Weekly Picks of Stocks (01/04/2021)

Happy New Year 2021!

Georgia senate elections and continuing pandemic will drive the markets in January.

If the Georgia elections results in Republicans taking control of the senate then the stock market is expected to react bullishly else bearishly if the Democrats do.

Covid-19 infections and deaths in the US remains high.  Investors will watch the distribution and administration of the Covid-19 vaccine and it’s affect on the high infection totals,

The following is a list of stocks for the week of Dec 28, 2020 – Dec 31, 2021 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
None!!

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
NICE Nice-Systems Dec 28, 2020 Hanging Man 78.45
WCC Wesco Dec 29, 2020 Hanging Man 72.93
DDS Dillards Dec 29, 2020 Hanging Man 71.39
PRGS Progress Software Dec 29, 2020 Hanging Man 70.14

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