Jun. 7 at 6:53 PM
Watchlist for week of 6/8.
MegaCaps:
$NFLX - Only name that was green on my list of 32 scanned names Friday, probably my favorite name coming into this week for upside. Showing strength in a 2 day down tape, could be the start of a larger move higher.
$MU - This name will be on watch for great volatility moves, resistance around
$980-
$1000, while major supports
$650S-
$670S. Should see some range gap % this week
$QQQ - Supports around
$690-
$694S , if things got ugly, lower supports around
$670 flat. Would think we'd see some buying appetite around those levels if we got lower.
Small Cap watches this week:
$NTCL - strictly found on momentum scan, volume and price have been very strong recently.
$STI - space name on an absolute massive run, traded extremely well all week and held into Thursday Friday. With SPACEX IPO coming, this could potentially keep running as the space theme has been on fire.