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Your Guide to Market Movers and Shakers

Welcome to this week’s edition of “Hot Stocks for the Week,” where we spotlight the most exciting opportunities in the stock market. Whether you're a seasoned investor or just starting your journey, this is your go-to source for setups and trends.

Bias: Downtrend, short week with the holiday, not much volatility.

Top Stock of the Week:

• Stock: PLTR.

• Weekly Performance: Closed at 80.55 on 12/20.

• What’s the Setup: 1/3 Daily Setup – 2/1 Weekly

Play:

• Levels (Support/Resistance): Break over $80.91 for new ATH.

Stocks to Watch :

• Stock: AMZN.

• Weekly Performance: Closed at 224.92 on 12/20.

• What’s the Setup: 1/3 Daily Setup – 3 Bar weekly, open inside

Play:

• Levels (Support/Resistance): Break over $226.21 up to $232 (GAP).

Stocks to Watch:

• Stock: GE

• Weekly Performance: Closed at $168.37 on 12/20.

• What’s the Setup: 1/2 Continuation – Weekly Hammer, 2/2 reversal.

Play:

• Levels (Support/Resistance): Break over $169.20 up to $173.00

Shorts (Downside) Plays to watch:

• Stock: DPZ – below $424.01 down to $416.00 (GAP)

• Stock: AVGO – below $217.58 down to $211.11 (GAP)

• Stock: PANW – below $185.01 down to $183 (GAP)

Stay ahead of the market!

·         Unemployment Claims on Thursday

Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.