 What is going on everybody Astos here welcome back to another video so in this video We're gonna be talking about the top 10 stocks that I'm personally watching and looking to trade here in the third week of April in 2019 we're also going to be talking about some stocks that you guys actually called out either in the comment section on Friday's video or in our call-out section in our Discord group chat so before we do get into all these different stocks for everybody Out there that finds value in these videos all I ask you to do is to go down below and hit that like button and really Support to me and supports the channel in general and if you're actually new to the channel I have two links down below in the description box for you one of them being the Discord group chat and the other one being the Facebook group both of these communities are 100% free of charge and I guarantee you guys you'll find a ton of valuable information in there And you'll be able to interact with a ton of knowledgeable and helpful people in those two Communities so again 100% free of charge. They are linked down below in the description box and without further ado Let's talk about these 10 stocks and really a little gist of what the overall Market did yesterday and if you guys want to see a more in-depth market update go check out Friday's video I broke things down a bit more in-depth there, but just to quickly run through the S&P 500 very quickly the SPX The 500 largest publicly traded US companies. We pretty much Gapped up here. We pushed to a higher high from this little Consolidation phase this little consolidation You know a couple of days that we were seeing here over the past week really and then on Friday We saw that big pop-up, right? So what I'm waiting for and what I'm watching for this week is to see whether or not we're going to really pop up and test The 2915 level because that is the next resistance that we are really facing here in terms of the SPX Which was a support from back in September of 2018 and why I'm watching that level and instead of this 2905 level is because as of Friday's close It seems like we are trending and trading above this 2905 level since we did close above that level and it seems like we're holding that level as a new support So pretty much now guys for this week I'm going to be watching this little horizontal channel whether or not we're going to be trading between 2905 to 2905 are we going to maybe sell off and break this level of support and then head back to the 2890 level which is the next support are we going to pop up again and maybe test 2905 and then break out of that level of resistance to then test all-time highs These are some things that I'm watching for for this upcoming week and be mindful We're about 33 points away right now from the all-time highs This is literally a day or two of green and the markets will be at those all-time highs again that we were at in the beginning of October of 2018 so be mindful of that when you're planning your swing trades another thing I want to mention here guys is that we are in earning season earning season a lot of the big name companies are Reporting their numbers here over the next couple of weeks So keep that in mind as well when you're taking your positions when you're day trading when you're you know taking swing trades Be mindful of the companies you're putting in money to trade to swing trade Understand when they're reporting earnings because this is super super important because it can really honestly Fluctuate the price of that stock up 10 percent down 10 percent depending on you know Whether the earnings were good and whether the market perceived those earnings as good So keep keep all these different things in your minds guys and let's talk about now Let's just hop right into it the 10 stocks that I'm personally watching for this third week I haven't linked or really written rather all here. So first on the list is Apple guys ticker symbol a APL and Apple is actually a stock that we were watching really for these past couple of weeks I've been talking about it and pretty much every single weekly 10 stocks I'm watching video because it honestly hasn't been disappointing literally every single week It seems like Apple has been higher than the previous week in terms of its price and this past week We actually saw a bit of a rejection on Apple stock at around this 200 to 201 level of resistance and we saw a retest at the old support roughly at about 196 to 197 you know this past Friday We saw a bit of a sell-off all the way down to about 196 where we were actually able to Confirm the bounce on that old support and we reversed very aggressively and I actually took a position in Apple Right around here this past Friday roughly in the 197 dollar level and I'm planning on swing trading these Shares so why I see potential and Apple guys is because we're maintaining the 50 simple moving average support right now Heading into this week. We're maintaining that old support or the support rather at around 197 And I want to see really a continuation of the push to the upside and and for it to test $200 before putting more money into Apple and if we were to