NASDAQ:VRTX   Vertex Pharmaceuticals Incorporated
Weekly Swing Watchlist

Couple great looking opportunities this week, otherwise equities look pretty quite with the broad sell offs we have seen. I am already at full risk after entering two trades last week so I will be sitting on my hands for now.

#1 Main Watch
$VRTX HTF ACB L

Monthly - 0.50 Fib/Decel/50 ema
Weekly   - Support/MACD/Double bottom
Daily      - Support/MACD/Double bottom/Descending triangle/Decel/Wave 5 completion
LTF        - Break out of descending triangle/MACD/Double bottom

Entry      - Waiting for 1HR close above 50 ema

RR          - 10 (Previous M/W highs)

Management - Long term

Additionally on Watch:
Main:
$PENN Daily IBO L
Other:
6 stocks on this weeks development needed list
23 stocks on monthly watchlist (mostly in Tech & Health Care sectors)

Live Trades:
$OEG - Full Risk
$AMC - 0.5% Profit locked in
$MASS - Full Risk
$VUZI - Full Risk
$Z - Full Risk

>Even if you are not ready for the day, it cannot always be night<
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.