US stocks on my radar this week.

I wrote a post over the w/e noting many FX pairs are at key S/R levels but the same applies for some of the stocks on my watch list; charts below. Most of them are NASDAQ stocks.

CSCO: watch the ascending triangle trend lines and key $35 level here as this is HUGE S/R:

INTC: there has been a bullish break above the triangle here but watch $40 level for any new breakout as this is HUGE S/R:

MU: there has been a bullish break above the triangle here but watch $40 level here too for any new breakout as this is HUGE S/R on this pair as well:

YHOO: there has been a bullish break above the triangle here but watch the $60 level for any new breakout as this is HUGE S/R:

AMD: watch the wedge trend lines and the $15 is this is a huge S/R zone:

ANF: watch the descending wedge trend lines for any new breakout:

BAC: watch for any hold above the $25 level as this is huge S/R and watch also for any new wedge breakout:

CONN: there has been a bullish wedge breakout here so watch for any continuation:

CPB: watch the 61.8% fib for any continued support:

DB:  there has been a bit of a weak wedge breakout here but watch for any continuation:  

HRL: watch the wedge trend lines here for any new breakout:

M: ditto:

MRVL: there has been a new bullish triangle breakout here so watch for any continuation. The $20 is S/R here:

TWTR: there has been a wedge breakout here so watch for any continuation:

APOL weekly: watching the wedge trend lines here for any new breakout:

DGII monthly:  watching the wedge trend lines here for any new breakout:

DSPG: watching the ascending triangle trend lines and key $13 level for any new breakout:

JASO: there has been a bullish break above the triangle here but watch the weekly 200 EMA and $10 level for any new breakout:

MGM:  there has been a bullish break above the triangle here but watch the $35 level for any new breakout:

PTNR weekly: there has been a bullish break above the triangle here but watch the weekly 200 EMA and $6 level for any new breakout:

TTGT weekly: there has been a bullish break above the triangle here so watch for any continuation:

4 thoughts on “US stocks on my radar this week.

  1. Thankyou MAry, your contribution is most appreciated to a beginner myself.
    Pete.

    • My pleasure Pete,

      Just FYI:
      # I’ve opened a few Put positions on some of these today: MU, MGM and BAC.

      # I’ve already got positions on INTC, CSCO, CONN, TWTR and AMD.

      Cheers,

      Mary

      • Mary , are you selling puts with a view to possibly being exercised at a lower price or are you bearish and buying?

        • Hi Nick,

          I’m selling Puts to take premium but happy to be exercised and then take stock at a lower price.

          If assigned, I then sell Calls. This is what I’ve been doing on TWTR, CONN and AMD of late.

          Hope that helps.

          Cheers,

          Mary

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