Coinbase is a buy with a target of $196 and stop loss at $154, as it has officially broken above its downward trendline, signaling a potential turnaround.
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The creator highlights three stocks for potential swing trading: Home Depot (HD) due to strong online sales...
The creator highlights three stocks for potential swing trading: Home Depot (HD) due to strong online sales growth and potential retest of the 200-day moving average, NextEra Energy (NEE) as smart money rotates into power utilities amid a crowded tech sector, and Coinbase (COIN) showing signs of a potential turnaround after a brutal bearish slump by breaking its downward trendline.
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NextEra Energy is recommended as smart money rotates into power utilities, with a target of $92 and stop loss at $85, due to its position in the renewable energy space.
Home Depot is a buy with a target of $355 and stop loss at $326, driven by over 10% online sales growth for the fourth consecutive quarter and potential retest of the 200-day moving average.
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