On watch 03/20/20 from Emil

by | Mar 20, 2020

 

Go have a look on this Intermediate Stock Trading Course here

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

 

Crazy volatility out there and a lot of opportunities BUT no matter how hot any of the setups I’m looking doesn’t give me the confidence to swing something or to hold over night , in actual market conditions anything is possible(market shut down, ban short selling, limiting trading, etc)  I’d rather sleep well than being caught in something I can’t control – just my 2 cents

Volatility Sale

WTRH – huge volume blow off day going to pay attention to any weak open and pops into 2.75 for a stuff to short

ROKU – ideally get above 75 and build above for a decent long , I’d rather wait this confirmation than buy dips against 72

PDD – back on radar for me, seems that China won the fight with coronavirus and they don’t have any new cases’and prolly this will bring a boost of confidence on some of the stock anyway paying attention to dips against 33 for long trade if trends holds

OXY – held pretty well yesterday if will build above 10 I’m interested to take a long trade

GILD – nice run in the past few days now pretty much rejected the b/o , looking for the back side of this move and any pop/ramp back into 80 if will stuff I’m interested to short it

BMRA – interested in any failed follow thru into 16.5 for a short and more unwind targeting 12 area

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