Watch List for 03/15/18 from Alex

 

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

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SQ: The more I look at the daily chart the more and more I love it. Looking to join dips for a near term swing to $60.00+ using $53.50s as a guide. Weak open r/g is ideal situation for tomorrow.

YTEN: Sympathy play. I’m not interested in finding the top on this. When RKDA goes down this will follow and YTEN is where I want to focus my attention on. That doesn’t mean it cant do $6.00+ … I have been burned many many MANY times being early. I dont plan on being early this time.

MU: Looking for a push on $61.00s to get short into. If we HOLD that level it will be an AVOID for me.

BA: Absolutely CRUSHED lately. Tomorrow will probably be the 4th red day. I will look to bounce this using todays lows $322ish as a guide.

RKDA: 

 

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1 Comment

  1. RKDA – nice prediction!)))

    Reply

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