What are some stocks you're watching in December?

So let's get some discussion going, what 3 stocks are you watching/buying in December? November is almost done, so let's look forward to the final month of the year! Anyways, Here's my list:

• Tencent TCEHY - huge earnings last Q, passed 500B cap, and Skype recently got banned in China... So this is better news for WeChat and Tencent. I think once more money starts flowing into this stock from US investors (I think this has already begun if you watch the video below I go over this) this will push it much further and we could be looking at the next BABA in terms of popularity among investors.

• Ebay EBAY - this is a big one for the holiday season. EBay has had good growth over the years and this holiday season should be no different. However what caught my attention was the graph - which has come down to test some uptrend support and the 200 day MA I believe. Good buying opportunity imo for a swing play in December.

• Ferrari RACE - this took a hit after earnings after guidance wasn't as good as investors expects, and the unveiling of the Tesla roadster scared some investors too. That being said, this has gapped down and found support on the 100 day MA as well as the uptrend support - and if you look at Friday, it's beginning it's rally back up to fill those gaps. Good stock for December as I feel we will make new ATH soon here once volume picks up again.

I have a position in all 3 of these. Tencent is a long term hold that I keep adding to whenever I can, and the other 2 are more swing trades (they caught my attention earlier this month in the 5 stocks im watching weekly series I do). For those interested, I made a full video going over my reasoning (fundamental and technical) so be sure to check it out for more info and drop a like: https://youtu.be/vTThHuL4jdI

Have a great weekend and discuss!!

Submitted November 25, 2017 at 12:54PM by blackdragon1299 http://ift.tt/2zmzyHw