In this Stock Market video, I will be showing you the Top Stocks To Watch This Week for Day Trading, Scalping, and Swing Trading.
What’s going on everybody welcome back to yet another video so in today’s video i’m gonna be showing you guys the top stocks to watch for this trading week if you guys could real quick make sure to click that like as well as clicking that subscribe and that bell icon it would mean the absolute world to me but without further ado let’s hop into the video so
Real quick just in case you guys didn’t see yesterday’s video in yesterday’s video i basically uploaded my overall analysis on the stock market so specifically the qqq and the spy so as soon as you guys are done watching this video make sure to watch that other video the link will be down in the description next week is going to be very very important for the
Stock market not only because we’re breaking a lot of key levels but also because there’s a lot of economic news that will be coming out next week and i go over that in that video so again make sure you guys watch it but let’s talk about the stocks that i’m going to be watching this week so the first stock i’m going to be watching this week is going to be amd
So as we can see amd got hit pretty hard today as well as nvidia which is also going to be on this list but anyways for amd i’m leaning more towards bearish going into next week i’m not too interested on amd unless it breaks above 133 which as you can see right now it’s all the way down at 111 so that’s going to be quite a hike for amd so right now the path of
Least resistance is going to be to the downside so ideally with amd what i will be looking for next week is going to be a break below 111.81 if amd breaks below 111.81 i will be looking for puts with a price target of 107.57 which is going to be your quarterly support on your person’s pivots if you guys don’t know how to use the person’s pivots i will be leaving
A link down in the description make sure to watch that video because they are very very important to use especially right now because there’s not a lot of support levels that we can use as price targets and the person’s pivots basically predetermine your support and resistance levels for you so again make sure you guys do watch that video however if amd does end
Up breaking below 107.57 i then have no support until 105.62 which is going to be your weekly support from the person’s pivots and then if it breaks below there i have no support until 100 which is going to be a psychological number which should act as support and then if it breaks below 100 i have no support until 99.35 which is going to be the low of this drop
Right here on amd so again i’m not bullish on amd until it’s above 133 ideally i would like to see the break below friday’s low for a continuation to the downside now the next stock i’m going to be watching going into next week is actually going to be boeing so boeing this week had a nice little run up in price while the overall market was selling off now i’ve
Talked about this boeing set up multiple times in the past but i want you guys to keep it on your radar especially now because it is getting very close to that breakout level so we’re looking at the weekly time frame on boeing we can see that it’s just basically been in this channel since all the way back here in march of 2021 and we’re now almost one year into
That consolidation so whenever boeing does decide to end up breaking out above that level that is more than likely going to be a huge breakout now when it does happen or if it does even happen the very first price target i’m going to be looking for is going to be taking it right back to that high at 278.57 so you know if boeing does end up breaking out in you
Know the coming weeks i will be looking for some leap calls looking to take it up to these levels again if we look down at the squeeze we got that weekly squeeze with the yellow momentum what’s more than likely gonna happen is yellow will turn light blue and then light blue will end up firing up again if you guys don’t know how to use the ttm squeeze i will be
Leaving a link down in the description for that make sure you guys watch that video as well but anyways like i said keep bowling on your radar especially if it does break out in the future now the next stop to watch this week is going to be gold now i talked about gold multiple times in the past however this was the week when gold finally broke out of this trend
Line right here and held outside so i’ve talked about gold many many times i made a whole video on how gold could outperform the overall market so if we go on over to the gold futures we can see we had a beautiful breakout today on the weekly time frame we have that weekly squeeze with the light blue momentum the on balance volume is up trending and we did get
That weekly stochastic buy signal now if we go to the monthly time frame we can see the same thing it’s basically just been sitting on this monthly 21 ema it’s squeezing with the yellow momentum and it broke out of that trend line yet again so now if we zoom out on the monthly time frame we can see that gold has been in this huge monthly cup and handle and it
Looks like it’s finally beginning to break out of that handle so if we break it down to the daily time frame now we can see how big this breakout actually was now again this happened right as the russian news came out that they were more than likely going to be invading the ukraine so we are in some swing trades right now on gld however if you were not able to
