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[Platinum Watchlist] (4.20.21) 3 Stocks we are keeping an eye on
[Platinum Watchlist] (4.20.21) 3 Stocks we are keeping an eye on
August 22, 2023
Good evening / morning.Lets look at the portfolio:
DE was moved up to the watchlist from the Horizons list.
A buy limit was set at the 20-day EMA which was triggered today at 392.41. DE closed at 393.53 which is our cost basis. Price is still above the 9- & 200-day SMA. The RSI is just below the 50 level. We will find support at the 20-day EMA and resistance at the 50-day SMA.
BRKB closed down 0.47% below the upper level of the Bollinger Band. The stochastic is now below the signal line. We are still $18.84 / share above the cost basis with a 1/4 position in the portfolio.
We are starting to see some weakness in the MACD and will place stop limits to defend our gains in this stock. This has been a good run-up, but it appears price action decline may be in the future.
AFL closed up 0.07% today with all the oscillators in the green. We will find support at the 50-day SMA with resistance at around 67.83. Stop limits will be set above cost basis to defend our gains. Have a great evening!
This information is being provided for educational purposes and in not a recommendation to buy or sell a security.
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