Trading Watch List 10.17.2023

Sayed
Zaman
October 15, 2023
How to trade stocksbows-opengraphTrading-Watch-List

QQQ trend line resistance fade and close below 50 MA. Bulls need to defend 20 MA, 362 area. Tech earning season starts this week. Hopefully that will provide a better picture, whether this was a just a bear market rally or a pullback before start of a new uptrend.

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META Pull to breakout spot. See if this holds or failed breakout.[/caption][caption id="attachment_69629" align="alignnone" width="800"]

NVDA Closed below 8 EMA. Watching if 349/350 area hold. Overall bearish head and shoulder pattern.[/caption][caption id="attachment_69628" align="alignnone" width="800"]

TSLA Faded after failed to hold 260 support.250 big spot here. Watching for direction wither way, red to green on green to red. Earning Wednesday.[/caption][caption id="attachment_69627" align="alignnone" width="800"]

NFLX See if this 250 holds ahead if earning Wednesday for a dead cat bounce.[/caption][caption id="attachment_69626" align="alignnone" width="800"]

CRNX Rally back over 8/20 MA. Back on radar.[/caption][caption id="attachment_69625" align="alignnone" width="800"]

IMVT Watching back over38 with volume.[/caption] Finding the right stocks to trade is only half the battle.

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