Hop into them today because you weren’t watching it even though i said to multiple times look for a possible pullback to the trend line because i guarantee you more than likely people will be looking for entries at this trend line which right now is around 172.26 however if you’re already in the gold swing the ideal price targets that i’m going to be aiming for is
Going to be 174.67 175.79 176 177.37 178.85 180 19 and then 180.92 so i did end up alerting my entry in the discord server if you guys are not in the discord server the link will be down in the description if you guys would like to get live alerts and live entries as well as exits feel free to join using the link down in the description but anyways keep a very
Close eye on gold i do think we could possibly see a continuation especially if the russian news does escalate but like i said i’m already in the swing and i will be looking for a continuation now the next stock i’m going to be watching going into this week is going to be microsoft so right away on the weekly time frame what i noticed on microsoft was this huge
Weekly head and shoulders so we get shoulder number one head shoulder number two and we might end up breaking down to the downside so microsoft was on my watch list last week for a break below this level at this 299.77 level as you can see that finally happened today however i did not participate because i just didn’t see a breakdown anyways if we’re looking at
Microsoft now going into next week what i would like to see is a break below friday’s low at 294.22 if it breaks below that low i have no support until 282.7 and then after that i have no support until 281.29 and then 278.75 which is going to be your monthly support on your person’s pivots and then at the same time if it does end up breaking below there you can
Look to take it to this low of this pullback at 276.05 also looking at the squeeze we do have that dark blue momentum below the moving averages with the red dot meaning this thing is more than likely going to fire down on the squeeze on bounce volume is coming down as well and there’s a stochastic sell signal right here so it does look like microsoft is going to
Try to come down even lower so again look for the break below 294.22 for a continuation to the downside now the next stock i’m gonna be watching this week is going to be in video so we’re looking at in video on the daily time frame we got this little bear flag right here and as you can see today it ended up breaking down now nvidia does report earnings next week
On 216 after hours so i will be looking to trade it going into earnings so for nvidia what i’m gonna be looking for is a break below 236.32 which we can see acted as support once twice and now three times so if it breaks below 236.32 i will be looking for puts with a price targeted to 30.43 to 228.42 which is again going to be your weekly person’s pivot support
And then if it ends up breaking below there i have no support until 216 which is going to be your weekly 55 ema again the weekly 55 ema is a very very important level and then if it breaks below there i have no support until 210.79 which is going to be your quarterly persons pivot support as well as the low of this pullback right here now again earnings might skew
This and nvidia ends up popping to the upside so if i were to be bullish on nvidia i would be looking for a break above 269.25 and looking to take it to 278.58 and then above there it could obviously go much higher for instance right here at 285.95 and then we could see a continuation to the upside from there however for me personally i would like to see a video
Crack below this 236.32 level for some puts going into next week now for the next stock i’m going to be watching it’s actually going to be mo and for mo i’m looking for a possible swing trade now i might end up purchasing in the money calls i am looking at the 50 calls expiring march 18th so we do have the orange dots on the ttm squeeze it is holding that daily
21 ema however right now it does look kind of weak like it might break down so with mo what i’m going to be waiting for is a break above the trend line now if it does break above the trend line that is where i’ll be looking for a continuation so once it breaks above the trend line that’s where i’ll look to enter first price target’s going to be 51.5 and then the
Second one is going to be 52.45 so very simple swing trade setup again just wait for the breakout because if the overall market continues to pull we’re probably gonna see mo go with it but i would like to participate in this squeeze right here if it is going to break out because then we can catch the orange dot heading into the red dot red dot into black and then
Black into green so again if that didn’t make sense to you about the ttm squeeze make sure to watch the video down in the description where i go in depth on how to use the squeeze in your trading but keep a very close eye on mo for some possible swings going into this week now one of the other stocks that i really really like is going to be chevron so if we’re
Looking at chevron we got a strong buy signal on the stochastic above the 80 line we have an on bounce volume increasing we’re also getting some oil news which is leading to all oil going up and then it does have the light blue momentum on the ttm squeeze so personally with chevron what i’m going to be looking for is a break above 139.82 139.82 is going to be your
