CAT 9ma bounce and possible name in a sector rotation toward industrials. Showing good relative strength. Episodic pivot as well.
GOOGL a big name in AI trend. Looking to buy on dip but collecting premium during this market weakness.
AAPL rebound should come once the market bounces. Showing relative strength and writing calls to collect premium while waiting for bounce.
Relative strength and possible breakout of a long base. Energy stocks showing strength.
VST bouncing for the 9 ma for continuation of upside.
DSX and shippers starting to run so we could see these stocks go for a sizeable run as shippers have had parabolic runs I’m the past.
SFL breaking above highs for another run. The shipping space is starting to run so it could be a beneficiary.
TGT has been sideways for a while and now breaking out of consolidation and a double bottom. $265 possible target.
F shorting it off the 9 ma rejection. Risking off of $16 and looking for $12.50 target.
LULU consolidated to 9 ma and breakout of the consolidation by there. There is some resistance at $400 but it could go to $460-$470. Risk off $370.
XLE making a nice bounce off of support.
BABA is at a support line that use to be a resistance line. If we see no downward follow through tomorrow, it should be a good time to go long.
AAL has a previous resistance at the $52 level and now could be support.
JD may breakout if it closes above $48.
I drew two support levels where JNJ could bounce off of. I'll be watching how the candles form over the next few days. For my daily trading log, you can view them here: www.youtube.com
WMT breakout to the upside. Look for any dips to go long. I am starting to do video logs of my trades so you can check out my first one here: youtu.be
KSS is a wait and see but it should run a lot once it decides which way it will go. I am starting a video log of my trades so you can see my first one here: youtu.be
TSLA looks to be basing nicely and might ramp up soon. I am going to start making videos of my options trades and you can see my first one here : youtu.be