7/22/2021 Watchlist Charts

7/22/2021 Watchlist Charts

 

7/22 Thursday Watchlist

 

$SOFI – volume backed breakout from a falling wedge! SOFI can see 17-20 next with continued volume and strength. Be on the lookout for a move towards 17.5+. Tons of bullish call buying activity as well.

 

 

 

$SQ – Solid breakout from a falling wedge as well. Earnings just around the corner on 8/5. Look for a move towards 261 and if it breaks above, a move towards 269 & 278.

 

 

 

$CVS – Ex-dividend date is tomorrow, 7/22, paid out on 8/2. Earnings just around the corner as well. Broke out of trendline resistance with volume. Look for a break above 83.5 for further continuation. Typically, investors & traders will buy for that sweet dividend payout. Tons of bullish call buying detected as well.

 

 

 

$AMD – Another falling wedge breakout we came across. Earnings to be reported on 7/27, which is just around the corner. AMD is set up to see 92+. Must hold above 89.