Good morning!  What a day yesterday. morning started off mostly red with shorts failing. but flipping to long side plays on resistance break out put me green and then we got BA news.

Premarket action show initial gap up strength but currently selling off back into yesterday’s close.  Trump speaks at 12pm ET and Powell speaks tomorrow.

SPY -- Got BTFD action yesterday. Dip and rip off the 307.50 support level. Feels like market wants 310-312 before exhaustion, but I'm definitely watching for profit taking day.
AAPL -- Was wrong on 260 double top fail yesterday. What a grind and move for more upside. Should get profit taking soon. Chart looks parabolic. Just don't know if the key level is 260 or 280.
TSLA -- Like dips on 345-346 for 350+ this week.
BA -- Like short into 368-369 for flush into 362s to get long for 370+, I'm thinking about taking Jan 420c maybe 450c for a swing.
AMRN -- Not seeing the catalyst on this move in premarket. Looking to get short on push failures. Would love to see 21 and then fail to and take 19 or 20p for 11/22

Earnings Plays

AAP -- Will need to see how this one plays out. Not sure if the e/r report is bad enough to get it to flush into 150-152 or note. Currently gapped down to 200ma.. They affirmed guidance but expects some slow down in same store sales. If I see 150-152 range come fast, I'll likely consider a long or if I see a move over 161.20. Under 157.50 and heavy will consider a short.
DXC -- Monster recovery after dropping to 25 in ah. Got a lot of PT cuts, looking for a short squeeze and failure, and get 30p target 28 by Friday, 5% short float rought 12m shares short, so may get a short squeeze into 32.80-35
RETA -- Super rangy and gave back some gains yesterday trying to trade this.. Not sure how this will play out but its definitely on watch for profit taking. Should get 12-15 points of range today.
ROKU -- Looking for gap up push and fail for a short back into 128 and then see if we get 125 or next leg up to fill gap.
CYBR -- Watching for dips, to start a swing long. May take Dec calls

 

Good luck everyone and safe trading.  Be sure to like/retweet if you are finding this watchlist helpful.

 

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.

©2020 Edumomo LLC | Terms of Use | Privacy Policy

Log in with your credentials

Forgot your details?