Stocks to Watch
There are two stocks I am interested in right now that I will be watching closely this morning. They are AAPL and NVDA.
NVDA looks great to me - I already have a position in it - and I think it can break out.
You can see that after a large move on Monday we are building a flag. I am watching the top of yesterdayβs doji as a position to add. If you donβt currently have a position, this can be a place to initiate.
NVDA has earnings coming up next week so this can see a lift in the lead up to the report.
As for AAPL, the stock has been strong. What I like about it is that they have made our lives very easy if youβre looking to trade AAPL.
You see how we formed a long legged doji yesterday. Whichever way we break on this doji can be a place to initiate a trade (long or short). Iβm hoping we break to the upside as I currently have a swing trade in place on AAPL.
Bottom line watch yesterdayβs doji and that will be your guide on how to move forward with the stock.
Watch this video for further analysis of these stocks and other names I am focusing on for potential trades today.