Trading Watch List 06.01.2022 | Bulls on Wall Street

Trading Watch List 06.01.2022

$QQQ with the expected rest day after 3 big green days. Today we got the easy fade day, tomorrow will be trickier, more reactive trades. Check out tomorrow’s watch list and game plan:

 

Follow us on Twitter for daily market commentary and trading tips @bullsonwallst

Earnings Reports This Week

Click here for our TC2000 charting layouts if you want them!

$UPST

$55 area a big resistance level, along with the 20MA catching up. If we can break and hold over it looks good for a gap fill with a ton of momentum in the coming weeks.

$ROKU

Rest day today, if the $QQQ resumes momentum tomorrow this will be on top watch for a long set up.

$SQ

Building up pressure at the $90 area, along with a nice inside day. Room to run back to the psychological $100 level and the 50MA.

$AFRM

Nice consolidation day, should get a could pop for a day trade if the market holds up tomorrow.

$PDD

China name getting extended, if this gaps up and the market starts to roll over it will be on watch for an exhaustion gap short play to the downside.

$RBLX

Ugly reversal candle, keeping this on the short watch list if the markets start to get week. Room to fall back to $26.

$AMD

Starting to build up pressure in the $105 area, wouldn’t expect it to break out tomorrow but keep it on watch later this week after it gets a few more days of consolidation.

 

Nick P Administrator
Powered By MemberPress WooCommerce Plus Integration
Processing...
[class^="wpforms-"]
[class^="wpforms-"]