 2 major catalysts that can cause market volatility. The stock market is closed on Thursday due to Thanksgiving and the market closes early on Friday.
S&P 500 - Ascending Triangle PT 454
The overall trend for the market is bullish after we broke out of the downtrend breakout last week. We have an ascending triangle formation with a resistance as our price target at 454. However, we do have a gap to the downside. My concern is with the FOMC Meeting Minutes that is happening this week, if we get bad news we can get selling pressure to the downside to fill the gap down below.
QQQ - Tech ETF
We are consolidating just like the SPY 0.00%↑. Just like SPY 0.00%↑ we can either break to the downside or the upside. The gap on the daily timeframe is pleasing for the bears.
Rumble Stock 4.5c 12/01 @ .60 x 6
RUM 0.00%↑ is my #1 play for this week. We made a whole video on it and entered in call options as alerted on Discord & X.
Rumble stock closed bullish on the daily timeframe closing above the descending triangle breakout level. The daily psychology of the candlesticks are incredible. Price target $5.50 & $6.
Oil Stocks - XLE, SU, EOG
Oil stocks are going to be the play for this week! Pretty much all Oil stocks are looking bullish this week as well as for the next month. I am looking at 2-3 month calls to play the bigger move as well as 2 weeks out to play the daily breakout.
We have what I call a market rotation for Oil Stocks. The overall market like Tech and Finance stocks have been doing well but not Oil. Oil has been in a downtrend for the past couple weeks and now it may be it’s turn to breakout to the upside.
Going to be taking multiple swings on Oil Stocks. The setup is A+ since the overall Oil market is looking bullish. I go deeper on my channel.
Rivian - Falling Wedge Breakout
RIVN 0.00%↑ falling wedge breakout on the weekly and daily timeframe. I am looking at a 2-3 week out swing play on call options. Or daily breakout for weekly call options.
2 Exclusive plays for the Premium Subscribers! I have a $16 stock with a 30% short float with a incredible A+ setup for a day trade right at open. Start up a free trial and see the play for yourself!
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