test that $200 level which is the resistance right now about a couple of points away from where we are now and we were to break That level this could be a good breakout pattern for the continuation of the uptrend and we could potentially be testing You know 207 208 210 and at that point I'd be up a pretty solid amount on my position on Apple So I'm watching it this week guys And an ideal move would be a break out of 200 and for it to head up to 205 210 Which would be roughly my goal sell price on Apple so the second one is actually one that one of our members in the chat are on the in the comment section ended up calling out ticker symbol BX Blackstone Group LP so overall what I'm seeing here in terms of BX Let me just pull out my drawing tools very quickly so we can draw some support and resistance levels But right off the bat. I'm noticing a very nice thing right here. We're seeing a reversal of the overall price You know of this stock, right? We're not down trending anymore making lower lows lower highs being rejected by these simple moving averages We're now treating these simple moving averages as support levels. We're trending above them We're making higher highs and higher lows, and we're really reversing in Price and one thing I want to point out to you guys I'm sure a lot of you already know this but you can use moving averages to identify Trends right when you see a 50 simple moving average cross below a 180-day simple moving average this green one here is the 50 SMA this yellow one is the 180 SMA That's pretty much a bearish move right when you see the 50 cross below you can expect more red more potential bearish, you know sentiment You know moves in that stock when this happens does it always happen? No, but really when it does happen You should keep your eyes open to the possibility of it happening, right? And when we see the 50 SMA crossing above the 180 SMA, that's a very bullish move You can potentially expect more green so we can see really in practice here This happened perfectly with BX, you know, we cross down here more bearish Movements since that cross and now we're popping up this bullish cross and we've been seeing more green movements from there So if we draw out a really a critical resistance right here on BX You know, we're at a very critical level right now the $35 level We've been rejected there back in the beginning of November back towards the beginning of December back in You know towards the middle to the end of March this previous month and now we're seeing some Resistance at that same exact level now this past Friday So really the breakout move here on BX is going to be if it breaks out of this $35 level the next spot it could potentially be going to is around $36.67 which would give it roughly Let's see off the top my head. I would say about a three four percent margin Yeah, roughly about a three percent margin up to the next resistance if we successfully break out of this $35 level, which is what I'm honestly going to be looking For in BX and what I would recommend for you guys to keep an eye on and again I am not a financial advisor. This is strictly, you know, my personal opinion I'm giving you guys my perspective my outlook on these stocks Don't just buy them based off of my opinion. You have to do your own research You have to do your own technical breakdowns on these so you can understand, you know The patterns the movement for yourselves, but this one's looking pretty good Especially if we break that level and then head to 36 if we break 36 the next spot is probably going to be around 37 75 238 dollars so BX is looking pretty good AMD and NVIDIA are the next two. I'm going to be talking about here and these are both um Really stocks that I've been talking about over the previous couple of videos. I made a the three swing trades I'm watching or I'm trading in April rather These were both in those videos and I figured since the patterns are still intact since I'm still actually in these positions Myself in these stocks myself, you know, I want to talk about them in this video as well So AMD advanced micro devices the honest You know the overview of this one is we pulled back from thirty dollars down to about $27 and from there We've been maintaining this 50 simple moving average as a support over the past couple of trading days And we can see that right here right after the pullback We've been maintaining it and that's a very good sign that the stock wants to continue This uptrend pattern at a higher or low from the previous and it quite frankly Excuse me wants to continue this truck upwards to the previous resistance, which at this point is around thirty dollars But before we do get to that thirty dollar level We have to break 28 and maintain that level which was an old resistance here at twenty eight dollars as a new Support and this is what I've been saying in the past couple of videos I said this in the in the discord chat as well AMD needs to break twenty eight maintain that level before I honestly add more money into it I'm already in AMD roughly at about 2750 that range I got in a couple of days ago, and I've just been patiently holding the shares So I want to see a break