HD - stock uptrend still intact. Stop Loss just below the 50MA. As long as market remains in uptrend, can continue to add.

PM - Stock consolidating. A very tight stop loss will be just below the 200MA. Otherwise, the white line can be used, at around 85.50. Note that if a tight stop loss is broken, you can always re-enter at a cheaper price unless the stock starts to roll over.

CMCSA - Uptrend still intact. However, may set SL below 50MA using a tighter-stop in case the stock rolls over. Remember, you can always re-enter (buy back) at a lower price later if it bounces up from a higher low. If it bounces from a lower low, then the uptrend could be over.

ABV - Uptrend still intact. Stop loss may be set at around 38.50.

AMGN - SL at around 85.

AZO - SL at around 345.

AAPL - Looks like a Head-and-Shoulder pattern in formation. If prices break below 520, the stock may fall much further. Otherwise, it may consolidate and move sideways between 480 and 520 before it can resume higher high.

VRSK - 200MA may give near term solid support. Stop loss around 47.20.

PCLN - Should head higher. Stop loss at yellow line around 599.50.

NVO - May move higher, depending on if sector can lift higher. Stop loss at around 149.97 (orange line).

MCD -   In distribution. Stop loss around 85.44.

LULU - May head higher. Meanwhile stop loss at around 63.67.

KO - Tighten stop loss to sell at around 36.98. Orange line. Inadequate institutional buying for now.

ISRG - Hold, technical price target 600. Stop loss (orange) around 516.

AZO

Please note:

1. Chart pattern basing, likely to breakout higher
2. Hence, loosen stop losses so more room for stock to move, without getting whipsawed.
3. Stop losses to use can be the 2 orange lines.
4. Industry line (blue) also looking ready to bounce higher.
5. OBV (orange line in volume pane) also trending higher recently showing increasing demand - bullish
6. 50MA crossing over 200MA - bullish

AAPL

(weekly chart : long-term uptrend intact, though sub-industry trend [yellow line] may experience double-top, near term bearish)

 

Pivot Low 533 (Stop Loss 1)

S1 516 (Stop Loss 2)

S2 480 (Stop Loss 3)

 

 

AAPL

(daily chart : near-term downtrend, as confirmed by broken 200MA and sub-industry trend [yellow line] showing relative weakness)

 

Technical Buy Point 1 > 555.50

Technical Buy Point 2 > 566

 

* Capitulation (selling) in recent days likely lead to rebound.

* Lower risk if re-enter after a base is formed, especially given tough market now, rather than on first day of rebound.

* Lower risk if re-enter at Technical Buy Points 1 & 2.

* Risks remain high (until further basing) so scaling in with small positions preferred to large ones, given current market and S2 of $480 where price may technically retrace to.