Good morning all.

Make sure to subscribe to BlackBoxStocks for the option flow and option flow alerts. Trading is a business, make sure you have the tools to support it. Only takes 1 good trade to pay for a year’s service.

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.

TSLA (800%+) -- 710c from 1 to 9

Watchlist

Happy New Year! The first watchlist of 2021 and there is a big list. Let's get into it. Overall thinking some profit taking on open and then rally.

SPY -- looking for dip and rip of 371, but if 371 breaks, can flush into 369 for gap fill. -- LEVELS: 369, 371, 372, 374, 375.50, 377
AMZN -- looking for dip and rip setup -- LEVELS: 3175, 3210, 3240, 3260, 3300, 3350, 3390, 3440, 3520
FUBO -- watching for dip and rip reversal off 27-28 levels. -- LEVELS: 24, 27, 30, 34, 35
ROKU -- Premarket rip on news of intent to acquire content from Quibi, 5 days of selling. Looking for profit taking on open and then need to see if reversal develops. break of 328 likely bring more downside. -- LEVELS: 317, 328, 330, 335, 343, 350, 365
GS -- nice upgrade with 362 PT. looking for profit taking on open and then rip higher. -- LEVELS: 256, 260, 262, 264, 268, 275
DASH -- buy coverage started with 185 PT. Lets see if it find support and reverses. daily down trend. my overall preference would be a swing long in 60-80 area but we trade what the market gives -- LEVELS: 118, 130, 135, 141, 148, 152
ABNB -- buy coverage started by Needham with $200 pt -- LEVELS: 135, 145, 148, 152, 155, 165
MU -- gapping up into new all time highs. -- LEVELS: 70.50, 72, 74.60, 77, 78, 82
HD -- potential swing long for e/r. link 290c for Feb/Mar time frame risk vs 261.50, if that break re attempt at 255-258 area vs 200ma. -- LEVELS: 260.50, 262.50, 264.60, 267, 270
NFLX -- like daily chart setup, looking for dip and rip for push over 560 this week. -- LEVELS: 526.50, 535, 538, 545, 550, 558, 580

 

EV

NIO -- sedan day and reported delivery increase. Looking for some profit taking on open and then trend higher. if breaks back below 48.50 be careful -- LEVELS: 44.80, 46.50, 48.30, 49.50, 50.50, 51.80, 55
XPEV -- also report delivery increase, ideally dips into 45 on open and then more upside. -- LEVELS: 38, 41, 42, 43.50, 45, 46.50, 48.50, 51.50, 58
LI -- nice gap, ideally gets some profit taking but same as others, want dip and then more upside for swing. -- LEVELS: 26.50, 28, 29.80, 30.80, 32.20, 33.50, 40
TSLA -- watching for reaction on 718. -- LEVELS: 690, 707, 718, 730, 761

SPAC

APXT -- nice scoops sub 14, over 15. still long term swing idea, target 30-45 by June -- LEVELS: 11.80, 13.80, 15, 17, 19, 21.50

Post Earnings Plays

n/a

 

 

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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