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.

UPWK () -- 40c on open dip from 1 to 3 at close
PLUG () -- 60p on 65 reject from 2 to 3
PLUG () -- 65c on afternoon volume upside anticipating hod break from 3 to 6+ on gap up

there are more but rushing the watchlist this morning.

Watchlist

rangy action but expecting more chop today with mixed buying and selling on various names.

SPY -- more consolidation action -- LEVELS: 371, 375, 377, 378.60, 380, 382.50, 385.50
AMZN -- only on watch to keep levels handy., -- LEVELS: 3010, 3075, 3085, 3140, 3160, 3180, 3230, 3300
UPWK -- looking for day 2 upside move, -- LEVELS: 34.80, 37, 38, 39.50, 41.40, 42.80, 45
PLUG -- nice gap and PT upgrades 79 and 85. Overall same plan again get short on gap up resistance, this time eyeing 75 or get long of fast dip 66 and push over 72 -- LEVELS: 49, 59, 61, 65.50, 72, 77, 83.50
FUBO -- nice gap and short squeeze on FUBO. looking to short either off 40.50 or 43 -- LEVELS: 26, 30, 33.60, 40, 43, 52
TGT -- sales up big, looking for more upside or short on 196.50 break -- LEVELS: 191, 195, 196.80, 200, 202, 205

EV

NIO -- off radar for now. -- LEVELS: 50, 54, 56.50, 60, 62.50, 65.60, 69.50, 74
TSLA -- made lower high on daily at 860 using 840 as guide for downside and 860 for upside -- LEVELS: 785, 815, 840, 860, 880, 915, 958

SWING

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
REGN -- additional vaccine sales. looking to take Feb 560c and maybe 600c for May -- LEVELS: 465, 505, 517, 540, 565, 600, 650, 700
HD -- potential swing long for e/r. link 290c for Feb/Mar time frame risk vs 261.50, if that break re attempt long at 255-258 area vs 200ma. -- LEVELS: 260.50, 262.50, 264.60, 267, 270

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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