AMZN - This pullback is a long-term opportunityThis pullback in AMZN shares could make for a long-term opportunity to pick up shares. Shares fell +30% and could be in for a nice bounce in 2019.
Growthstocks
ETSY - this isn't a trend to fightThis company is growing rapidly. Last quarter growth accelerated again. Risks are to the upside even in a tough tape.
1. Great fundamentals, check.
2. Great technicals, check.
3. Unusual bullish trading activity, another check.
AAP gains in a tough tapeAAP shares saw a massive breakout on big volumes. This + a strong sector is bullish for the name.
MRK more upsideMRK shares are gaining alongside very bullish buy signals. This + a very strong sector should add to the momentum for higher share prices.
DISCLOSURE: long MRK
KO shows big buyingKO shares broke out to new 52 week highs on big volume. This activity should keep shares in bull mode.
SBUX more upsideSBUX shares gapped to new 52-week highs after a strong earnings report. Strong buying in the shares should buoy the stock higher.
DISCLOSURE: long SBUX
JWN new 52 weekerJWN is at new 52 week highs. This sector is moving higher with more volumes than usual. Shares should continue uptrend.
ROST new highsROST shares are at 52 week highs. This momentum should continue as the sector pushes higher.
TJX more upsideTJX is incredibly strong in the face of the weak market. Look for a breakout to new highs soon.
ISRG trading above 200dmaISRG is a growth machine over the last few years. The stock is still in a long-term uptrend as it is trading near the 200 dma.
LULU above 100 & 200 dmasLULU shows relative strength, holding above its 100 & 200 day moving averages. Its long-term trend is still intact.
Disclosure: long LULU
NFLX should lift hereNFLX shares are sitting right at the 200dma. We have not seen any UI sell signals in the stock over the previous weeks. Q3 numbers were solid - look for upside soon. Disclosure: long NFLX
NVDA upsideNVDA is showing large share volumes as the stock gains in price. The stock should continue its uptrend.
MTCH still looks to have upsideMTCH jumped after a strong EPS report. That gap was accompanied by large volumes. We should see further upside in the shares long-term.
V looking to break out further to the upsideVisa shares broke out above January's highs on increasing volumes. This should continue to support higher stock prices in 2018.
BIDU - look for shares to gainShare volumes are increasing alongside price increases. Look for a rip to upside soon.
HD should keep its bullish momentumHD shares broke through 52 week highs on large volumes. This should propel the shares higher.
PYPL bullish trading activityPYPL is increasing in price alongside heavy share volumes. The stock should continue to lift here.
SQ bullishI am following up on my last bullish call on SQ from March. The same pattern is showing unusual trading in the shares, which should propel the shares higher.
MA shows bullish trading activityMA shares broke out to new highs on big volumes. This trend should continue.
Bought ROKU Call Spread Jan 2020 55 C - Jan 2020 60C for $2.30/cEntered this Long Term Trade for $2.30/contract, since it completed a Long Term Breakout on a great percentage gain of more than 5%.
I will hold onto this trade until it is either close to max profit of $2.70/contract, which would yield 117% in about 15 months, or until the debit spread is cut in half.
First level of resistance is about $67 and after that $75.
Happy Trading
Lindosskier
