03-01-05 Watchlist Analysis

TLT: Bonds found buyers supporting price above break even and now looking at $130 resistance.  Watching 65m trend to support price through a reversal

Opportunity:  Holding swing points along 65m trend



AMAT: Price trying to go positive on the year.  Staying above $25 would help break through highs

Opportunity:  New highs coming out of base, holding above break even.  65m trend for now



FB: Working on getting through $80 right now using a 65m trend.  Very large weekly base behind this

Opportunity:  Holding price positive on year with 65m trend

CELG: If price finds a higher low around here it could trigger new highs.  Round number $120 right below, watching 65m and 130m trend

Opportunity:  Finding swing low to use for intraday trend to start

AKAM:  Aggressive continuation back above $70

Opportunity:  Momentum above $70









So honestly not the best watch list this week, which is why I wouldn't mind entering no mans land for a quick reset on stock setups.  Guess we will see what happens.  Thanks for reading

03-01-15 Trade Plan - Link Here

-Michael

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