Trading Watch List 08.18.2023

stock trading watch list

Orderly sell off below 50 MA. QQQ 357 next support area. Market geeing oversold, doesn’t mean it has bounce but a panic move  down and reversal is a possibility to watch out for. TSLA,META, UPST short runners from watch list.

*** Time for a short vacation. There will no blog next week. I will return after Labor day.***



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Check out our watch list and game plan:

TSLA 230 short idea working well. Closed right on 220 support zone. Ideally another flush and buyers show up.
UPST 30 support needs to hold.
AMZN Closed right on 20 MA support. If doesn’t hold,50 MA /gap fill area next.
NVDA Holds 430 support for now. Vulnerable on a break.
APPL Watching 170 area if gets there.
CVNA 35 support area.

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