[Platinum Watchlist] 7 Stocks to watch

Good morning.

WDC closed above the cost basis of $39.00 and the 9-day SMA which is support at 39.33. Resistance is 41.83. There is still more upside potential to resistance but stops could be put in place to preserve gains. Portfolio is currently up $1.20 / share.

RTX price action did slide down giving us a better cost basis at 96.70 before closing up to 98.59. Support is at the 50 with resistance at 99.66. The gain as of closing is @1.89 / share.

ANDE closed up and gapped just below the resistance level of 43.88 where sell orders were waiting. we have a level of support at cost basis (42.22) and then at the 9-day SMA. Portfolio gain is $1.19 / share.

SYF closed up yesterday with all indicators in the green. Support can be seen at cost basis and then at 32.73. Resistance will be around 34.88. Portfolio is up 0.41 / share.

EQT came from the < 200 stock list. From closing price, there is a 1.31 potential upside to resistance at 40.09. Support is at the 200-day which is 1.73 below the closing price. I always try to improve my risk / reward ratio by setting buy limits lower than current price. All indicators are in the green.

CENX also came from the <200 list closing above the 200-day SMA which should provide price support. Resistance is at 9.61. The Stochastic is below the %D line.

EBAY still remains too close to the resistance level for entering a position in my estimate.

There is a lot to manage in the portfolio. Set appropriate stops to preserve gains and prevent excessive losses. Don’t get greedy, follow your trading plan and manage your risk.

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