 Hello, it's going on people. My name is Mark and I am back with a another daily update Look at the watch list yesterday. You can see that yesterday was a super Red day especially for technology stocks that sort of thing so you can see Google with its earnings report dropping in 5% So it was a bit crazy yesterday, which is why you can see I've got zero I completely stopped out yesterday Cut all my losses. It's kind of eroded all of the profit for the week. So the week I'm only up 90 pound Which is less than ideal But if we hadn't have stopped out then we would have seen some Some much worse losses, but I'm gonna go over the stocks. I'm looking at for the coming week ones I feel are near their bottom Why I think that they're a good a Good buy or potentially a good buy coming up soon. We're waiting for that sort of thing if you find it helpful then so be it if not then That's perfectly fine as well. You know each to their own So let's go ahead and look at my Watch list for the week. So these are the stocks. I've got my eyes on over the over the next week or so So we've got Amazon Alibaba adobe Yahoo Intel Nvidia and Apple all of these at the moment the stock market is not open for another couple of hours But all of these at the moment on the pre-market are still Down for today. So that's the thing, but we'll go ahead and we'll have a look and See why I like look at each of these, right? So let's go ahead and do that. So I think we'll be okay without launching the pro charts here. So as Always I use the SMA the EMA the RSI and the MACD if you're not familiar with any of those there's a link in the description and it goes into detail about Goes into detail about why I use them what they're what they're useful for and and all that sort of thing So yeah, so let's go ahead and see why I like Amazon first of all so As you're probably familiar if you know Amazon huge upturned, right? So you can see that it's constantly making higher highs and higher lows Which is one of the best patterns for kind of consistently Making money right or consistently growing, okay? And then if we have a look here, so you can see that over the past couple of days So from kind of you have about the past four days You can see that it's pulled back from this level here is one one one five five four Pulled back right down to around where we sit in a minute. It's about one four five nine I think it's slightly less than that Right, but the reason I'm interested now is if you look previously Yeah, when it pulls back to this SMA line It's a proof. I mean it doesn't always do it's only been recently, right? So you can see here it's been trending above the SMA quite well But over kind of around mid-February it pulled back towards the SMA You can see it's just above it here and it's bounced off and then more recently We've kind of seen some consolidation around the SMA here again around Consolidation around the SMA and pulled up and then we're back at this this SMA level here of one four four six so I would expect it To to potentially bounce off this SMA Maybe pull slightly below again like it did before before we see At the curb up potentially to new highs although it didn't break it this time around Wouldn't buy in now what we're waiting for is a break about the EMA because if you look right You can see the EMA is curling down and the general rule of thumb if you draw an arrow on the EMA that is the direction of Where the stock is going to go generally right? I mean there's nothing stopping it from coming up, but You know just to to play it safe You see the MACD's curving in for a sale that our size pointing down still So we'll wait for we'll wait for three things right wait for a break above the EMA and for the EMA to start Pointing up here right so we're looking for a break above one four nine four Wait for the RSI to start to turn up and for the MACD to curve in for a buy Those are the three things right and so we're probably look to buy in around slightly above so maybe 1502 And then potentially sell around this this one five five six level But obviously keep our eyes out for any kind of consolation around that so that is Amazon. Let's go on to the next one Which is Ali Baba right so Ali Baba has been one of my Biggest losers this week right and I was super confident with it However, I have kind of identified and learn potentially where I went wrong. So if you look at this the trend for Ali Baba you can see that it's Had this nice horizontal pattern right so if you look here especially since since the Beginning of 2018 right DC is nice up push push up to 204 Drop back down to the support 168 and then a push up pull back push up pull back right So kind of trading within this 200 to 170 Level right and so I bought in here at the break above the EMA. Yeah And I saw some some profits wait for the pullback and then I saw this buy and I bought in again If we look at the pattern though, right? So you can see that so it pushes up and then it pushes on to higher highs pulls back once it pulls back it pushes up has a Has a bit of a drastic pullback and then goes on to higher highs, right? So if we look here look what's happened. So it's pulled back. It's pushed up It's pulled back down and providing it doesn't break this low here Now I think we're gonna see this push up to 200 okay, does that does that make sense? I hope that makes sense as to why that's happening, right? Because you can see push up higher higher pull back drastic pull back Small push up pull back Big push up if that makes sense. I think I definitely word that better But I hope I'm getting the point across as to why I'm seeing that so Pre-market is pulled right back to it's a 172 so whereas that it's around this level here So it's around here at the minute on the pre-market, which is okay So we don't want it to push below this 168. So once the EMA again same of Amazon once it breaks above this EMA 176 Right RSI starts turning up and the MACD comes in for a sell That's when we're gonna be be looking to to buy in with this and it might be a little while Okay, so it might be you might be waiting for maybe two or three days But yeah, so that's Alibaba the pattern that I see on Alibaba again general uptrend over time The only thing is SMA does if you draw an hour on the SMA is slightly curling down So we'll just just kind of play it tentatively and take it from there Adobe so Let's have a look at Adobe. I really like Adobe Against very similar to Amazon right so super strong and you can see this gets some really nice Pushes off of the SMA so you can see here has a really nice push off the SMA here nice push off the SMA Here it's pulled back and it's kind of distanced from it a bit, but we could potentially see Sit pullback again if we look at the the general trend to pull back to around this level You can see it's quite deep into a cell at the minute. It's very close to being oversold on the RSI Pre-market is unchanged as I'm making this so Again very similar. I'll probably look to buy in around this 224 level once the EMA curls up And sell around probably slightly less around 229 230 Just because