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.

ROKU (100%+) -- 320p on 328 break targeting 317 level, 5.50 to 11
TSLA (50%+) -- 730c off 718 level, 18 to 28 in 15 minutes

Watchlist

Boy was I wrong about a rally after profit taking dip yesterday. Was completely unprepared for yesterday's downside, but thankfully, waited for long setups which didn't materialize in morning. So far charts are setting up for more selling. daily looks ugly. That said for most of 2020, on any day SPY sold off 500-800 points we had a rally the day after. Let's see what today brings. Overall mentally preparing for both scenarios. Overall feels like risk off happening. short list today

SPY -- looking for dip and rip of 371, but if 371 breaks, can flush into 369 for gap fill. -- LEVELS: 358, 364, 369, 371, 374, 377
AMZN -- looking for dip and rip setup/ reclaim over 3180/3200 levels -- LEVELS: 3060, 3130, 3175, 3210, 3240, 3260, 3300, 3350, 3390, 3440, 3520
FUBO -- watching for dip and rip off 26.50 level. raised guidance out. -- LEVELS: 22, 25, 26.80, 28.40, 29.60, 32.30
ROKU -- Potential for more profit taking.into 280-300 this week -- LEVELS: 270, 298, 309, 317, 324, 329
GS -- holding support well. -- LEVELS: 256, 260, 262, 264, 268, 275
MU -- gapping again, lets see if it can get a trend. -- 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
LMND -- If market selling on growth 2020 winners, this could see a nice drop. Watching 110 -- LEVELS: 88, 102, 109, 112, 116,120
TRXC -- decent volume, eyeing dips for a long. potential to see $2-3 in coming days -- LEVELS: .85, .95, 1.20, 1.35, 1.60, 2.20

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.

©2021 Edumomo LLC | Terms of Use | Privacy Policy

Log in with your credentials

Forgot your details?