Trading Watch List 05.12.2021 | Bulls on Wall Street

Trading Watch List 05.12.2021

Hard sell off Monday followed by big gap down Tuesday morning, usually a high probability bounce scenario. No exception this time. If you follow me on Twitter , I posted this Monday night.

Bounce idea worked out great. Pretty much all the charts has the same look now. Hopefully a continuation or even a  flat/inside day for Index’s while individual stocks makes continuation moves. Worst case scenario for bulls is hard reversal from here.

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Here is the watch list and game plan:

ENPH Might make a run to 200 MA.
DDOG 80 is level for this stock.
COIN If 300 holds might catch another push.
BNTX 203 is level for this stock.
PENN Poking back over 200 MA. See if this holds for another push.
FUTU Continuation watch on a red to green.

BIDU Back over 200 MA. See if this holds for another push.
Might catch a pop on 200 MA remount.

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