Free Scan: Stocks To Watch For May 30, 2023

by | May 29, 2023

Hope everyone had a fantastic long weekend.

Video Scan and Game Plan

Stocks to Watch

AI still think we are in market where we could see a wild parabolic/circuit style move like we saw back on LCID and CVNA a few times. I wouldn’t be surprised if this opens weak that it rips back r/g and can go $35-40-45 + or gap up and parabolic move potential as well. Be very cautious front side. Forget tryin to ‘nail’ the trade – trade it. Each time I tried to let a good entry work it didn’t pay off.

PLTR reactive trade same levels as Friday is goal. Gap up vs $14.20s if $14.20s firms forget it.

TIO higher better for unwind is ideal. Nice one on Friday.

Failed Follow Through:

ELEV $5.30 was key – ideally a reactive trade vs that level.

APLD higher better for back side.

GSIT same as APLD

Continuation:

QBTS solid idea from sub .7xs on swing. I am trying to be patient. I’ve been adding dips and selling rips around the core. Ideally starts to speed up $2 + gap $2.5-3 parabolic would be a dream but if it fails to follow through I won’t over stay. It’s okay to have an imagination but don’t start to believe it if the price action doesn’t agree.

VSTM watch for .85-.90 flushes to get soaked over the next few days. If it does I’ll be looking to buy dips.

NA liquidity trap watch

EEIQ liquidity trap watch

Staying Familiar:

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