.st0{fill:#FFFFFF;}

Stock Market Watchlist for 18 Aug 2021 

 August 18, 2021

By  spectre_trades

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 my methodology, check out the Two Hour Trader Program

Watchlist

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

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

TIP: Edumomo Gold members get access to a tutorial on how to trade the watchlist and watchlist recap videos explaining how one should have traded the action.  Remember to watch each new video to help build your experience.

Market can go either way. Nice dip and rally. Market needs to reestablish support otherwise coming days can bring a leg down.

SPY -- Great plan yesterday for the short, although I didn't get my 439 level, down dropped nicely and recovered nicely. --
LEVELS: 437, 440.80, 441, 443.25, 444.25, 445.50, 447, 447.50, 450
PLANS:
AMD -- 112 key for upside, and 104/106 for downside in consolidation mode --
LEVELS: 97, 102, 104, 106, 108, 111, 114, 116, 120
PLANS:
TSLA -- nice range and reclaim of important 665 level. Gapping on supercharger news it seems. Ideally dip and rip off 660/662 likely key --
LEVELS: 595, 630, 645, 652, 661.80, 666, 680, 684, 692, 705
PLANS:
AMZN -- weak action after initial appearance of setup to clear 3300 and reclaim 200dma --
LEVELS: 3180, 3211, 3240, 3252, 3266, 3280, 3295, 3320, 3330, 3360, 3450
PLANS:
FB -- after the tech dump, nice flush yesterday and bounce to test 360. needs over otherwise more lows can come --
LEVELS: 340, 347, 353, 355, 360, 362.60, 364.50, 367, 372
PLANS:
AAPL -- continues to defy market and has strength but if market heads lower and this bid exhausts could be a fast seller. watching trend --
LEVELS: 144.30, 146, 147.50, 150, 151.50, 153, 155
PLANS:
MRNA -- nice dip and once 370 cleared ran hard. looking for dip and rip off 390 and into 410-412. Over 412 can bring some upside --
LEVELS: 300, 340, 360, 370, 374, 390, 402, 401.80, 419, 420, 432, 440, 460
PLANS:
BNTX -- nice double bottom yesterday yielding 50 point rip. --
LEVELS: 320, 345, 355, 370, 380, 400, 440
PLANS:
BABA -- china names gapping up, Ideally china names see pushes to test breakdown / previous support before next leg down. --
LEVELS: 162, 168, 171, 175, 178, 183, 188, 190
PLANS:
FUTU -- gapping up, ideally dip and rip test 97 and fail for next leg down --
LEVELS: 66, 77, 84, 89, 93, 94.50, 97, 101, 110
PLANS:
UPST -- offering. 188 needs to hold for upside. --
LEVELS: 145, 168, 188, 196.50, 205, 210, 220, 223, 248
PLANS:

If there is a ticker you want levels for not on the watchlist, ask me for levels in discord and will respond when I have time.

Post Earnings Plays

TGT -- if can't recalim 254, has plenty fo downside room --
LEVELS: 235, 238, 242, 246, 250.50, 255, 257, 261
PLANS:
LOW -- after HD's action going to be interesting. need to look for trend. --
LEVELS: 162, 175, 177, 180, 183, 185, 189, 193.50, 198, 198, 205
PLANS:
SE -- nice bear and defying market but be careful, basically testing price target upgrade levels --
LEVELS: 270, 288, 302, 307, 317, 322, 338
PLANS:

Swing Idea

We are thinking about doing a separate watchlist dedicated to swing ideas. What do you think?  DM @spectre_trades on twitter with your thoughts.

Finally getting a dip on btc names, on watch for opening a swing.

MARA -- Looking for dips to establish swing long --
LEVELS: 28.75, 30.60, 33, 35, 37, 41, 45
PLANS:
RIOT -- Looking for dips to establish swing long --
LEVELS: 26, 29.50, 32.80, 34.35, 35, 40, 40.50, 50
PLANS:
MSTR -- looking for profit taking and then more upside --
LEVELS: 650, 680, 710, 733, 760, 780, 820, 832, 870
PLANS:
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.

spectre_trades


Momentum Trader. Technical Chart Analyst. Always on the hunt for 3x or better reward to risk.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!

>