Monthly person’s pivot resistance so if we head on over to this screen right here and i bring it on over for you guys and we break it down to a one hour time frame you can see that it’s pre-determining that there is going to be resistance at this 139.82 level and as we can see it’s also been denying this 127.2 on your fibonacci extensions so if chevron is able
To break above 139.82 from going back and doing a bunch of fibonacci extensions as well as using my person’s pivots i have a gap that chevron needs to fill all the way up to 142.3 so i will be looking for day trades and i will also be looking for swing trades on chevron so i’ll probably be watching the february 18th expiration because that’s going to be the third
Friday of the month and that’s where typically the most liquidity is in the options especially on something like chevron so i’m probably going to be watching those 140 calls for february 18th those are going to be the ones i’m going to be looking at day trade and then i’ll probably look at the march 18th expiration for the swing trades but either way there’s a three
Dollar four dollar gap that needs to be filled on chevron so i will be looking to participate in that gap fill plus they do have their dividend coming up so i can guarantee you there’s people that are buying chevron that want to get the dividend but overall like i said there is a gap that needs to be filled in the market they’re more than likely going to run that
Gap up in this area right here so make sure you do keep a very close eye on chevron i do think we will see a continuation this week now the next stock i’m going to be watching this week is going to be sq so personally with sq i want to see what happens when it comes down to this 99.5 level because as we can see it’s basically at that 100 psychological support level
So if it does end up breaking below 99.5 it’s going to be losing a key area of support so if sq ends up breaking below 99.5 we could possibly see it go lower to 94.37 which is going to be your monthly person’s pivot support 89.33 which is going to be your weekly persons pivot support 87.25 and then 83.54 which is going to be your quarterly person’s pivot support
Now on the flip side if i were to be bullish on sq i want to see a break above 119. if it breaks above 119 i will be looking to take it long with a price target of 130.73 but ideally with sq i would like to see a breakdown below this 99.5 level we could also look for a possible bounce at 100 again because that’s going to be a psychological support but watch both
Ways on sq ideally i would like to see it break down but we’re just going to have to wait and see what happens the next stock i’m going to be watching this week is going to be apple so looking at apple on the daily time frame there was an inverse head and shoulders that it looked like it was getting ready to break however as we saw today the overall market ended
Up pulling so with apple what i’m gonna be looking for going into this week is you know one maybe the market does rally and apple breaks above 177.18. if apple breaks above 177.18 i will be looking to go along with a price target of all-time highs at 182.94 however on the flip side if apple breaks below today’s low at 168.04 i’m gonna be looking to go short with
A price target of 166 because that’s going to be your weekly support as well as your quarterly support on both your person’s pivots now if apple breaks below there i have no support until 158.6 which is going to be your monthly person’s pivot support and as we see just looking at the chart there’s really no other support that we can possibly use at this point
Which is why persons pivots is so important and if apple does end up breaking below 158.7 this week which i doubt that’s actually gonna happen but we’ll see if it does end up breaking below 158.7 i have no support until 154.7 which is going to be the low of this pullback and then this weekly support right here at around 153.85 so ideally with apple i would like
To look for puts however if for some reason the market does rally look for a break above 177.18 for a possible continuation of all-time highs and then the final stock i’m going to be watching this week is going to be facebook so facebook was on the watch list last week to the downside and as you can see it ended up hitting price targets but with facebook what i’m
Going to be looking for again watching both ways just in case the market does rally if the market does rally and facebook breaks above 235 i’ll be looking to go along with the price target of 248 if it breaks above 248 there’s a huge gap that it needs to fill on the daily however other price targets are going to be 260 179 and then 268.73 then on the flip side
If facebook breaks below 216.15 i have no support until 207.14 and 202 which are going to be again persons pivot supports and if it breaks above there we have that whole psych number at 200 but that’s going to be the top stocks that i’m going to be watching for this week again if you guys have not make sure to watch the video i uploaded yesterday where i do my
Technical analysis on the overall market but if you guys could make sure to click that like as well as clicking that subscribe and that bell icon it would mean the absolute world to me comment down below your favorite stocks heading into this week as always i hope everybody’s able to make money and i’ll see you guys in the next video
Transcribed from video
TOP STOCKS TO WATCH THIS WEEK!!! By BrandonTrades
