📈 Watch These Stocks...

These are on my watchlist.

Apple ($AAPL)

Let’s start with Apple. I highlighted this in yesterday’s newsletter and I thought it was worth updating.

The 200 SMA is a crucial level for AAPL. We held it again yesterday. If we are going to continue using the 200 SMA as support and holding that level, this is one to keep an eye on.

If you are interested in trading this name, just use the 200 SMA as your guide.

Microsoft ($MSFT)

Microsoft had a nasty rejection yesterday.

You made a higher high off the open and then proceeded to form a near-bearish engulfing, closing at the low of the day.

If you are interested in this stock, you should wait to get back over that rejection bar from yesterday.

Google ($GOOG)

Google acts great. This is a name that I would be watching. Look at the bar that we formed yesterday - that is strength.

The strength in this name - one of the largest in world - shows that we are not in a bear market. There are large cap tech names that are showing strength and making new highs.

These are a few of the names I am watching. Note that they are all large cap tech. Even though it feels like the market has been heavy, these names are holding their own which is a great sign.

I cover more stocks I am interested in trading here: