04/19/2021 Watchlist Charts
4/19 Monday Watchlist
$SPOT – Watching for a break above 300 for a long position. If it fails to break out above 300, it can head towards 271 for support.
$WFC – Moving nice on homebuilder strength and lumber shortages. Tons of buying pressure. Looking for a move towards 48+ if WFC can maintain 43+.
$WY – At some all time highs right now. Earnings just around the corner on 4/30 and we may be seeing an early earnings run. If the strength maintains, we can probably see it move towards 41+.
$GOOGL – Consolidating after a strong run up. Watching to see it pick a direction. Over 2300, we can see a move towards 2330+. Below 2228, it can see 2200, 2145.
$AMZN – If AMZN can break above 3434 it should be set up for further continue and test 3500. If it maintains 3500+, we should see a move towards 3552+ next. If AMZN fails to break above 3434, we’re probably looking at a move towards 3300.