a Stock Rec RD1 New Draft

TrendLizard's stock recommendations

How to use this service

This service identifies stocks with clean Elliott Wave price patterns that are starting new trendy moves and therefore represent good trading opportunities. New stocks will be posted as they are found and will be placed at the top of each list. All charts will be updated by 7pm est every day the market is open. Click on any stock to see its chart.

A list of stocks that can be bought right now because they are in new trendy price moves that have a ton of potential (according to Elliott Wave). Only take a trade if you can handle the risk of the trade. The risk is the difference between the stock's current price and the stop loss level and represents the amount per share that you will lose if the trade goes the wrong way. Never risk more than you can afford to lose.

trade entry: If the stock is in this list, it can be bought right now or anytime as long as the current risk is acceptable to you. Once you buy the stock, enter a stop loss order where indicated to keep risk as small as possible.

trade exit: There are two exit strategies; exit at the price target, or exit only when the stock moves below our trailing stop loss level.

stock (ticker)	time frame	price target	stop loss level
name of stock including its ticker	the estimated amount of time it will take for the stock to achieve its price target; based on the time the previous trendy five-wave move took	estimation of where the new trendy five-wave move will complete based on the move being the same size as the previous five-wave move	Enter a sell stop order with your online broker at this level; if hit we must exit the trade because either the move is over or my Elliott Wave count was wrong. This level will be improved as frequently as possible to keep risk as small as possible.

a list of stocks that are intriguing but are not yet ready to trade; we are waiting for something to happen before buying them

stock (ticker)	time frame	price potential
name of stock including its ticker	the estimated amount of time it will take for the stock to achieve its price target once the new move begins; based on the time the previous trendy five-wave move took	estimation of where the new trendy five-wave move will complete; based on the move being the same size as the previous five-wave move

stocks you can buy right now

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stock (ticker)	time frame	price target	stop loss level	Elliott Wave analysis
Best Buy (BBY)	5-10 months	165	104	I love the stocks that only present one real possible labeling. The big 2020 up leg on BBY is one such move. You can debate the little details, or you can focus on the clear trendy nature of the move. Same with the big sideways pullbacks - it's obviously a three-wave countertrend move. As long as it's trading above the stop level, this will look like the start of the next big five-wave advance.
National Oilwell Varco (NOV)	2-4 months	20.50	13.90	NOV represents an oil play and a bullish Elliott Wave setup. The up leg in late 2020 is a clear trendy five-wave move while the pullback in 2021 is a three-wave move that appears to have ended. NOV will be poised to continue higher from here as long as it's trading above its red stop level. The target for this move is at 20.50.
Amazon (AMZN)	4-8 months	4500	3130	It's hard not to like this one given how clean the price patterns on AMZN have been. The up leg off the 2020 low is a very clear five-wave move. The pullback off the September 2020 high is obviously a countertrend move and took a three-wave form (as a countertrend move should). Now, AMZN has resumed giving us trendy upside action. This guy will look bullish as long as it's trading above the red stop level.
Summer Infant (SUMR)	4-8 months	31.00	13.00	SUMR completed a large trendy five-wave advance in October and followed it with a big ABC pullback that retraced approximately 61.8% of the up leg. It's now showing trendy upside potential again. SUMR will look bullish as long as it's trading above its stop level.
Agnico Eagle Mines (AEM)	4-8 months	100.00	60.30	A clear and trendy five-wave advance was followed by an apparent ABC pullback that appears to have ended in March and is now giving way to a new five-wave advance. Upside potential is large as long as AEM is trading above its stop level.
Lowes (LOW)	5-10 months	270	170	What a great chart this is. LOW traced out a big five-wave advance over the course of seven months. It followed that up with a sideways ABC pullback that spanned five months. It has now broken out in the next five-wave advance and has a lot of work to do before this move is over. As long as it's trading above its red stop level, we'll have our sights set on 270.
Facebook (FB)	4-8 months	410	280	FB sports the standard "five waves up, three waves down" pattern, but it's more developed in that it has already broken out in the next five-wave advance. As long as FB is trading above its stop level, higher prices have to be expected en route to its price target at 410.
Rollins, Inc (ROL)	6-12 months	53.00	34.00	This is a large cap, more conservative mid-term play. But it's still rock solid, thanks to a big five-wave wave advance followed by a clear three-wave pullback that has found support in our yellow Fibonacci retracement area. As long as ROL is trading above 34.00, the setup for higher prices up to 53.00 will exist.
Roper Technologies (ROP)	5-10 months	510	400	ROP offers a classic Elliott Wave setup consisting of a big five-wave advance that was followed by a larger degree ABC pullback that now appears to be over. ROP is expected to continue up towards 510 from here as long as it's trading above its red stop level.
Clarivate (CLVT)	5-10 months	39.00	25.00	As nice as the trendy five-wave advance is, the clear three-wave nature of the pullback is what I like best about this setup, and it doesn't hurt that it found support almost right at a 61.8% retracement of the five-wave move. As long as CLVT is trading above its stop level, it will be poised to continue up to our price target at 39.00.

stocks to watch

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