to the upside here my target sell right now is at about twenty nine dollars twenty nine dollars and fifty cents And if we break 30, I'm going to re-evaluate the position Maybe add some more or really, you know build a new position at that point you know for a trade on AMD because if we look back here to previous price history and Previous price history obviously doesn't always You know tell us that the stocks going to go there again But it just allows us to make resistance levels support levels so we can really set Barriers to see where we could be potentially headed You know if the stock does end up continuing to push up right and if we do get back to thirty four dollars I think that's roughly a fifteen percent move from where we are right now Which if you were to buy now and hold till thirty four dollars right that would be a pretty pretty solid swing trade But again price previous price action does not always indicate where the future is going to be for a stock Just remember that guys so AMD looking pretty solid to keep an eye on it for this week in video Very similar pattern for Nvidia right we've seen a bit of a pullback recently But we're still maintaining the fifty simple moving average as well as this one eighty eight support You know at the close of the market on Friday So what I'm honestly going to be waiting for this week are we going to maintain these levels quite frankly what right? Are we going to maintain ultimately above this one eighty five level ideally? I would like to see it maintain above the one eighty eight level and above the fifty SMA These are some things I'm going to be watching and if we just go back a bit closer here on Nvidia stock Let's say the twenty day one hour. We're noticing a quite a bit of a strong resistance here Around the one ninety one to one ninety two level on the stock I want to see a break out of that level for it to head into the mid one nineties before I add Potentially more money into Nvidia and my goal sell price is roughly around One ninety seven one ninety eight right now on Nvidia That's where I do have my limit sell as of now and again if we do end up breaking that level maybe 194 that's where I want to add more money into Nvidia so really I'm looking for it to trade in between this horizontal pattern and eventually get back up to this next Resistance or the really the second resistance after we break one ninety three if we break one ninety three at 203 Dollars so that's what I'm looking for in terms of Nvidia the next two are also ones that you guys ended up shouting out CRM I actually did take a look at this one a bit before recording this video and noticed a wedge pattern on CRM And let me just explain to you a couple of different scenarios that can happen here on CRM which would really determine what we're going to do whether we're going to trade the stock or just not touch it What so ever right? So you're noticing it's making higher lows as well as lower highs at the same exact time right? Putting it in this wedge pattern. So either one of two things is going to happen this week guys We're either going to break the resistance of this wedge Which is going to be a breakout bullish pattern with the next resistance spot being at around. Let's say 163 dollars which would be right here or we're going to sell off retest the support of this wedge And if we break that right to the downside here, that's going to be a huge bearish pattern So that's really all I have to say on CRM Just keep an eye on the price action if we pop out that's going to be bullish right if we get rejected Start the head down retest the moving average as that supports We break those supports and we test the wedge support and we break that that's going to be a very big bearish pattern on CRM so Ford ticker symbol F This is a call-out that was made on my previous video and just to put this out there guys Ford Actually has an insane Dividend on it. I haven't checked in a couple of weeks But I think at its low right here the dividend was like eight percent seven point five eight percent or something like that So since the stock has been pushing up, I would imagine the dividends roughly six percent right now Maybe six and a half percent. Nonetheless, that's an insane insane Dividend so if you guys are into Dividend stocks, you know income producing investments You might as well take a look at Ford because in terms of a yield It's doing very well. But remember when you're investing in dividend stocks, you're not only looking at the yield, right? There's a lot of different components that you need to look into one of them being the payout ratio in terms of Looking at dividend stocks, right? So I don't want to I don't want to go too in deep Too into depth on that but again, just do your own research on dividend stocks But I just wanted to mention that this one is a six to seven percent You know payer right now so in terms of the technicals here on Ford stock It's actually looking pretty good, right on the 184 hour chart It seems like we are Reversing on Ford stock right now if we go to a bit of a longer look on the one year chart We notice the stock has been getting hammered right 12 dollars down to seven