Trading Watch List 08.05.2022 | Bulls on Wall Street

Trading Watch List 08.05.2022

$QQQ still pushing and closing at highs again today. A lot of the mid-small cap names getting action now, be mindful of longs with the market getting too extended in the coming days.

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$HOOD

Big break out over $9.50 a few days ago. Doji candle today, but this is the type of play that could squeeze on red to green. Keep this on watch for a quick trade tomorrow.

$COIN

Monster move on the Blackrock news today, on watch for more momentum tomorrow. This is the type of news that can ignite a multi-day runner.

$NFLX

Showed signs of a flag break today, on watch for a move with more follow-through tomorrow if $QQQ continues to hold up.

$BKKT

Nice breakout over $3 today, beaten down crypto name could get running with $COIN showing signs of life. On watch for a long if it can hold up during the open.

$SOFI

Big breakout yesterday and inside day today, on watch for more squeeze if it can hold over $8.50 tomorrow.

$UPST

Beaten down tech name with inside day today, has room to run back to its 50MA if it can get over today’s highs.

 

 

 

 

Nick P Administrator
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