Daily Trading Picks — 09 October 2026 | BULLISH

Daily Trading Picks — 09 October 2026 | Market Bias: BULLISH

Published at 06:00 UK | Pre-market analysis of US shares (Dow 30 and Nasdaq 100)

[hr]

Market Overview

Scanner coverage: 40 stocks analysed from daily close data (2026-10-08). 24 stocks in bullish/recovering trend versus 0 bearish. Favour long setups — the market has a constructive tone.

Stocks: 40 | Bullish: 24 | Bearish: 0 | Neutral: 16

[hr]

Today's Picks

1. CEG — CEG (US)
Setup: Trend continuation long
Direction: LONG
Close: 285.07 (-4.8% prev day)
Entry: On confirmed move above 285.07
Stop Loss: 268.80
Target 1: 313.27 (R:R 1.7:1)
Target 2: 327.37 (R:R 2.6:1)
Confluence: 2/5 — Strong uptrend, Vol 1.6x avg, MACD positive, Moved -4.8% today
Confidence: SPECULATIVE

2. MRVL — MRVL (US)
Setup: Trend continuation long
Direction: LONG
Close: 274.66 (-3.5% prev day)
Entry: On confirmed move above 274.66
Stop Loss: 255.42
Target 1: 303.62 (R:R 1.5:1)
Target 2: 318.10 (R:R 2.3:1)
Confluence: 2/5 — Strong uptrend, Vol 1.4x avg, MACD positive, Moved -3.5% today
Confidence: SPECULATIVE

3. AMZN — Amazon (US)
Setup: Trend continuation long
Direction: LONG
Close: 254.06 (-2.2% prev day)
Entry: On confirmed move above 254.06
Stop Loss: 251.31
Target 1: 265.42 (R:R 4.1:1)
Target 2: 271.10 (R:R 6.2:1)
Confluence: 1/5 — Strong uptrend, MACD positive, Near POC, Moved -2.2% today
Confidence: SPECULATIVE

4. AMAT — AMAT (US)
Setup: Trend continuation long
Direction: LONG
Close: 509.57 (-2.1% prev day)
Entry: On confirmed move above 509.57
Stop Loss: 492.16
Target 1: 547.53 (R:R 2.2:1)
Target 2: 566.51 (R:R 3.3:1)
Confluence: 1/5 — Strong uptrend, MACD positive, Moved -2.1% today
Confidence: SPECULATIVE

5. AMD — AMD (US)
Setup: Trend continuation long
Direction: LONG
Close: 620.68 (-3.9% prev day)
Entry: On confirmed move above 620.68
Stop Loss: 588.94
Target 1: 668.82 (R:R 1.5:1)
Target 2: 692.89 (R:R 2.3:1)
Confluence: 1/5 — Strong uptrend, MACD positive, Moved -3.9% today, Near 52w high
Confidence: SPECULATIVE

[hr]

Watchlist

GOOGL (US): Trend continuation long. RSI 54. Score 3.0/10. Watch for Strong uptrend, MACD positive.

LRCX (US): Trend continuation long. RSI 52. Score 3.0/10. Watch for Strong uptrend, MACD positive.

[hr]

Index Breakdown
US / Nasdaq: 24/40 bullish (60%)

[hr]

Data: TradingView daily close (2026-10-08). Track levels on our Live Charts page.

[hr]

Risk Warning: Trading equities and indices carries substantial risk of loss. These are educational ideas shared for discussion, not financial advice. Past performance does not guarantee future results. Always do your own research and never risk more than you can afford to lose. ChartsView is not authorised or regulated by the FCA.