Trading watchlist for tomorrow (12/9)
Every night I go through 200+ charts and I post my favorites in my Stocktwits room [click here for a 10-day free trial] and figured I might as well send some of them to my Substack subscribers.
Please keep in mind the November PPI report comes out tomorrow morning at 8:30am EST which will probably move the markets quite dramatically. This means these charts might look like great setups tonight (12/8) but everything could change after the PPI report.
I’m going to go through these relatively fast and in alphabetical order, if you have any questions feel free to shoot me an email.
Here are the stocks I covered:
A
ACDC
ADSK
AMKR
AMT
AMAT
AMGN
BERY
CPRI
DXCM
FIVE
HIMS
IDXX
IMCR
IT
MRNA
MTSI
NIO
NVDA
PCAR
PD
PODD
PRVA
REGN
RMBS
RNG
SE
SEGN
SMCI
STAA
SWKS
TECK
THRM
TOL
WK
A
Nice bounce of 10d EMA, I might be a buyer on the breakout
ACDC
Nice bounce off 50d SMA, I’d consider a position with SL under 50d SMA
ADSK
Looking for possible breakout in which case I’d consider a position
AMKR
I really like this setup, looking for breakout, would use 23d EMA for SL