[Platinum Watchlist] (6.12.23) 6 stocks to watch!

Good morning.

We have a busy news week that will affect market conditions including inflation data and Fed rate hike decision. Continue to manage your existing positions setting limits to defend gains and reduce potential losses based on your risk tolerance.

WDC is trading above the cost basis. Support is at the 9-day SMA with resistance at 40.02.

SYF is finding support around the cost basis around 33.69 followed by the 9-day SMA. Resistance will be around 35.00.

RTX will find support at the 50-day SMA and resistance at 99.66.

EQT will have some resistance around the cost basis followed 40.17. Support will be the 200-day SMA.

TROW Had a full candle close above the 200-day SMA (which is now support) on Friday with all the oscillators in the green. There may be a back test of this support level. Resistance will be found at 116.94.

LMT is finding support at the 200-day SMA and resistance at the 50-day SMA.

AIG has found support at the 200-day SMA for the past three days. Resistance will be found at 58.19.

Markets will be sensitive to all the news and surrounding commentary from the financial media this week so risk management will be a top priority. Markets are volatile at the open making market orders very dangerous so read more about this on the Educational Blog Channel.

We appreciate your membership to the Platinum Channel. Have a great day!  This information is for educational purposes and not a recommendation to buy or sell a stock.