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what's going on Traders welcome back to another video in today's video we're going to be walking through three stocks that I think everybody should be keeping on their watch list next week as I do see some potential in them especially if our Market continues to stay strong and stay bullish and I think there's a there's a strong chance we're going to continue to see some bullet movement or bullish movement on a few of these stocks uh so let's get into it first stock here that we're looking at on the screen is the stock cron c n one second there we are so what we're looking at right now is the stock cron the marijuana stock so what's interesting here is we had this you know phase where we went through the pump then we kind of came down we bounced we moved up again we're pushing higher now you can see we're kind of breaking over this red dotted resistance let me kind of walk you through some things what we see here is somewhat of an inverse Head and Shoulders pattern and you can see we kind of bounced right there off that previous shoulder and now we're moving higher and there was resistance right at 14 you can see we kind of held resistance there slightly for a little bit and then we broke over on Friday's trading so what's cool about this is this is extremely bullish for right now the only issue with this setup is we have this High Wick at five or 1513 obviously the stock would need to break over that to break into new highs so we're kind of at an ideal moment for the stock Crown where we're super close to breaking into a 52e high there's been a lot of hype and momentum still surrounding these marijuana stocks so I think this coming week if KRON can continue to stay bullish this might pick up in volume and momentum and push into new highs here so I think this could be something good to keep on watch for a long and not to forget about the downside risk here but if you have been long or swing trading or long on any anywhere throughout this move you should also be a little concerned about that $15.30 high 52- we High the stock is put in as it might see resistance and it might in fact pull back from there uh but right now Kon is at an interesting point I will note if you're going to trade Kon you should always be keeping an eye on cgc cgc is kind of the main uh most reputable marijuana stock that we have on the market and when cgc is performing well or if it's bullish then we tend to see that trickle down or over into the the marijuana stock KRON C when cgc is bullish or doing very well we typically get to see some of that um bullish action on Kon as well so this is where I'm at if cgc stays bullish I'm pretty sure we're going to see Kon push cron pushing the new high highs if cgc turns bearish which you can see we're starting to see some seller candles if this turns bearish I think that's going to put a dampen on the move for Kon which might be one of the factors that keeps it from breaking out so going into this week we're definitely going to be following Kon seeing how it starts trading and see how it's reacting depending on how cgc is doing if cgc starts to come down and get extremely bearish but Kon does not then we know there's a Divergence there where KRON is no longer so attached to cgc to the point where if cgc goes down KRON goes down if that's not the case and cgc drops and KRON still moving higher then we know that investors are starting to kind of forget about CDC or not worry about what it's doing and it's kind of Kon is starting to move on its own path right so that's what I'm really looking for to see if there is a Divergence between the main weed stock cgc and KRON if there is a Divergence and KRON is no longer following super closely to the direction and price action of cgc we'll know that KRON has kind of gone on its own path at least for now and it might have the potential to push into new highs next one on the list here is AMD now I'm not your biggest AMD fan or AMD stock you know fan Trader but AMD is also in a point right now where it could have a very aggressive push to the upside what we're seeing right here in this section is we're seeing a bunch of consolidation in between moving averages it just started to curl off the nine moving average on Friday we have broken over the 100 moving average now we have sort of created this small little pennant in here okay we've kind of created this little wedge okay little bit of a wedge and we're starting to break out of that wedge if the market again if the market can stay bullish again the Spy Dow Jones Russell 2000 if we can continue this bullish manner going into this week on the overall market then the bullish sentiment will turn over into stocks and there's a strong chance that we're going to be seeing AMD push up and over this $21.50 high that it had just a couple couple weeks back or a couple days ago so that's what I'm kind of following here with AMD is to see if the market stays bullish and if it does again AMD is kind of on an uptrend we had this small little kind of pullback little wedge in there we're starting to break over major moving averages again if you look at this price action on AMD all the moving averages are right here and the price action is above all the moving averages so there's not any downtrending moving averages that it can really run into at this point we're above all of the moving average resistance that it could potentially hit so now it creates an opportunity where there's not really any overhead resistance other than previous