Swing Trades for the Week, 28th December ( US Stocks )

 Yet another week is over, let's analyze the stocks that are looking good for the next week. Will try to explain in a very simple manner as always.  To zoom the charts, just tap on them.



Youdao Inc. ADR

In the weekly charts, Youdao Inc. ADR has volume shelf support. Let’s look at the Daily charts.

Volume Shelf Support is an exclusive feature available in Trend Spider.

In the daily charts, the stock has managed to take the support at the marked levels and have bullish trends with confirmation candles. This gives us bullish bias.




Tencent Music Entertainment Group ADR

In the weekly charts, the stock has come out of the marked resistance levels with strong candles. This confirmation candles gives us a bullish bias for the stock.

Let’s have a look at the daily charts.

In the daily charts, the stock has formed an ascending triangle and is converging to a bullish bias for the stock.


To trade US Stocks from India, WeBull is a great option- 




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