US Watchlist - March 25, 2023 (Patreon)
Content
US stocks I am monitoring for swing trade. Note I am waiting for decisive breakouts on these. e.g. Strong price movement and volume. The market is choppy, but these stocks have been relatively resilient. So I hope they won't be stopped out easily.
Stryker Corp - Medical Devices
Despite the market weakness, this stock is trading near its all time high (ATH)
STM - Semiconductor
This one too. It is not clear where exactly is the breakout level. So need to monitor the volume as well as price.
Motorola - Communications Equipment
Another one near all time high.
Monster Beverage - Consumer staples
Workday Inc - Application Software
The next two charts are very different from the previous ones: this is rebounding from the bottom. We are seeing more of these beaten down growth stocks showing signs of recovery (e.g. META, SNAP, SPOT).
Sea - Online Marketplace
Another tech stock that did well in 2020-21 but then collapsed in 2022. This is showing a nice rounding bottom. Again, not in Stage 2, but I would monitor its development in the coming weeks.
#SYK #SE #WDAY #MSI #MNST #STM
Disclaimer: The content of this post is solely for entertainment and not investment advice. Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions