JSC Scan 4/6/20

by | Apr 4, 2020

BBBY- 3.60 guide for a long , this name is wrecked, going to be looking for a swing here if confirms, nice day of major r/s friday

OXY- 12.60 guide for a long

HAL- 7.30 guide for long, will be watching with oil sector

MRO- 3.45 guide for a long/ watching with USO and oil

USO- looking to see if 5.55 firms up for next leg

TDOC- looking for a build over 162 to get long, until this number confirms and holds, will be an avoid for me long side

NFLX- 365 guide for ss

EXPE-47 guide for a long, need to see positive SPY with this for more conviction,

IMAX- 8.80 guide for long

APT- 16.50 guide for a long, think could be a morning momentum trade w/ CODX, see how sector responds

TSLA- looking to see how 490 level responds for trend join

SHOP- 365 guide for ss, still think room for downside here

AMD- 43 guide for ss, see how we open w/ SPY

AAL- looking for higher lows here for the next week, these make take more time to firm up since we are all pretty much locked down, more just keeping airlines on radar for when that happens, until then no size, trying to catch a falling blade here

DAL- same thing here

JBLU- w/ airlines

FB- trend join post 10am

ZM- 124.50 guide for a long

AMRN- 5 guide for ss

LK- looking to fade a small gap in this for the morning, then looking to see if finds higher lows, two way trade here, be nimble, 5.60-.80 confirm will look more for the long

ETSY- 36 guide for a long

 

 

 

2 Comments

  1. Hi JSC, I am Rebecca and new to this community. Could explain more detail about like BBBY 3.60 guide for a long? Does that mean we could potential long if it could hold 3.6 or 3.6 is a good entry if it dips? Thank you.

    Reply
    • It means if the stock maintains above 3.60 then it could be a potential long trade with 3.60 as a support guide or a stop

      Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course