WEEK OF MARCH 1, 2021
Due to the recent market volitility, I don’t consider it to be the best swing trading environment. There are many stocks currently in pull-back mode and will need time to set up. I’d recommend trading smaller share sizes until things settle down. Below are stocks that have held up well and are considered watchlist names.
WATCHLIST
ABNB - looking for a pullback towards $200 or strength above $205
AMAT - $120.25
AMKR - $24.50
APHA - needs some time to setup, watching the $21.00 level
APPS - looking for a pullback towards $80, hold above $81.65, strength above $85.76
ATI - big recent breakout, watching the retest of the $19.25 level
BMBL - $70.50
CPE - $26.58
ELY - holding above the 50-day MA, watching $28.50
HST - $16.85
LVS - $63.50 - looking for continued strength in the casino names
LYB - $105.50
MAXR - $48.87
MGM - $38.47
MHK - $177.70
PLT - $42.30
RKT - $22.35
SBLK - $14.50
SNAP - $67 - $67.50
TWTR - looking to hold above $77.00
UPWK - $55.15
