Week of 05/03/2021
Welcome back everyone. Hope you had a great weekend. I see very few good setups for this week. I know futures are up as of now but I think if we do get a green open, I would be looking to go short in the near term. I do have 3 stocks that look good on the upside though. Below are stocks that look good to me for UP move. TGT May 07, 2021 210c Chart starting up and a move back to ATH seems likely soon. UAL May 07, 2021 55c Nice looking chart and had a good bounce from support after earnings drop. WMT May 07, 2021 140c Chart turning up. A move to 142 seems likely in near term. Below are stocks that look good to me for DOWN move. ADBE May 07, 2021 505p Chart starting to turn down. If 505 breaks, then 500 should come quickly. CRWD May 07, 2021 205p Chart turning down. Test back to 50dma seems likely soon.