Swing Trade Watchlist for the Week

 WallStWhiz
 
  WallStWhiz
 
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Unraveling market complexities one story at a time. Reporting on finance with integrity and insight.
 

•  17 May 2025
 

We’ve scanned the charts for the most promising technical setups, including classic patterns like cup-and-handle, double bottoms, and head-and-shoulders. Below, we highlight key tickers, complete with potential entry and exit zones, risk levels, and chart breakdowns to give you an edge when the market opens Monday. Let’s dive into this week’s top swing trade opportunities:

$T – AT&T | Potential Cup-and-Handle in Play
Current Price: $27.72
Support: $26.33
Resistance: $28.15
Avg Volume: 40.04M | Current Volume: 22.24M

AT&T is down ~9% from recent highs, but the broader setup points to a bullish cup-and-handle forming on the daily chart. Price bounced from the $26.33 support area, and if momentum returns, a breakout over $28.15 could ignite a measured move toward $29.50+.

Entry: Above $28.20 (on volume)
Stop-Loss: Below $26.50
Target: $29.50 - $30.00
Risk/Reward: 1:2+

Watch for volume confirmation on Monday’s open. If it surges above the handle zone, this could be a textbook breakout.

$DGX – Quest Diagnostics | Rounded Bottom Setup Forming
Current Price: $177.91

DGX has quietly been forming a rounded bottom, a precursor to longer-term upside. While no defined support/resistance zone is visible near-term, the stock’s low volume pullback may present a solid swing entry if price starts reclaiming the $180 area.

Entry: Over $180
Stop-Loss: $174
Target: $188 - $192
Risk/Reward: 1:2+

Ideal for patient swing traders—look for confirmation via MACD crossover and strong volume.

$PLD – Prologis | Double Bottom Watchlist
Current Price: $110.53
Support: $108.87

PLD is hovering just above a double bottom neckline near $111. A confirmed breakout above $112 could unleash bullish momentum. REITs have been under pressure recently, but this technical base is worth monitoring closely.

Entry: $112.00
Stop-Loss: $108.50
Target: $117 - $119
Risk/Reward: 1:2.5

This is a clean, symmetrical setup. Breakout traders should love the structure here.

$RPRX – Royalty Pharma | Breakout Retest Setup
Current Price: $34.02
Support: $31.13
Resistance: $34.02

RPRX just retested its prior resistance zone, now acting as support. With strong institutional backing (99.9% approval of a key acquisition), the fundamentals line up with the technicals. If it holds above $34, a new leg higher could begin.

Entry: $34.20
Stop-Loss: $32.80
Target: $36.50
Risk/Reward: 1:2+

Smart money may be loading up quietly—watch for volume spikes and insider activity.

$WINT – Windtree Therapeutics | Speculative Breakout Watch
Current Price: $0.83
Resistance: $1.64
Volume Spike: 2x average

WINT has exploded in volume following a revamped strategy to become a revenue-generating biotech. While highly speculative, the chart shows early-stage breakout structure with room to more than double if it clears the $1.00 psychological level.

Entry: Above $0.90
Stop-Loss: $0.74
Target: $1.50 - $1.60
Risk/Reward: 1:3+

Biotech penny stock, so expect high volatility. Only for aggressive traders with tight risk control.

Charts Overview
(NOTE: Charts to be included below in full post for each symbol highlighting pattern lines and zones.)

$T – Cup-and-handle base building since early May. Handle forming with declining volume—ideal setup.

$DGX – Smooth curved bottom with increasing RSI, nearing the breakout level.

$PLD – Clean W-shape forming on daily. MACD looks primed for a bullish crossover.

$RPRX – Pullback and bounce off breakout zone. Solid consolidation with tightening Bollinger Bands.

$WINT – Flag/pennant breakout possible above $0.90 with major upside potential.

Risk Management Strategies
Size appropriately: Stick to 1–2% of your total capital per trade.

Use stop-losses religiously: These setups can fail.

Volume matters: Don’t enter unless volume confirms your thesis.

Set alerts Sunday night to be ready for market open Monday.

Bottom Line:
Most Attractive Near-Term Swing Opportunity → $T (AT&T)
With a clear cup-and-handle pattern, solid dividend backing, and a retracement that held key support, $T is offering the best balance of risk/reward going into next week. A breakout over $28.20 could trigger a measured move and offer quick upside for swing traders. Watch volume closely!