One stock I am watching,
One stock I am buying,
One stock I am shorting
To start it off the stocks I am watching
I am keeping a close on Exxon mobil.
This is a stock that is ready to move with the market, but much more than the market.
I am prepared to short XOM if it drops to 42.00
This stock lost nearly 2x the market during the main loss at 56 percent
So in summary long at 50 dollars short at 42.00
On to the stock I am buying
FSLY or fastly
I showed this in a little bit more depth in another idea, but basically it has broken 52 week high once and is trying to do so again.
I have been impressed with their performance as of March 13th which since then
has been up over 500 percent and the last month has been up 100 percent.
Buy it up anywhere from right now to 90 to 95 dollars
Stop loss anywhere from 82 to 72 dollars
And finally the stock I am shorting
HTZ is a car rental company but has been struggling since 2018, but had an 80 percent decline during the market failure.
It issued more stock on June 8th which some people bought that day and then sold the next 5 days, this stock has gone almost back to where it was before it issued more stock.
Short the stock at 1.40 and take profit at 1 dollar
Good luck MoneyTradingCrew
One stock I am buying,
One stock I am shorting
To start it off the stocks I am watching
This is a stock that is ready to move with the market, but much more than the market.
I am prepared to short XOM if it drops to 42.00
This stock lost nearly 2x the market during the main loss at 56 percent
So in summary long at 50 dollars short at 42.00
On to the stock I am buying
I showed this in a little bit more depth in another idea, but basically it has broken 52 week high once and is trying to do so again.
I have been impressed with their performance as of March 13th which since then
has been up over 500 percent and the last month has been up 100 percent.
Buy it up anywhere from right now to 90 to 95 dollars
Stop loss anywhere from 82 to 72 dollars
And finally the stock I am shorting
It issued more stock on June 8th which some people bought that day and then sold the next 5 days, this stock has gone almost back to where it was before it issued more stock.
Short the stock at 1.40 and take profit at 1 dollar
Good luck MoneyTradingCrew
