Stocks To Watch - Week of 02/15/2021

Updated: Feb 16

Here are some top plays we are watching this short trading week ahead. Daytrading Continuation Plays

These top 20 stocks exhibited strong volume and volatility last week and should be kept on watch for possible upside breakouts over the previous session's high on day. They are also on watch for support entries on any dips. Shipping stocks are all poised for a further breakout but may need to dip and consolidate after Friday's push higher - $TOPS, $SHIP, $DSX, $PXS are all forming or have formed daily and weekly golden crosses and have the ability to short squeeze much higher in the coming 2-8 weeks! Low floats and small cap pennystocks continue to see large volume and massive gains daily!

Featured Plays

$TRCH

Exhibited an amazing upside breakout Friday's session and moved higher in the after hours session as well. Watching for $3.00 and $3.50 to develop into support levels once broken to the upside. If the price can sustain over $3.50 the PT1 is $3.75, PT2 is $4.00. At any point if this stock breaks $4.00 it can move to $4.10,4.25,4.50,4.75,5.00 breakout price targets.



$MSFT This stock has been on our long term swing and investment radar all year long as it was consolidating in an increasing wedge. Now that it has brokeout of the $230+ resistance zone, we are watching $240.00 area of support to hold, any dips to $240/238 we will be adding to our position and/or is a good entry if not already in. If this stock can clear $245.00 and hold above the breakout targets are $247.50/248/250. If at any point MSFT can clear $250.00 and hold it can breakout to upwards of $260.

Not a current member? Visit our website today http://www.PlanTheTrades.com and sign up! Our team consists of analysts, mentors, and professional daytraders all over the world and we provide all the educational content and tools you need to succeed all in one place! If you have any questions feel free to email us anytime Support@PlanTheTrades.com Have a great evening! Trade safe.

9 views0 comments

Recent Posts

See All
 

Subscribe Form

  • Facebook
  • Twitter

©2021 by PlanTheTrades.com.  All Rights Reserved. 
Privacy Policy     Terms and Conditions     Disclaimer