6/02/2021 Watchlist Charts

6/02/2021 Watchlist Charts

 

6/2 Watchlist

 

$MVIS – Had a nice green day today! Above 18, MVIS can see 19, 21, 23. Must hold 17+ as support. June 4th call options have had a ton of volume today. Looking at in the money calls for 17-18 strike.

 

 

$XOM – Oil plays may be coming back here! XOM had a decent green day, after breaking out of a wedge. The July 16th 62.5 & 65 strike calls had tons of volume today. Above 61, we can see 62, 64. Look for continuation if it holds 60 as support.

 

 

$AI – Earnings tomorrow after hours. Perhaps traders are expecting a big beat in earnings, as AI had a big green day the day before they report earnings. Above 73, we can see 78, 82. AI also had a ton of volume in call options. Looking at 75c 6/18 in particular.

 

 

$PDD – Falling wedge broken with a nice gap up today. Gap has been filled and it looks like PDD is possibly wanting to start a new uptrend. Over 140, we can see 144, 152. Must hold 136 as support. June 4th 147c had over 30K in volume today. Watch for continuation tomorrow if it holds these levels!

 

 

 

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