Trading Watch List 05-16-2022

Sayed
Zaman
May 15, 2022
How to trade stocksbows-opengraphTrading-Watch-List

Relief rally follow day. Stopped at 1st resistance 8 EMA. With tons of overhead resistance, nothing much to get excited about. 20 MA next logical resistance. It's just a dead cat bounce. Bottoming is a process and without quantitative easing, not much hope for "V" shape bounce.Hit and run trade continues both long and short.

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Check out our watch list and game plan:[caption id="attachment_65713" align="alignnone" width="800"]

FB 200 resistance break might make a run for 50 MA.[/caption][caption id="attachment_65712" align="alignnone" width="800"]

AAPL Day 1 of the bounce. See if this can follow through.[/caption][caption id="attachment_65711" align="alignnone" width="800"]

BABA Paused at resistance. Follow through watch.[/caption][caption id="attachment_65708" align="alignnone" width="800"]

NVDA 180 support is now resistance. Needs to get over 180 for a run to 190’s.[/caption][caption id="attachment_65709" align="alignnone" width="800"]

OXY Bounced 20 MA again. See if this breakout this time around.[/caption][caption id="attachment_65710" align="alignnone" width="800"]

RIVN Not much follow through after earning. Watching 27 break for a pop. around.[/caption][caption id="attachment_65707" align="alignnone" width="800"]

MSFT 260 hold might make a run for trend line breakout.[/caption]

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