9/22 Midweek Watch – Glorious Giveaway

by | Sep 22, 2021 | Midweek Watch | 0 comments

THE LEVELS:

$SONO – SONOS INC

MY LEVEL: 36.80

WHY: 126 Moving Average (6 Month MA). Previous low. Watching for a 37.50 breakout.

$AMAT – APPLIED MATERIALS, INC.

MY LEVEL: 135.55

WHY: Previous low, Monthly pivot, and the 50D. Dips bought right up off of the PL, MP, and 50D. Think there’s a ton of room for a 140 push.

$DAR – DARLING INGREDIENTS INC

MY LEVEL: 70.20

WHY: Whole number level, previous low, and 126 MA. If it opens premarket close to $70, the 200D is at $69.

$BGFV – BIG 5 SPORTING GOODS CORPORATION

MY LEVEL: 25.20

WHY: Previous low, closed above the previous highs, want to see it dip back into the previous low and close above the 20D.

$ZS – ZSCALER INC

MY LEVEL: 271.15

WHY: Previous Low, closed above the 20D. Looking for a break of 278.50 and think its heading up towards new highs.

$EA – ELECTRONIC ARTS INC.

MY LEVEL: 125.50

WHY: Monthly pivot, Annual Pivot, and previous day’s low. Doji candle. Today it closed green, came right off the annual and monthly pivot.

$GPRE – GREEN PLAINS INC

MY LEVEL: 33.50

WHY: Looking for a fade back into the Annual Pivot, 50-60% retrace and prior support.

$PTON – PELOTON INTERACTIVE INC

MY LEVEL: 100.00

WHY: $PTON was really heavy yesterday. Think any more pushes into the $99 area will be a nice fade.

$JWN – NORDSTROM, INC.

MY LEVEL: 27.86

WHY: Previous day’s low. 20D. Looking for a 28.70 clear, a lot of room up to 31.

$BYND – BEYOND MEAT INC

MY LEVEL: 112.00

WHY: Low from the last few days, want it to reclaim the 20D.

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