Maverick 01:32 AM - Mar 28 2022

Weekend Charts: March 27, 2022

AFRM, AMD, ABNB, DELL, AMGN, AKAM, DOCN, NET

AFRM - 20MA curling up on Daily chart; plenty of room to run on MACD/RSI.  This one was 180 not long ago.  I got caught on that nasty day it went from 80 to 50 and I want my money back. Currently 42.  I’ll take some at 45.

AFRM.png 445.47 KB


AMD - chart is beautiful, rsi/macd ok despite run.  It broke out of that channel it was in on Thursday.  If it holds 116.50 on Monday, I’ll probably get some.

AMD.png 444.19 KB


ABNB - I like this one for another 30 points up from there, but there’s risk of this BA.2 COVID variant inbound - which would punish this yet again. Careful..

ABNB.png 458.26 KB


DELL - looks great on technicals (except 30min - it’s overbought), 20MA, above 200, potentially a cybersecurity play ( https://www.dell.com/en-us/dt/services/managed-services/managed-workplace-services/managed-detection-response.htm ).  It could catch some wind up to 62 easy.
DELL.png 474.53 KB


AMGN - slow and steady movement up, they keep getting major approvals.  One for the long-term account.  Currently 238, why not 260 by summer?
AMGN.png 264.94 KB


AKAM - cyber security + cloud play.  they bought linode (VPS provider).  They’ve been around a long time, look at the 5 year chart and enjoy the view.  Long-term hold, but will have some short-term movement (just broke out of the 102-115 channel it’s been stuck in.  currently 118 and looks like smooth sailing up to 140+

AKAM.png 257.97 KB


DOCN - good company doing good things.  this needs to break 65 to get some tailwinds.  technicals are just waiting for a reason to go.  Currently 57.50

DOCN.png 228.47 KB


NET - this one is front and center on internet security plays and has the name recognition, but they need to start producing a profit.  I’m going to pass here in favor of AKAM.

NET.png 238.78 KB



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Maverick's Moves

Created By: Maverick
Created: Feb 8, 2021
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I trade SPY, QQQ, and specific story sectors using technical analysis and gut rubs.

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