dollars and 41 cents at its low It lost pretty much almost half of its value a little bit less than half of its value But pretty much a lot a lot of value in the company was lost, right? But we're seeing now instead of these moving averages acting as resistances now we're acting They're acting rather as support levels, right? We're not getting rejected. We found a bottom We've been making higher lows slowly Reversing out of this mess that we've been in in terms of Ford stock and keep an eye on this on this 50 SMA guys This is looking like it's about to do a bullish cross above the 180 SMA We're already seeing the candlesticks here the price of Ford breaking out of these resistance levels This could mean more green coming up for Ford stock So this is looking pretty good on a long-term Reversal basis here and if we just hop back into the 180 we can draw out some resistance levels very quickly to keep an eye on for this stock so we can see We clearly broke out of that nine level no problem right now We're actually at a you know a shorter term resistance from back in the beginning of November 2018 at about nine dollars and sixty five cents So I say if we break the nine fifty nine sixty level of resistance We could be headed back to ten dollars per share on Ford in terms of a technical basis So thank you for this call out. This one's looking pretty solid But in terms of some shorter term action here, you know, it does seem a bit overextended We haven't had a significant pullback in Ford really in the past three weeks at this point They are a size a bit overbought so if we were to pull back here Maybe retest the 50 SMA as a support maybe at about nine dollars and 15 cents Maybe nine ten this could be a level where I'd potentially hop into Ford as a swing play But keep in mind earnings are coming up and let's see Maybe you can hop in on a dividend play, but I don't know when the X dividend date is it might be um It might be over or maybe it's this one right here for 23 I just have to double-check that so just keep an eye on Ford ticker symbol F Looking pretty good right now and let's get into Disney guys Disney has been the talk of I guess you can say the stock market community especially here on YouTube over the past couple of Days and why why this happened go check out my previous video But the gist of it is Disney really talked more and gave more details on their new streaming service coming here I believe in the fall of 2019 and that's stock the stock this news that caused the stock to surge Nearly 12% all the way up to a hundred and thirty dollars So you may be asking yourself stocks Are you going to buy at 130 on plans of swing trading it up to a higher price? No, this is something that I am not going to do but I'm calling this one out And I'm talking about this one in this video because there's a couple of different things that can happen here Right what I personally think is going to happen is we're going to see a little sell-off in Disney here over the next couple of days Right typically when a stock flies up like this on good news, you know It can hover around that price for a couple of days But typically you know some investors some short-term traders Especially some short-term money in the stock it tends to start to funnel out right people are taking their profits Excuse me causing the stock to fall down a bit Right maybe into the one twenty four not one twenty four maybe one twenty seven one twenty eight Maybe if it starts to sell off a bit more that is where I'd I'd potentially take a position, right? This is where I would be like, okay, we're selling off I want to see a support a new support start to form a new bottom Right before I do end up getting into Disney right so you can you know wait for the pullback Potentially right maybe get in on a pullback for a swing trade you could potentially You know play let's say a put option short term put option on Disney you can short the stock short term if you think it's going to you know go down But just realize this can go either way right, which is why I'm strictly mostly going to be watching it this week I'm not saying I'm going to buy on Monday 100% But I want to see are we going to pull back or we're going to continue to truck up on this good news that we got You know, this is something that really I'm just watching and I'm very excited to see but just keep an eye You know on this RSI level as well It's very very overbought touching nearly the 90 level right now, which is absolutely absurd right in terms of the RSI So just keep an eye guys. Are we going to sell off here? Are we going to pop back up? Are we going to consolidate a little bit and then maybe start to sell off a little bit? You know these are some things I'm watching this upcoming week in terms of Disney so AKS and Rio let's talk about these two very quickly so AKS, you know AK steel a lot of the steel companies out there I've been getting slaughtered right, you know AKS, you know X these have not been doing so good Right, this is United States steel. This is gone from $38 to $16. You know AKS for going back You know it's gone from five to you know two dollars and fifty cents. You know these are Really