Friday, October 26, 2018

Watchlist Update: October 29th, 2018

Brief comments and ideas of stocks that belong to my Watchlist. Today the SPX is, technically, in a 2-day slow recovery, but still below its key simple moving average 200, with many bearish signals. Let check some Nasdaq stocks:

Twitter TWTR, $32.36


Twitter TWTR: usually its uptrends are short but strong. Its daily chart confirmed MACD bull divergence today, when its EMA13 (black line) slope turn up. 


Advance Micro Devices AMD, $17.75


AMD in free fall since dissapointing earnings. Friday down 8% and testing
 the key support SMA200, for first time in six months. My swing trade if no rebounds: short.


Square SQ, $71.43


Square SQ testing short-term downtrend channel in its 10-min chart. Take care: today it has been made a huge 400k insider selling. In my radar for Monday.

VMWare VMW, $145.02


VMWare VMW testing its SMA200, and well oversold. Waiting next MACD bull crossover. If happens, is the sign for a long entry.

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