[Platinum Watchlist] (6.9.23) 5 stocks

Good morning.  

WCD price action remains above the 9-day SMA with all indicators in the green. Support is at the 9-day with resistance at 41.95. This position is currently up $1.10 / share from cost basis.  

RTX closed up yesterday continuing its price action path along the upper Bolinger band. Support is at the 50-day SMA with resistance at 99.66. The position is currently up $2.38 / share from cost basis.  

SYF closed just below cost basis. Support is at cost basis followed by 32.73. Resistance is at 35. The Stochastic shows a slight rollover. The position is currently down 0.02 / share from cost basis.  

CENX traded down and closed slightly below the 50-day SMA. There is a rising 9-day SMA that just crossed over the 20-day EMA. Normally there would be a sell limit at the 50, however with a stock trading below $10 / share there is the ability to take a more risk tolerant wat and see mentality with CENX. Support is at the 9 with some resistance at 8.90. The position is currently down 0.11 / share from cost basis.   

EQT closed above cost basis at the upper level of the Bolinger Band. All the indicators are in the green with up-trending 9 and 20 day moving averages. Support is at the 200-day SMA with resistance at 39.97.  

As it is Friday, I’m not looking to add any positions to the paper trade portfolio. Instead, we will manage the current portfolio with stops to protect the gains and reduce the potential for runaway loses.   

Have a great weekend.  

This information is for educational purposes and is not a recommendation to buy or sell a security.