The TradeXchange

Friday, April 15, 2022

5 stocks to consider days ahead $CRTD $CRWD $ABNB $LAZR $OPEN

 


CRTD - Momentum name into the week, looking at a potential break of the 1.50 mental area of interest. A move to 1.90 area (R2) days ahead not out of the picture. Stop 1.15



CRWD - A favorite of the long term portfolio. It held 210 support and has a frontside RSI 64.13 indicating positive relative strength in a generally weak market. 210 could be a good stop out area if a swing trade is attempted. On April 12 Goldman upgraded the stock to buy with a $285 price target.  



 

ABNB - Another favorite of the long term portfolio. As traveling is expected to rise in the summer, we could see record numbers in this space. Resistance at the $180 area could be challenged days ahead and $200 mental area of interest weeks ahead.


LAZR - Initiated by Credit Suisse with an outperform rating. It is now in the long term portfolio being upgraded from my swing list. Long term mindset. 


 OPEN - The stock double bottomed around $6-$7 and has now what it seems to be a new trend to the upside. I expect a reclaim of the 50 day moving average and a test of the $10 mental area of trader interest. Prices above $15 in six to twelve months not out of the question. 


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