Stock Market Watchlist for 16 Nov 2020

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AAPL – above the mid line of the Bollinger bands / has been consolidating within the bands for a few weeks now after the stock split pump & selloff
Positives: setting up above 8 EMA / 21 EMA

Levels to watch and set price alerts on:
Friday’s low – 117.87 / Friday’s high 119.67

Last week’s high 121.99 – for upward momentum we would want to see a move above $120.53 (recent 4hr highs) and break above last week’s high of 121.99 – which opens the door to next levels of 123 / 125 / 126.91 / 128.84

Last week’s low 114.13 (for us to break below that there would have to be significant selling pressure on tech market) – a warning sign would first be breaking below 117.87 and 116.44 after that


SQ – (long swing watch) – I like the current weekly chart, we had a big move up to $201.33 ATH (all time highs) after their earnings report results / then it pulled back sharply in 2 days to a low of 167.11 
Positives: above 21 / 55 / 100 EMA

Levels to watch and set price alerts on:
Friday’s high 180.90 / Friday’s low of 175.50

Above 180.90 leads to 184.26 / 191.31 


NFLX – (potential short day trade watch) – currently below the mid line of BB (Bollinger band)
Negatives: below 8 / 21 / 55 / 100 EMA’s (showing relative weakness)

Levels to watch and set price alerts on:
Fridays’s high 477.80 – flashed under Friday’s low of 477.80 real quick within the last half hour of the day / Friday’s high 488.94

Below 477.80 (Friday’s low) opens the door to a test of last week’s low 463.41, which could make for a nice intraday short trade. If it goes below that, 458.60 to 450 psychological price support next


SPY


WMT


GLD


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