The weekly scans picked up the move by AMD on Friday. It has the characteristics of a breakout to the upside but these big tech stocks haven’t been very graceful lately. We can see the jump up friday created the bullish crossover that I like to see and the RSI is in the right zone. But with these erratic stocks we want to watch how they open and see if it confirms the move. Here is the chart:

META also popped up on the scan but it is also another ticker that doesn’t offer cooperative patterns lately. With Zuck going on trial this week I am watching this for a move downward. We’ll keep and eye on it and update you.

We also have a few from last week that we will be watching as well. Keep and eye out for the updates.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily