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Monday Watchlist
My Watchlist might be bigger than everybody elses, but that doesn't necessarily mean I know how to use it.
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Below are a select few and why I'm watching them.

Prior to the recent Chinese tech sell-off, $TME's ADRs were subject to a massive sell-off in March when a ridiculously over-leveraged 'family office' called Archegos was margin-called and defaulted - brief details here. Since then, I've been waiting for another opportunity to get back in but China's crackdown keeps foiling me everytime things look promising. It now looks as though the worst of the storm is over, with the price trading sideaways and away from the previous resistance and around 15% from it's low two months ago. Not one I'm rushing into but there looks to be a whopping 50% upside from it's current price point.
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They've pretty much sideways for the whole of 2021 but look to be breaking out of their trading range. I'd expect some more profit-taking from those that bought the dip during the earnings profit-take and the RSI is also sitting in overbought territory. If you recall one of my earlier memos, you might also see a Cup-and-Handle here!
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A fairly new one on my Trade Candidates Watchlist, and although it hasn't been public for even 4 months yet, there's a lot of good data for Snap One Holdings.

It looks like the handle of a Cup-and-Handle is forming after the initial IPO rally, and you can interpret the bottom, around $13.14, either as an inverted Head-and-Shoulders or a Triple-Bottom, both of which are great bullish signals. I'll be on $SNPO if the price manages to break and close above $24 on its next rally.
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Forbes
Archegos Sparks Family Office Feud Among Their Billionaire Owners
Archegos is the first big scandal to hit the family office sector, a newish industry built to serve the needs of billionaires. The impact will be huge, say insiders, as banks and regulators turn against family offices, and family offices turn in on themselves.

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