All of these stocks should be on your watchlist for the week (& month) because sizable moves are on the horizon. Enjoy!
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#TopStocks #BestStocks #DecemberStockPicks
Video Topics:
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What is going on boom game in this video? I will be sharing a group of stocks that should be on your watch list for the remainder of the week and most likely the month. All of these stocks are approaching key price levels, which means that we are coming up on some excellent investment opportunities before i get into all that, though, if you're new to the channel don't forget to join the moon game by hitting the subscribe button also, it would Be great if you could drop a like, because all that support really helps this channel out and as a quick reminder if you're interested in free stocks make sure to check out the link to the weeble training platform. In the description of this video and now with all that out of the way, let's get started, first up is tesla the leading electric vehicle company, it's a very important week for tesla stock because it happens to be the last one before it is included into the S p 500 index, which will take place on monday december 21st. This leads me to believe that there'll be some abnormal volatility within the stock on both friday, the 18th and then again on monday.

So please proceed with a bit of caution: tesla trades under the ticker tsla and the stock is currently at 639 dollars. Its all-time high is at 654, which is roughly two percent away now. Tesla is no stranger to large price swings, so if it can make a new all-time high, i think it would just be a matter of time before we see 675, which would then be followed by 700, if you're looking to invest in tesla at a key technical Level of support, i would recommend watching 600, which would then be followed by 560, which has proven to have demand in the past. Next up is snowflake.

Snowflake is a cloud-based data analytics and storage company that happens to be backed by warren buffett, snowflake trades under the ticker snoww and, as recently as december, 8th, it hit its all-time high of 429 dollars and it's currently trading at 329.. Personally, i really like the data analytics business sector, so i would love to invest in this company on any major discount moving forward. I will be looking to pick up some shares between the 275 and 300 mark if you're a little bit more eager when it ipoded in september its first day high was 318, so you could try to target that price level. Stock number three is airbnb, which is a travel lodging play that i think, will do very well as soon as the global economy recovers, airbnb trades under the ticker a b and b, and it ipo'd not too long ago on december 10th.

Since then, at least at the point that i'm making this video every day has been a down day for the stock, airbnb is currently trading around 130 dollars. Its all-time high is 165 and its all-time low is 135. At this current price level, airbnb is down 11. Since its public debut at 146.

personally, this is exactly why i avoid ipos, because they have a very unpredictable nature with that being said, though, i am a fan of airbnb and i'm bullish on the long-term future of this company. Recently, an analyst did come out with a price target of 103, so if you're interested in investing in this company sooner rather than later, i would recommend trying to pick up shares as close to 100 as possible. Up next is the gigantic technology company from china, alibaba alibaba treads under the ticker baba, and the stock is currently at 258 from late october. Until now, there has been a pretty considerable sell-off in alibaba stock and that's because the company ran into regulation issues with both the us and chinese government, and on top of that, the ant group ipo was delayed.
It's pretty obvious that the recent action for alibaba has been bearish, but i want you to consider this. Alibaba truly is a massive technology company and on top of that they have access to one of the largest markets on this planet. These facts make me pretty bullish on the future of alibaba stock, so i would suggest, in investing in the upcoming region of support between 240 and 252. and last but not least, is rocket companies.

Ticker symbol, rkt rocket companies is a holding company for rocket mortgages loans. Autos and all those other related ones, the stock is currently trading just below 22 dollars and over the past week, it's up a very respectable 10. Most recently, this stock has been generating interest in not only the options market, but also from wall street analysts. Personally, from a technical perspective, i believe if the stock can get above the region of resistance between 23 and 24, there's really not much stopping it from shooting all the way up to 30 and past that it would be able to test its all-time high of 34..

From a risk to reward perspective, the closest support would be found just below 20. So i really like the setup. I would love to know your thoughts on all of these stocks in a comment below also feel free to post any questions or your predictions for what stocks will have large moves this week. If you enjoyed this video, it would be great if you could drop a like and if you haven't already don't forget, to join the moon game by hitting the subscribe button.

All that support really helps this channel out and as a quick reminder, if you're interested in free stocks make sure to check out the link to the weeble trading platform, which is in the description of this video thanks for watching and until next time. Best of luck in the markets, you.

7 thoughts on “Top stocks to watch this week december 2020”
  1. Avataaar/Circle Created with python_avatars John Acevedo says:

    Picked up a few shares of teladoc and splunk today. I appreciate your mention of baba and airbnb. I’m going to watch bnb if it gets in 100-110 I’m going to scoop up some shares. Also, I’m heavy baba but will add once it’s in 240-248

  2. Avataaar/Circle Created with python_avatars Shan says:

    Im looking at rkt but I sold. I might buy back in now

  3. Avataaar/Circle Created with python_avatars Jomel Williams says:

    What information do you read to stay updated on stock news?

  4. Avataaar/Circle Created with python_avatars TMF Motivation says:

    What about PLTR?

  5. Avataaar/Circle Created with python_avatars Alpha Trades says:

    MOON GANGGGGG

  6. Avataaar/Circle Created with python_avatars Penny Stocks says:

    Love these picks!

  7. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    What are the main stocks you plan on watching for the rest of the year?

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