Stock Watchlist 5/21: SHOP, WORK, SQ, AAPL, SNAP, AMZN, TWLO, ZM

Top watches for Thursday are below, as always know the news, trade the action:


SHOP - Starting to b/o for next leg up over 775. Collaborating with FB on Zuck's new Shops and are launching a few other products.



WORK - Has consolidated above 30 mostly. Watching for a continuation breakout over 32.



SQ - Weekly chart is prime for a breakout towards 100. Swing trade patience needed. I'm already long $85 calls from last week. It has been downgraded and upgraded this week. Traditional banks hate it, go figure. I like the price action to continue higher in the coming weeks.



AAPL - Needs follow through over 320 if we're going to get a retest of ATH. I'm long 335 calls after rolling 317.50 profits last week.



SNAP - testing the key resistance level.



AMZN - chart update. Having some patience may pay well as it has large range potential in the coming weeks. Obviously, have a risk guide built into your trade plan though.



TWLO - Watching bull flag for a breakout higher.



ZM - so close to a breakout in my opinion. I started small into close, will add dips if it starts to go.



Happy Trading!


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