Long Watch List: Day/Swing Trading Ideas
- SPY/QQQ - pullbacks
- WRC, SRC, Soly, RDN
- Stay long with trend
DAILY CHARTS ON THE RADAR: SRC and WCG strong stock near triple top. Entry is 44.76 on SRC and 289.51 on WCG.
Charts of Interest and Watch List Trades:
MNST: Nice trade from yesterdays watch list. A Break and GO triple top on the daily- .50 stop placed below the 20ema. If holding for a short term swing trade stop moved up to 65.
EXAS trade from yesterdays watch list: Inside bar break at triple top. On the intraday chart broke above entry line with rising 9/20ema with a .75 stop placed below the 20ema. If holding for a short term swing trade stop moved up to106.
Newsletter is provided for educational purposes with an aim to educate traders on short term trading setups through selecting Daily Charts and applying intraday trading setups to help enhance the odds for solid risk/reward trades. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.
Daily Charts: Daily 8 (blue dotted) , 20 (red), 50 (orange), 200 (dark red) - (ema's)
Intraday Charts: 8 (blue dotted) , 20 (red), 60 (orange) - (ema's)
Yellow Lines and Grey Boxes: entry areas to target - Red Lines unfilled gaps