On watch 03/04/21 from Emil

by | Mar 4, 2021

More selling AH on indices so mostly going to look for some names that break the range and have some unwind potential

PINS – looking for a spike/pop against 76 for a short and some fade , I’m thinking to swing it for few days if will stay heavy into close (pretty much same plan I had posted yesterday on TWTR in w/l)

PENN – morning pops into 120 for a short ideally mid-morning

OCGN – some shove back against 12 gonna be nice for a re-do short targeting 10 area

GBTC – at some inflection point here not biased at all but im going to watch for a short in case will stuff under yesterdays highs at any given stage in the morning

AMBA – big slap yesterday a lot of b/o buyers under water , if will stay under 117.5 and stuff will short with 105 as target

Have a look over this Intermediate Course Video 3

Sneak a peek into IU community and see how it is, you can have a walk-through here

Check – The fundamental checklist for technical traders here

1 Comment

  1. Thank you, Emil!

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course