Trader Watchlist: Where the Charts Say Buy, Sell, or Wait

Senior Market Analyst, Matthew Timpane CMT, recently went live on Timing Research's Analyze Your Trade show. While answering real-time questions and pulling charts to analyze, he unpacked S&P 500 levels, short-term market volatility, seasonal trends, and how options-related open interest levels can act as support/resistance.

Below is the video, plus bullet points of the first five stocks he was given to analyze. 

✅ Key Takeaways

📉 General Market Outlook

• June options expiration (OPEX) tends to be volatile, with seasonal weakness before strong July performance.

• Buyback blackouts and low summer liquidity contribute to choppy action.

• Key S&P 500 support at 5,950 – a break below could open the door to deeper pullbacks (200-day MA at 5800, 50-day near 5700).

• Geopolitical risks could add near-term volatility but are unlikely to trigger a full retest of lows barring major escalation.

📊 Individual Stocks & Trade Setups

1. Datadog Inc (NASDAQ:DDOG)

   • Holding above year-to-date anchored volume weighted average price (VWAP) and 200-day moving average.

   • Watching for move toward $137 and possibly $145, if momentum persists.

2. Occidental Petroleum Corp (NYSE:OXY)

   • Cleared $45 resistance.

   • $50 is peak call open interest (OI) – expect either resistance or a breakout toward $53–$56.

   • Good momentum, but headlines can spike volatility.

3. CrowdStrike Holdings Inc (NASDAQ:CRWD)

   • Looks strong on daily and weekly charts.

   • Watch for breakout over recent highs or pullback support near $455.

   • Options setup shows 505–520-strike call OI, 450 put stack.

4. Berkshire Hathaway Inc Class B (NYSE:BRK.B)

   • At its 200-day moving average; potential defensive play.

   • $485 breakout = long trigger; upside target around $500, stop below 200-day MA.

5. CoreWeave Inc (NASDAQ:CRWV)

   • Strong post-IPO momentum; supported by Nvidia (NVDA).

   • Holding above IPO level (~62) and riding the 10-day moving average.

   • Key support around $165–$166, secondary buy zone at $143–$144.