price action which would be there you know in this level Zone there and right here so if the market stays bullish and we're getting some bullish movement I think am is a good one to keep on the watch going into this week as we're curling off the nine and we might be looking at a nice kind of push and breakout over these previous highs don't be expecting some crazy monstrous move but I think we're going to see some bullish action on AMD coming this week next one on the list is square now again I don't typically Trade Square all that often either square is usually a stock that I'm trading on earnings days cuz Squarespace and SQ is typically uh sees a lot of volatility or some good volatility on their earnings days where we see it fluctuate a couple dollars per share in any given Direction and so it tends to be a pretty good stock to trade on its earnings days that's where you'll usually see me uh trading on on Square now with square here square is also interesting because it has a really good looking curl and move right here we had this consolidation we held the 50 and we curled up and you can see the nine is crossing the 50 let me zoom in on that actually you're probably in a tough time seeing that right so look at we have the nine just kind of crossing and curling over the 200 over the 50 moving average that's a bullish sign and as many of our private members know I'm not the one to look for an EMA cross okay I'm not the one that goes oh the moving average is crossed it's an instant long and we should be belonging I'm not one that goes off that there are a lot of traders that go based off of a moving average cross going that's when the time to get in but the moving average cross is a delayed indicator and it's a the indication is delayed and it's late so this move has already happened well before your moving average is cross or the move is already taken place then they cross so I'm not one to go balls of the walls on a moving average cross trade but it does have that bullish look and so this is one of those situations where given the right circumstance and you know as long as long as Square doesn't have any extremely negative news come out soon or the market continues to stay bullish cgc is going to be b or not cgc excuse me square is going to be battling against this resistance that that level there this consolidation okay that is what we're looking for over this 72 or $73 area if Square can get up and over that there's a strong chance we're going to see a little bit of a breakout over that level as we know there have been short sellers that probably entered here that might be longterm or here that that may not have covered up yet so there very well could be some long-term shorts that still need to get out that have stop losses in here and then obviously if we break over that it can be seen as a you know a breakout over previous resistance so if the momentum can stay strong the market stay strong Square could be a stock that we see push over this level soon and have a nice pop it's already had a really fantastic move here uh which is a no-brainer obviously the Market's been going up repeatedly day in day out up and up and up so you would assume that obviously all the stocks are going up it's a no-brainer but we're still at kind of a critical key resistance level and I do believe square is going to be an interesting stock to keep an eye on this week as well as a lot of other ones these are just a couple that I came across I just really like the feel of them and the way they look but at this current moment there's tons of stocks out there like another thing I'm keeping Ane on here guys is Netflix right Netflix had its earnings it was it was just terrible massive selloff um I ended up shorting it in after hours for a great win so this is another one I'm keeping an eye on you know this had a massive pullback off of earnings it's you know had a really really good run if the market starts to roll over and the market does get back to some bearish moves then Netflix is going to be on watch for a short right Netflix is high on watch for a short right now because of this great move and earnings pulling back you know we could be seeing it some further downward move on Netflix so that's another one I'm I'm keeping an eye on right I keep an eye on tons of stocks Apple for one Apple has been beaten down we're waiting to see some reversal off this level yet apple is still having some trouble so far getting over its 160 resistance so until it can get over that there's really no Long play and at the same time you got all these moving averages still coming down into the price action which are going to dampen that move and and try and keep it down another one a lot of people are are really interested in and guessing on is NVIDIA you know when is NVIDIA fully going to go through its reverse well it's starting to it's been kind of slow but we're right at this 50 moving average if we can start pressing up and over some of these levels then Nvidia has great potential so there's a lot of stocks that are that are really good and and those are ones I showed aren't the only ones there's plenty of things out there to always be trading but those are a couple that I liked I hope you guys like them I hope it maybe helps you guys you know decide on how you might go about this week or maybe you want to keep an eye on some of those stocks so I hope that helps you guys as always thanks again for tuning in and we'll see you guys on the next video take care
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