On watch 12/20/22 from Emil

by | Dec 20, 2022

 

SMMT – nice follow thru b/o per plan will be watching 4.5 for a stuff and short volume not really there for a sustained move but we’ll see

SLNO – big sit back later in the day will watch pops against 1.75 for a short

RNA – same plan as yesterday so far holds the trend pretty well so build up above 18 then perk mid-morning towards 21 really needs to open up in order to be a good short

ICCM – good news but went way higher and chasers got crushed AH and more more in PM most of them gonna want out at any price so looking for a spike towards 5 then resume to more unwind

SPY – if will manage to clear 381 will watch dips afterward for a long add more only if firms up and holds

0 Comments

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Your email address will not be published.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