Watch List for 03/05/18 from Alex

 

 

Saturday Morning Blog #2: Shorting Parabolic Moves, Timing for Size, Being Exhausted, Minimum Capital Needed. 

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NFLX: All time highs breakout on this. I REALLY like this chart. I think we can test $310.00-$315.00 near term. Looking to buy this on a dip tomorrow morning near $297.00s in my swing account. As long as market stabilizes this week it should rocket.

ECYT: This reminds me exactly of GALT. Had an offering, but seems like many are bent on the wrong side here. I wouldn’t rule out $10.00… I hope it gets there so we can get a monster play. But for now, keeping it on radar. Will likely look to lean on this AFTER the first red day. Not looking to get cute and find the top.

BA: Crushed in the past few days from $370.00s all the way down to $335.00… Thinking this is gonna have a nice bounce $350.00+ soon. Will look to load dips using $340.00 as the guide on the long trade.

UVXY: Nice rebound day (finally) in the markets. Another solid day tomorrow on SPY and this can go to $15.00. Looking to short all pops risk on $19s IF AND ONLY IF SPY holds a trend tomorrow.

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