2. Carvana (CVNA) - The False Breakdown Play Current Price: ~$240 Swing Target: $450+ Why It's Interesting: Classic false breakdown pattern developing I still think Carvana goes to $500, and here's why this recent weakness might be exactly what we want to see. Look, this got sloppy into Friday's OpEx and continued Monday. But strong stocks sometimes shake people out before they do their thing. What I think we're seeing here is a false breakdown - the kind that ultimately resolves in the direction of the main trend. The pattern I'm watching is simple: initial spike up, pullback, then secondary move. Instead of making that secondary move from the pullback, CVNA rolled over and took out the lows. But if this is truly a false breakdown, we should see it reclaim and start making that move soon. Holiday weeks can be perfect for these kinds of moves when volume is light and shorts get caught off guard. 3. Roku (ROKU) - The Weekly Squeeze Special Current Price: ~$65 Swing Target: $75+ (gap fill potential to $15-17) Why I Like It: Weekly squeeze with momentum shift Roku and I have history - we used to trade this thing all the time together, and for good reason. This weekly squeeze with a momentum shift looks exactly like what we want to see. It's a little extended for a longer-term swing entry right here, but the bigger picture story is compelling. If Roku can get above $75, there's a massive gap to fill up around $15-17. That's not a typo - this thing has room to run if it gets going. The setup isn't quite as clean as Lemonade, but it's definitely on my holiday radar. Sometimes the slightly messier setups are the ones that really surprise you. 4. B. Riley (RILY) - The Earnings Surprise Bounce Current Price: ~$5.50 Swing Target: $7.50+ (gap fill to $15-17) Why It's Worth Watching: Post-earnings momentum shift on the weekly Here's one that surprised announced earnings last week and had a huge move on massive volume. It came back pretty far, but now it's bouncing, and we're starting to see momentum shift on the weekly chart. I know it's a long way percentage-wise - about a 40% move to get over $7.50. But if Riley can clear that level, there's massive room up to $15-17 to close the gap from its previous highs. Holiday trading can be perfect for these kinds of recovery plays when institutional selling pressure lightens up. 5. EchoStar (SATS) - The 130-Minute Beauty Current Price: ~$109 Entry Target: Dip to $104 Swing Target: TBD (following the pattern) Why It's Tempting: 130-minute chart looks phenomenal This one looks awesome, but it's up about $5 since I first noticed it, so I'm not chasing. The 130-minute chart is absolutely beautiful - the kind of setup that makes you want to do something immediately. I've got an alert set for a dip back to $104. If we get that pullback over the holiday week, this becomes a serious consideration. Sometimes the best swing trades are the ones where you wait for your price instead of chasing the move. Your Action Plan Here's the thing about holiday weeks: while most traders are checking out, some of the year's best moves happen when nobody's paying attention. Lower volume can amplify moves, and institutional selling pressure often lightens up. That's why I'll be watching these charts even while everyone else is focused on Christmas dinner and family time. Not saying I'll be glued to screens - but these setups are too good to ignore completely. The key is patience. Wait for your levels, wait for your setups, and when they align, be ready to act. These five charts represent different types of swing opportunities that could develop over the quiet trading period. Not all will work. Some might fail spectacularly. But when you find setups with this much technical alignment, the odds start tilting in your favor. By the way, if you like any of these ideas, you'll want to check this out. |
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