The Best Day Trading Stocks In 2021

Reasons that make Tesla Inc. Best Day Trading Stock

Trending Stock: Due to recent developments, Tesla Inc. has become one of the most trendy stocks of 2020 making it highly attractive for day traders as trendy stocks attract more swing trading opportunities.

Bollinger Band Analysis: Bollinger Band analysis shows a strong price to volatility action with changing trends. This shows the stock has high price movements with more profitable swing trade opportunities in both directions.

News: With Tesla Inc. being in the news more often than ever, a mere positive or negative speculation can make the price move significantly making it one of the best stocks to buy for day trading.

Increase in Traded Volume: Tesla Inc. has seen its daily volume shot up exponentially showing increasing interest of traders in the stock. As per the analysis the stock has seen a volume increase of around 200% in one month.

2. Etsy Inc. 

Established in 2005, Etsy Inc. is a fast-growing e-commerce company primarily dealing with handmade products. Etsy Inc. offers a wide range of products such as bags, jewelry, clothing, home decoration, furniture, and many more.

Etsy Inc. also offers its shoppers authentic vintage products that are at least 20 years old, ensuring quality and authenticity for vintage lovers. As per the 2018 reports, Etsy Inc. has over 60 million products registered on its platform and due to a paradigm shift in online shopping in the year 2020, it is estimated to grow exponentially.

Etsy Inc. has seen its stock price shot up by over 250% in the year 2020 itself.

Reasons that make Etsy Inc. Best Day Trading Stock

Trending Stock: Due to pandemic and increasing mass fear, Etsy Inc. has experienced drastic growth in the past few months. With the general population now turning more towards online shopping, Etsy Inc. is one of the top e-commerce players has been on the radar of traders for the past many months.

Bollinger Band Analysis: Bollinger Band analysis shows a strong increase in price to volatility action with trends moving towards buying making it one of the top 10 best stocks to buy now. Such high price movements in a single upward trend make Etsy Inc. one of the good stocks to invest in.

News: With the e-commerce industry being in the news due to its skyrocketing demand and increase in sales, Etsy Inc. is sure to be on the radar of traders and investors alike making it one of the top day trading stocks.

Increase in Traded Volume: Etsy Inc. has seen a consistent total volume, however, a deeper analysis shows that there has been a drastic increase in the traded volume as compared to deliverables resulting in high volatility and traders’ interest.

3. Advanced Micro Devices Inc.

Established in 1969, Advanced Micro Devices Inc. (AMD) has become a household name when it comes to computer processors and other technologies.

With its markets expanding to both business as well as consumer spheres, it offers a wide range of product lines which includes primarily microprocessors, motherboard chipsets, graphics processors, PCs, and embedded system applications.

Since january 2020 AMD has seen its stock price grow around 200% and is all set to move to triple-digit.

Reasons that make AMD Best Day Trading Stock

Trending Stock: Another stock that is going to benefit from the onset of a pandemic is AMD. With Work From Home becoming the new norm and the need for the companies to provide their employees a better infrastructure at home, the demand for laptops and PCs with faster processors has experienced drastic growth in the past few months.

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Disclaimer: Futures, options, and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for ...

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