3 More BULL plays!
Welcome back to my YouTube channel! In this video, I, Doctor Stock, Doctor of Education, will be discussing three long plays that I believe are some of the best stocks to consider buying now. Please note that these are just my opinions, and I am not providing any advice to buy or sell stocks. I encourage you to do your own research and make informed decisions.
Before we dive into the stocks, I want to mention that I will be using the Moomoo app in this video. If you're interested in accessing the app and getting some free stocks, check out the link in the description. By using my link, you can receive up to 17 free stocks. I'll provide more details later in the video.
Now let's move on to the stocks. The first one I want to discuss is Generac (ticker symbol GNRC). Generac has experienced significant fluctuations during the pandemic, reaching a peak of over $500 per share. However, it has recently bottomed out and is now back above its 50-day moving average. The stock is currently facing resistance at the 200-day moving average. If it can break above this resistance, I believe there is a significant upside potential of 10 to 20%. Keep in mind that we are currently at a resistance level, so we need to see a breakout before expecting further gains. Generac could be an excellent swing trading opportunity if you're interested and believe in its potential.
Moving on, the next stock is a digital one that I always forget the name of. Please give me a moment. It is a pure technical play, meaning I'm not considering fundamental analysis here. I'm interested in this stock because it formed a double bottom around $15.33 on the charts. It has since bounced back and broken above the 50-day moving average, which was previously acting as resistance. I believe there is room for a 5% gain up to the 200-day moving average, and if the momentum continues, we might see even more upside potential. Although we haven't seen strong volume recently, there is still a chance for a breakout and a potential Golden Cross moment in the future.
The third stock I want to highlight is Atmos Energy (ticker symbol ATO). This stock exhibits a beautiful ascending triangle pattern, not to be confused with an ascending wedge, which is a reversal pattern. We can see clear resistance just below $119 per share. If Atmos Energy breaks above this level, which it has been putting pressure on, and continues to trade above both the 200-day and 50-day moving averages, we could witness strong upside potential. The ascending triangle pattern suggests a bullish outlook, and breaking above resistance could lead to further gains.
Now, as promised, let's discuss the Moomoo app and the free stocks you can get. By using my link in the description, you can receive free stocks ranging from $3 to $2,000. If you deposit $100 or more, you will also receive five free stocks and $100 in cash rewards. This means you can trade with $200 and still have your initial $100 deposit. Additionally, there are more rewards available for higher deposit amounts, such as $1,000 or $5,000, including a share of Tesla or Google stock. Take advantage of this offer if you're interested, and remember, it's your decision to make.
If you enjoyed my commentary and want more, you can click the link in the description to sign up for my page on exclusives and gain access to my private Discord community, where you can interact with me and other members during the trading day. Lastly, supporting the channel by using the Moomoo link not only benefits you with free stocks but also helps sustain the Doctor Stock Studio.
Before we dive into the stocks, I want to mention that I will be using the Moomoo app in this video. If you're interested in accessing the app and getting some free stocks, check out the link in the description. By using my link, you can receive up to 17 free stocks. I'll provide more details later in the video.
Now let's move on to the stocks. The first one I want to discuss is Generac (ticker symbol GNRC). Generac has experienced significant fluctuations during the pandemic, reaching a peak of over $500 per share. However, it has recently bottomed out and is now back above its 50-day moving average. The stock is currently facing resistance at the 200-day moving average. If it can break above this resistance, I believe there is a significant upside potential of 10 to 20%. Keep in mind that we are currently at a resistance level, so we need to see a breakout before expecting further gains. Generac could be an excellent swing trading opportunity if you're interested and believe in its potential.
Moving on, the next stock is a digital one that I always forget the name of. Please give me a moment. It is a pure technical play, meaning I'm not considering fundamental analysis here. I'm interested in this stock because it formed a double bottom around $15.33 on the charts. It has since bounced back and broken above the 50-day moving average, which was previously acting as resistance. I believe there is room for a 5% gain up to the 200-day moving average, and if the momentum continues, we might see even more upside potential. Although we haven't seen strong volume recently, there is still a chance for a breakout and a potential Golden Cross moment in the future.
The third stock I want to highlight is Atmos Energy (ticker symbol ATO). This stock exhibits a beautiful ascending triangle pattern, not to be confused with an ascending wedge, which is a reversal pattern. We can see clear resistance just below $119 per share. If Atmos Energy breaks above this level, which it has been putting pressure on, and continues to trade above both the 200-day and 50-day moving averages, we could witness strong upside potential. The ascending triangle pattern suggests a bullish outlook, and breaking above resistance could lead to further gains.
Now, as promised, let's discuss the Moomoo app and the free stocks you can get. By using my link in the description, you can receive free stocks ranging from $3 to $2,000. If you deposit $100 or more, you will also receive five free stocks and $100 in cash rewards. This means you can trade with $200 and still have your initial $100 deposit. Additionally, there are more rewards available for higher deposit amounts, such as $1,000 or $5,000, including a share of Tesla or Google stock. Take advantage of this offer if you're interested, and remember, it's your decision to make.
If you enjoyed my commentary and want more, you can click the link in the description to sign up for my page on exclusives and gain access to my private Discord community, where you can interact with me and other members during the trading day. Lastly, supporting the channel by using the Moomoo link not only benefits you with free stocks but also helps sustain the Doctor Stock Studio.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Doctor of Education, long-term investor, & stock trading enthusiast researching the markets and making decisions.
523Followers
8Following
1404Visitors
Follow