[Platinum Watchlist] (6.13.23) 3 Stocks

Good morning.

AIG wicked under the 200-day SMA before moving up to close above the 200-day SMA where it triggered a buy order. Thei is the fourth day this stock closed above the 200-day SMA which has provided price support. Resistance will be at 57.81.

Price action on TROW ran down through support at the 200-day SMA and closed below the 9-day SMA and never recovered back to previous support at the 200 where a buy limit order waited but was never triggered.

LMT was similar to TROW as price action was unable to rise back above the 200-day support level and trigger an order.  It’s important to be patient when entering a position especially during the first 30-60 minutes of the market open as it takes a while to balance out the order books.

This information is for educational purposes and not a recommendation to buy or sell a stock.