on a technical basis not stocks that I'm interested in trading right? We're downtrending lower lows lower highs You know the bearish cross we're about to see or we really already saw another bearish cross here over the past couple of weeks You know, this is something that I'm not really looking You know to trade complete to be completely honest with you But let me just you know draw out some resistance and support levels so we can see maybe if these levels Um, you know get broken maybe if we start to hold above these levels We could be maybe reversing back to the upside, right? So we're seeing we're actually out of support right now at about two dollars and fifty cents on AKS Roughly from the previous support from around the end of January in 2019 So let's say hypothetically we break this level. I personally think on a technical basis here We're going to be headed to another lower low on AKS, which honestly it seems like it's already breaking that level It seems like a falling knife right now We're seeing the EMA cross below the 50s in May, which is also a bearish You know move there. These are things that are slowly scaring me away from AKS, but nonetheless guys Who knows what can happen? We can get a big pop here We can break out of these levels and if we break out of three dollars, you know That's gonna be a resistance where if we break out, you know That could be a bullish reversal to the upside but as of now what these technicals are telling me There's more ready to come on AKS. So Rio. Let's talk about this one very quickly ticker symbol R. I. Oh This is one another one that got shouted out in the discord group chat. I believe and in terms of Rio right now We're noticing it's really at a high here. It's at 63 dollars and 46 cents. Not too sure if this is an all-time high Let's see it looks looking like it is an all-time high actually. Nope It's not an all-time high with the all-time high was back in 08 then we crashed horribly. Oh my goodness 139 down to 22 dollars. Wow if your wealth was tied up in this stock I feel real real sorry for you during that a big downwards push there But nonetheless, you know, we're seeing a bit of a reversal here on Rio over these past couple of years and let's just see, you know, some longer terms Resistance levels at 60 dollars. We can see alright. We're breaking out of those levels now The next one could be at around 76 dollars here 73 74 dollars, you know judging on this 20 year chart So this is actually not bad, you know If you're looking at these longer term charts here the fact that we're breaking out of this resistance at 60 dollars and we're slowly starting Excuse me push up to the mid 60s You know, this could be a good sign that we want to head back up to 70 dollars in terms of Rio Stock just be careful here on the shorter term You know basis it seems like Rio does want to pull back and retest this 50 SMA If it does end up pulling back retesting the 50 SMA maybe back down to the old resistance at about You know 60 dollars if it tests that and holds it as a new support That could be a good entry point on Rio ticker symbol RIO and that's what I'm watching for this upcoming week So the last one I want to talk about here is Facebook stock guy So Facebook right now is at a resistance at about a hundred and eighty dollars And we've been talking about Facebook and it trading between the 170 to 180 level here over the past couple of weeks And it finally seems like it wants to break out of that 180 level guys. We're so so so close We're almost there all we need to see is a break above 180 and for it to pull back Maintain it as a new support and then for it to slowly reverse from there to test the next resistance Which is at about a hundred and eighty five dollars. So for this week, that's all I'm watching guys, right? I want to see are we gonna push to 180 are we gonna start to fill the second gap up to 185 that is where I think we can capitalize on Facebook stock But remember earnings are coming up which can fluctuate it heavily to the upside to the downside Just like all these different stocks we're talking about and a bunch of ones that you're probably already invested in already trading earnings is coming up so be mindful of that so That's pretty much it for today's video guys Those are the 10 stocks that I'm watching for week three of April in 2019 if you enjoyed the video feel free to go down below and hit that like button it really supports me and Supports the channel in general and if you're new to the channel guys feel free to subscribe again hit that notification bell My name is Stas. I make videos, you know pretty much daily really throughout the week daily Sometimes on Saturdays and every single Sunday. I have a video on trading You know market updates trading updates personal finance the stock market stock news stuff like that So if you are interested feel free to just hit that subscribe button and get into the community hit that Rather leave a comment down below. Let me know what you guys think about these any other stocks. You're watching I would love to know I'll catch you all in the next video. Enjoy the rest of your weekend. Good luck trading this week Peace out