[Platinum Watchlist] 5 Stocks on our list!

Good morning.  

APD closed up 2.75% on Friday, continuing its 6-day positive price action trend. All oscillators are positive, and we could find resistance at the 50-day SMA at 299.89.   

SKX closed down 0.15%. Price action is finding intermediate resistance at around 46.08, where a trader may set a limit to book current gains. We have a flat MACD and a SS with a slight rollover.  

ALGT continues its slow uptrend utilizing the 9-day SMA as support. The MACD is still flat trailing just under the signal line. There may be some resistance around 107.53 with continued support at the 9.  

AMD had a full candle close above the signal line on Friday. The signal, line is still above the MACD, however the other oscillators are positive. We may see some resistance at 83.67 before reaching the next level of resistance at 85.25. The 20-day EMA should provide some support on the downside.  

BRKB gapped up above 3 moving averages on Friday finding support at the 50-day SMA. All of the oscillators are positive. Next resistance level will be between 313 & 314.  

Powell will be speaking to congress this week so always utilize stops to protect gains and reduce potential loss. Use moving averages as levels of support and resistance when determining potential entry and exit points and above all be patient.

 Let the market work for you.  Have a great day!  This information is for educational purposes only and is not a recommendation to buy or sell a security.