Wall Street Nole’s Day-Trading Weekly Top 5 Watch-List

 

top5

 

This list is made up of high probable stock setups from the previous week’s price movement. These tickers tend to match my criteria of volume, high range,and historical price movement with suitable risk vs reward setups. These stocks also have a lower market correlation and act inversely at times from the broader trend.

 

 

These 5 stocks will be towards the top of my day trading radar this week.

 

Top 5
1 $AAPL – Plenty of troubling signs for this chart. Fortunately the Splash Zone members were warned over and over about the risks associated with this stock going into earnings. The bad thing now for $AAPL is that despite the broad market continuing the rally on Friday, Apple dropped all day hitting the lows in the last five minutes of trading. Ironically this puts the stock at almost exactly a 52 week low. See if it bounces at the open on Monday and take note of the opening level as I fell it may be of some significance. 
2

$CELG – All fundamentals, upgrades and earnings aside, this stock is ready for blastoff if it can hold $100. A techincal piece of beauty on the daily chart. Be ready for some action if it hits or fails the breakout point.
3

$RIG – All the atention was on Icahn, feuiding with Ackman but after the close on Friday but investors found out that Icahn was also the largest shareholder of Rig in a 13D filing. I’ll be watching this one specifically Monday to see if these actions have any effect on the stock at the open.
4

$VMW – As we say in the Splash Zone this stock is getting wild before earnigns release on Monday. Watch for the resulting price action after earnings as this stock is sure to be in play.
5

$LULU- This stock is in play as the CEO came on CNBC and defended guidance reports along with admitting mistakes on sales volume despite reporting “healthy growth.” $65 held like a champ as thsi stock is now back above the 200 EMA. With more volume this stock may have a c hance to get back to the mid $70’s. 

 

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