UnclePennybagss

Watchlist 2023-06-09 $DOCU $INTC $SMTC

NASDAQ:DOCU   DocuSign, Inc.
SPY getting ever so close to breaking out from the 430 level after a nasty fakeout below the 426 support. For a BO we can trust, the ideal situation would be to find some support off the open near 428 and then attempt a BO. We don't want this to go right off the open as it's less likely to succeed.

For further confirmation of a trend day, watch for:
ADD pinned near +\-2000
VOLD ratio over +/- 3
TICK cumulating past 0 wicking to +/-900

INTC - juicy technical break out over 31.50 with buyers aggressively stepping up at 30 . Lots of resistance at 31.50, and 33.80 but if chips can get moving INTC has room to move.

DOCU - DocuSign Slightly Lifts Fiscal 2024 Revenue Guidance Following First-Quarter Beat. Need this to calm down after the open as it will be very spready, however, with squeezes stocks moving, and DOCU having positive news, this has a great opportunity to run if a base forms.

Support 64
Resistance 67
Inflection 62

PDD - support test at 74 would be a buy.
SMTC - buyers finally stepped up at 23. if we can show signs of strength and the bottom holds, plent of room to the upside after PD's profit taking off positive news.

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