Jun. 18 at 1:40 PM
Risk management watchlist - names I’m currently staying defensive on until structure resets:
$APP - weak price structure. Any bounce likely into overhead supply. Sub-300 remains downside magnet if momentum fades.
$MSFT - distribution still intact. Unless price sustainably reclaims upper range, broader move toward 343–277 zone stays in play.
$NOW - no interest until a full reset. Waiting for extreme washout below 70 before reconsidering entries.
$NVO - macro cycle still early/unclear. Optimal accumulation zone much lower in my view, 31–16 range if it ever gets there.
Capital stays patient, not forced.
Which popular stock would you currently avoid?
