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.
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.
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..
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.
AMGN - slow and steady movement up, they keep getting major approvals. One for the long-term account. Currently 238, why not 260 by summer?
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+
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
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.
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.
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.
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..
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.
AMGN - slow and steady movement up, they keep getting major approvals. One for the long-term account. Currently 238, why not 260 by summer?
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+
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
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.
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Maverick's Moves
Created By: | Maverick |
Created: | Feb 8, 2021 |
Total Followers: | 13 |
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I trade SPY, QQQ, and specific story sectors using technical analysis and gut rubs.
I'll post my thoughts and market moves here.
Twitter: twitter.com/stonks_maverick
Substack: mavericksmoves.substack.com
I'll post my thoughts and market moves here.
Twitter: twitter.com/stonks_maverick
Substack: mavericksmoves.substack.com