The TradeXchange

Tuesday, December 15, 2020

WATCH LIST 12/16/2020

 ARLO - Continues to be in focus for adds on the way up. Company partnered with CALX to boos revenue. Price target is $10. 

CRTO - Stock has been consolidating in the 18-19 range for a while. It might be the time soon to break clear of $20 psychological level. It is a value play  and should continue its positive trend on positive vaccine news and economic recovery. 


PTON - Continues to perform very positive and looks like it might break the $130 level soon. A target of 140 would be time to reduce position to core and rebuild on consolidation. Shorts seem to be in trouble. Long Term Portfolio. 


 VSTO - The stock is finally showing signs of life on vaccine good news. This another value play and a very well run company. Long Term strong buy looking to break range to the upside soon. Target Price $30.


KERN - Swing Trade that should move to the upside on cannabis sector M & A activity. Looking to break $4 soon. It is a short term trade with a significant chance to test recent highs at the $4.50 area. Longer term price target $6.00


                                              NOT investment advice. NOT a financial advisor.

                                                                    Thanks for viewing.






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