Good morning all.

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If you want to learn how to trade hands on using the watchlist and Spectre’s methodology, check out the Two Hour Trader Program

Previous Watchlist Highlights

You can find great potential trades based on the watchlist. Combining price action, watchlist levels, and option flow can yield great results. Here are some highlights.

TIP: Pay attention to the tickers you don’t normally see are added to the list, usually outsized results can be found.

SHOP (150%+) -- long for rip 970c from 6 to 17
TSLA (100%+) -- 520c on open dip 4.50 to 9. didn't get follow through into 520s

Watchlist

Market held Wed lows and rallied. big dip in after hours and then rally back to the yesterdays close on open. more consolidation with potential upside as PFE and MRNA vaccinations applications to FDA approach. A number of tickers had tight range yesterday so will be watching for trend higher or lower out of ranges

SPY -- Needs to reclaim over 358.50. For upside, otherwise may see 350s revisit into next week -- LEVELS: 351,354.50, 356.50, 358.50, 361, 362.60
BA -- Watching for volume break over 210 on under 200 for a trade otherwise skip -- LEVELS: 181, 190, 200, 202, 210, 217
TSLA -- May be acting a little toppy. Under 494/488 looking for dips into 470-480. Over 504/508, looking for 520s -- LEVELS: 460, 475, 494, 504, 508.60, 523, 552
SQ -- if volume comes, can see 200+ -- LEVELS: 186, 190.50, 195, 197, 201, 212
ROKU -- new all time highs. Looking to see if follow through or fails -- LEVELS: 240, 250, 258, 265, 275, 300
XPEV -- Looking for rip over 50 toward 52+ with continued strength in EV market -- LEVELS: 42.70, 46, 48, 50, 52
FEYE -- Looking for gap fill on acquisition news -- LEVELS: 13, 14, 15.50, 16.50, 17.20

Post Earnings Plays

SONO -- struggling with 22s, if can clear 22.50, will look for move into 24 -- LEVELS: 19.80, 20.80, 21.25, 22.50,24
NVDA -- If can clear 542, I thinkit can have some upside otherwise more consolidation. -- LEVELS: 516, 525, 532.50, 542, 548, 560
GSX -- Looking for dip and rip on short covering and then potential setup for more lows -- LEVELS: 40, 46, 57, 60.50, 62

Save the Date — Webinar coming on Wednesday

if you want an idea of how to trade the watchlist checkout https://youtu.be/L94u8bHZUk4

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.

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