Week of 04/05/2021

Welcome back everyone. Hope you had a great weekend.

 

We had a really nice bounce to end last week. Technology/growth seems to have reached good levels from where we should now see a ramp up especially with earnings coming up. There are lot of stocks that look good but I want to see an up move for at least 1-2 days for confirmation before jumping in.

 

Below are stocks that look good to me for UP move.

 

ABNB Apr 09, 2021 200c

Chart starting to turn up and a move back to 205 seems very likely this week.

GOOGL Apr 09, 2021 2200c

Strong chart and very nice move last week. A test of ATH near 2150 should happen soon.

NFLX Apr 09, 2021 550c

Nice bounce above 50dma. A move to 560 seems likely in short term.

MU Apr 09, 2021 95c

Good earnings move last week and a follow through to ATH near 95.75 seems highly likely.

ROKU Apr 09, 2021 350c

Chart starting to turn up and a move to 360 seems very likely in short term.

SE Apr 09, 2021 245c

Strong chart and this closed right at 50dma last week. Once it breaks 240.5, then 250 will come quickly.

SQ Apr 09, 2021 240c

Chart starting to turn up and a move to 245 should happen in short term.

 

ALWAYS REMEMBER TO USE STOPS AS PER YOUR APPETITE TO HANDLE LOSSES.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

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