UnclePennybagss

Watchlist 2023-04-18 $SPY $SCHW $AMRX $UBER $AMZN

Long
NASDAQ:AMZN   Amazon.com
SPY - No major news or economic events today. Continuing to grind higher to the 418.50 pivot where we should see a reaction.

For further confirmation of a trend day, watch for:
ADD pinned near +\-2000
VOLD ratio over +/- 3
TICK cumulating past 0 wicking to +/-900


SCHW - posted a rev beat yesterday. Had some minor price target adjusts down. But most are still in the high 0s for a price target. RVOL Pd was 2. Knocking on the door od 53 but prices look ready to break through the down trend after the earnings fakeout below 48 PD. IF we can get above and stay about 53 for 2 min at the open, looking for a quick opening drive. Else, will need to stay above this level for more than 10 min intraday for a swing.

UBER - no news but breaking out of a tight range and a hammer bar PD.

NYSE:AMRX - up nearly 9% after saying it expects Q1 revenue of 550 million to 560 million, representing about a 12% increase from a year ago. Looking for continuation after a squential pullball to key support around 1.60.

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