over the past couple of weeks Well over the past month or so towards the end of March It's kind of not consolidated, but it's been bouncing around this 230 level So I wouldn't want to hold on for it to potentially break new highs. Can it break new highs? Definitely But let's just play it safe there Let's go and have a look at the next one And I don't know if you're you might be noticing a general trend, right? So that the things that I'm looking for in stocks that I'm interested in so do I think that they are they're near their bounce point? Yes Are they uptrending or have an ascending pattern? Yes, right? And then we're just waiting for the break above the EMA, the Mach-Dita curve in and the RSI to turn up And obviously looking at the resistance levels, right? Because it's no good if the RSI has turned up, but it's you're gonna buy on it It doesn't make any sense. So Yeah, so that's that's the general general theme Yahoo here, right? So Not sure how I feel about yahoo, but I just keep my eyes on it Again similar pattern to Alibaba this horizontal pattern small push up followed by a bigger push small push up followed by a bigger push small push up Hopefully followed by a bigger push, right? Hope that hope that makes sense and you can see that's been pretty consistent over the last Four months to that pattern. Yeah, so and and doesn't mean that it's gonna do it again again Definitely not it doesn't guarantee it. Is it likely maybe right? So Again, we'll just keep our eyes on this. This is unchanged as well in pre-market See the RSI is pointing down. Mach-D is pointing down again Wait for it to curve up. I feel like I'm repeating myself But I just want you guys to know that it's better to be patient Right, which is what I've definitely learned. I've learned so much over the past six weeks and I feel like it I'm getting a lot more consistent Wait for the confirmation, right? So we can take a guess here and buy in and think that maybe it's gonna turn up But there's nothing that's gonna stop it from pulling. I mean it could pull the way back down to you like there's no guarantees But waiting for the confirmation something that's trending up Is the way to go? Right so again with this look to buy in around 7045 providing that it it ticks all the boxes with the EMA the MacD or the RSI and Then I would look to sell around this this 77 level potentially Yeah, that's you are who Next one Intel this is a really I really like Intel. This is a really really nice start. I've not actually Bought into it yet, but again very strong uptrend, right? So constantly higher highs high lows high highs high lows, right? can see a lot of Uncertainty around this area But you can see it broke above the EMA briefly yesterday Have the the only concern I have right is it had a massive push up Yes, I think it pushed up around 5% and you can see on this candle here. There was a huge sell-off Right, so it couldn't validate that price at all and then it's pushed out and it's pulled below the EMA So pre-market, it's it's green as it stands at the minute But I really want to make sure we get that confirmation above This EMA here 51 82 And then potentially look to sell around 53 53 or yeah, or 54 maybe So I have to work out what the margin profit isn't to see if that's worth the risk But you can see that the RSI is what's this Mac D up to is it curving in Slightly, we just have to keep an eye on it. This one's a little bit That's why I haven't bought in yet just because of this crazy period that has had look look at these huge sell-offs Where it doesn't validate the price. So that's why I'm On the fence about but I just want to keep my eyes on it, which is why I've got it must off for the week But you can see right has this push-up and then a huge set of push-up huge sell-off Shut and then this big sell-off again. So I Don't know if that's actually something that I'm particularly interested in that. I'm looking at it just because of those dramatic sell-offs But we'll see we'll keep our eyes on it and we'll work it out In video, I believe it's got its earnings report coming out in the next couple of weeks So I have to keep eyes on that But you can see it's got the support level around 217 and it's just floating without a minute. I think pre-market's 219 So We will have to see again nice horizontal pattern general uptrend for Decent amount of time now right you see ascending pattern and Yeah, so as always Soon to sell with a Mac D RSI to point down wait for it to all curve in But around this 227 providing, you know, that that's where the EMA break is and then look to sell Around this 230 level 233 Yeah That's that but I do like in video I mean I think that the earnings report is gonna go well although holding over earnings can be a bit of a bit of a tricky one because The Google's earning report beat its predictions and because of other uncertainties like the Accounting changes and the US dollar strengthen in which makes the profits that the bolster them, but it's almost artificial It dropped 5% even there be expectations just because of factors like that. So always something to be aware of And Apple this is a big one. This is probably one of my favorite ones So Apple you can see is around its for this resistance level at 164 So you see much is probably yeah, that was the most recent resistance, but you can see there's More support. So there's potential for it to push right down to this this level here It's 155 level Seeing support here previously right here here Here and obviously it's broken this 164 level So there's the potential that it could push right down to 155 in which case it will be a great buy because you've got a huge Margin margin for profit and then also be aware of previous supports being new resistances. So Yeah, again Same as always like a broken record But and obviously you've got a kind of player by situations. Look at the patterns recognize the patterns Does it hold above the EMA usually when it breaks above it? Yes. Yes, it does. Okay, cool So that's what we're gonna do. We're gonna wait for the break above the EMA Because solid air just below the SMA RSI oversold MacD massively in this cell Wait for that to curve in wait for that to curve up Yeah, so I mean that's that's my stock to the week. I hope that that was Mildly interesting at best or at worst and at best. I hope they was actually helpful as I say yesterday or Yeah, yesterday from these massive sell-offs that they saw Don't look at the general stock list Yeah, so yesterday these massive sell-offs was just butchered our profits for the week As I say, we're still up for the week, but it's only only 90 dollars, which isn't isn't ideal But green is green and hopefully we'll be out of this kind of crazy turbulent Everything it's like minus 2% at least Pretty crazy, but yeah, thanks for watching guys and If you enjoyed the video make sure you like subscribe Comment let me know what you think if you disagree if you agree what stocks you're gonna be watching Maybe give me some pointers and I'll definitely check them out as well Thanks for watching and I'll catch you guys some other time