This week, I am watching Netflix, Alibaba, CrowdStrike and CRISPR Therapeutics in my watchlist.
BABA: Had a great week and might see some reds this week but EMA 12 crossed 24 and we had a decisive breakout with high volume last Friday. Should end up around 240 by the end of the week, if not higher.
NFLX: It's filling the gap from April and it's gapping up on its way. It might lag and show some reds but should cross 540 this week.
CRWD: Cybersecurity stocks are hot right now. Price has been holding above a support line. If it doesn't break below, it should move toward a new ATH.
CRISPR: Revolutionary technology. This company is going to do great in the long run. I'm expecting it to reach ATH with today's gap very soon.
BABA: Had a great week and might see some reds this week but EMA 12 crossed 24 and we had a decisive breakout with high volume last Friday. Should end up around 240 by the end of the week, if not higher.
NFLX: It's filling the gap from April and it's gapping up on its way. It might lag and show some reds but should cross 540 this week.
CRWD: Cybersecurity stocks are hot right now. Price has been holding above a support line. If it doesn't break below, it should move toward a new ATH.
CRISPR: Revolutionary technology. This company is going to do great in the long run. I'm expecting it to reach ATH with today's gap very soon.
Comment:
NFLX: I am slowly turning bearish short term. Let's see.
Comment:
BABA was a bull trap. NFLX and CRWD are forming a base. Let's see how they behave next week. CRISPR was indecisive last week. As I said, it's a good investment, not a good trade.
Comment:
All stocks had a bull trap and fell immediately after. CRWD is still consolidating though. Should break out in near future.