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Here are the top 3 stocks we are watching for swing trades going into the week of 3/18/2024:

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  1. $MRNA. Moderna, Inc.

Stock Chart
Stock Chart

High volume breakout above resistance, low volume pullback, and high volume coming back in to show support. This is a pattern I am ALWAYS looking for. Liking Moderna for long continuation with a stop below $99.90.

2. $MNST. Monster Beverage Corporation

Stock Chart
Stock Chart
Stock Chart

Looking for continuation long here. $60.47 used to be previous ATH’s and this name had high volume buying coming in on Friday March 15th. I liked the S/R flip, stop will be a close below $60.

3. $MCHP. Microchip Technology Incorporated

Stock Chart
Stock Chart

Watching this name long. $MCHP and $QCOM have very similar steups right now. I would like to see $MCHP above $90 before longing anything. Technically, I like the high volume breakout of resistance, low volume pullback to former resistance, and the high volume buying coming in to support the S/R flip.

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