Stock Watch List 08.10.2022

Nick
Patterson
August 9, 2022
How to trade stocksbows-opengraphTrading-Watch-List

CPI numbers coming out tomorrow at 8:30 EST, market chop today indicating the market is waiting on the report to pick a direction. Be careful again with longs, bull euphoria may have peaked and things could pull hard.Follow us on Twitter for daily trading tips and trading ideas! @bullsonwallst

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$META

Go-to name for a short tomorrow if the market starts dumping. Has room to fall if it loses the 20MA.

$RBLX

Crushed after hours after earnings report, on watch for a short. Not reflected in the daily chart, but it is trading down roughly 20% at $40 a share after-hours. Room to fall to its 50MA.

$FAZE

Monster move today, on watch for a potential day 2 long if it can pullback and give a red to green setup.

$SIGA

Holding up well still, two consolidation days in a row. On watch for another leg up for a quick long.

$ENPH

Strong tender in recent weeks with a nice bounce of the daily 9EMA. On watch for a long continuation set up if we need a long tomorrow.

$BBBY

A turd company that looks that has seen a ton of volume come into it. It finally pulled back today, but now it could go either direction. Nimble bias, if it gives a good intraday set up will be good for a quick day trade.

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