Posted on Leave a comment

Evening Stock Watch-List: May 29, 2019

Stock Market Watch-List - 05/29/19

May 29, 2019

Hello there! Below is your edition of this evening’s watch-list. We hope you have a great trading day tomorrow! 

kaf investing

Not A Member?

Try us free for 7 days and get 50% off your first month!

Yesterday's Realized Trades

TICKER COST PROCEEDS GAIN/LOSS

$MOMO

$28.25
$28.90

+2.30%

Futures At A Glance

DOW S&P 500 NASDAQ BITCOIN GOLD

-82 (-0.32%)

-11 (-0.38%)

-49 (-0.67%)

+15 (+0.08%)

+1.60 (+0.13%)

NFLX

Netflix ($NFLX) is in quite a bit of trouble tomorrow. Many people have been calling for trouble due to Disney streaming releases and things like that, but this has nothing to do with that. This is entirely a market sentiment and technical break down play. $354 is multi day support, and I will be looking to enter short under that level. My price target initially is $348 but this could see as low as $340 depending on overall markets. Patience will be key, I will lock in half profit, and look to re enter short on bounces. This name should provide all the range in the world tomorrow to trade directly, or via options.

OBLN

Obalon Therapeutics, Inc. ($OBLN) is a Medical Appliances & Equipment company in the Healthcare sector. This low-float penny stock broke out of its downtrend last Friday, and reversed to a high of $0.75 before close. The stock sold off a bit during mid-day, solidified higher lows and established a multi-day trend-line. As long as OBLN holds the trend-line it has formed, we should see a retest of today’s highs. I plan to day trade this over the $0.77 critical resistance level!  

Share Our Watch-List With The World!

Share on facebook
Facebook
Share on twitter
Twitter

Quote of the Week

“Courage is fear holding on just a minute longer.” 

– George S. Patton

Have A Question?

Email: support@kafinvesting.com
Send us a quick email and we will get back to you as soon as possible!
24/7 Customer Support! Contact us anytime.

Leave a Reply