February 7

Stock Market Watchlist for 07 Feb 2019

0  comments

Good morning!  Crazy ah action yesterday.  More earnings plays and we have a gap down.

General market thoughts

Are we finally exhausted?  We are gapping down this morning, I’ll be looking for any early push or gap fill on the market as a shorting opportunity. I may be wrong, but been feeling like we are due for a drop.

SPY -- Push retest of 272-272.50 for a short. Dip on 270 for a bounce. break of either of those levels, for continuation up or down. --
LEVELS:
PLANS:
EOLS -- If dips on 22.50-23 hold like for a long risk on 21. --
LEVELS:
PLANS:
AMRS -- Dips on 4.80-5.20 to hold over next couple of days for eventual move over 6. --
LEVELS:
PLANS:
CRON -- Gapping down. Looking for dump into 18 and then bids to come back. IF no bids there, then next stop is 16 area. Overall looking for short covering and dip buying to return soon. --
LEVELS:
PLANS:
DECK -- PT upgrade. Like dips on 140 for more upside. (but if market continue to be weak will leave it alone) --
LEVELS:
PLANS:
TSLA -- Action yesterday was weak. looking at a pop on 318-320 to fail to indicate more downside. if 310 dip holds then will likely see push on 315 again and if that is stalled, get 310p for dump into 300. --
LEVELS:
PLANS:
PYX -- Eyeing with rest of pot market, If market drops this could see 14-15 which might not be a bad spot to scoop for a bounce. --
LEVELS:
PLANS:
ARRY -- Nice gap up, watching for follow through volume for a push into 24 --
LEVELS:
PLANS:
VALE -- On watch for volume. Will likely load up on next week 11p. News out saying auditor was pressure to testify of safety and recommended moving of dam. Ideally push 11.50-11.60 and fail. --
LEVELS:
PLANS:

onwatch ticker=”UVXY” notes=”Any pull back to 49 will look at 64c for Mar 1″ ]

Earnings Plays

MTCH -- Dips on 56.50-57 that holds, I like for long for a push on 60. If we push over 62 and get stalling, like for a short. --
LEVELS:
PLANS:
IRBT -- Spruce Point Capital out questing earnings results. So far 100 is holding as a base if we get a fast move on open into 110-112, I like as a short. if dips on 98 and reclaim vwap, like for a long AFTER vwap reclaim and hold. --
LEVELS:
PLANS:
FEYE -- Maybe dip and rip. So far acting week. Under 15, interested in a long if big fast drop. Push over 16.80-17 I like for a short. --
LEVELS:
PLANS:
CMG -- I like a yank/retest of 560 or 570 level to get long. Will need to see price action. Over 580 we should see 595-600. If 580 stalls again on open like for a short for the 560 test. --
LEVELS:
PLANS:
GRUB -- Will be reactive to big moves up or down. --
LEVELS:
PLANS:
TWTR -- Will no longer report users. Any pop over 32-33 I like for a short into sub 30 over multiple days --
LEVELS:
PLANS:
HYRE -- Will be reactive to big moves up or down. Overall would love a big dip to get some long. --
LEVELS:
PLANS:
HEAR -- Any profit taking dip and vwap reclaim, like long for short squeeze into 20. 18 is a big resistance level. --
LEVELS:
PLANS:

Good luck everyone and safe trading.

If not a member, please join me at Black Box Stocks for real time updates/alerts.

If you’d like a free trial of black box stocks and chat with me on discord, be sure to message me on twitter @spectre_trades.

THIS POST AND ALL CONTENT ON THIS SITE REPRESENTS OPINIONS ONLY AND PROVIDED FOR EDUCATIONAL PURPOSES ONLY. CONTENT SHOULD NOT BE CONSIDERED ADVICE OR A RECOMMENDATION TO BUY OR SELL A SECURITY. PLEASE SEEK ADVICE FROM AN INVESTMENT PROFESSIONAL.


Tags


You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get in touch

Name*
Email*
Message
0 of 350