Stock to watch and why:
XYZ- a cup and handle on the week chart with a possible double test with a possible 50% move?
SKX- after jumping off a cliff has meet a support zone. And if it holds here fkr a few days could see a decent bounce over about a week is what I see HAVE to wait for the volume and pivot here though. A possible 5-8$ move ish. Not bad.
AMD- tisk tisk amd… super bear trend… BUT if you zoom out and look at the bigger picture you can see it form a channel writhing a flag pattern. If it meets a resistance level around the 98$ mark-ish could see a rather sizable move if it break the top of that channel. Of which is about a 20$ wide. So nothing to sneeze at. Anther decent wait and see for about a week or two.
PLTR- decided to jump on a rocket and fly to the moon. But left a huge gap in its wake. With that inverted hammer up there on higher selling volume….could be a DECENT put move there to fill that 15$ wide gap. And could happen quickly. Only hope it doesn’t is if it bounced off of the open gap and creat a support there. Only one way to find out.