Josh Scan 11/14/22

by | Nov 13, 2022

Lithium- with energy currently one of the strongest trends in the market

SGML- going to be watching support vs 32.27 and then 10/20 emas for the next leg up, many market leaders in this space

ALB- ideally some pullback tighten up and next leg

LTHM- ideally moving averages catch up a bit but may take a shot of this on base above 34 big move recently hopefully we can digest some

SQM- too extended for me here but remains on radar for me if tightens up

FREY- love the weekly setup here will be watching vs 12.50-13, beautiful range on this recently


 

NVDA- up 50% on the month and would love a strong opening push to get short on failed vwap or opening range breakdown, ideally a gap up and push

SOXL- watching with NVDA- ideally rejects 13.50s

BA- needs to consolidate for a couple days/weeks/ HUGE HUGE MOVE for this stock , don’t think it is done, not chasing here

UUUU- am watching for any 7.90/8 breakout

FSLR- go to name within solar, waiting to see how it acts this week ideally MA’s catch up

ENPH- same story

ENERGY- am watching for potential sector turnover into end of year, this is the leadership in the market, but it is cyclical so think next pullback could potential be violent, well see, below are names im staying familiar with .. bigger picture when the 50sma breaking on some of these names for me

XOM

SLB

HAL

OXY

USO

XLE

 

 

1 Comment

  1. Nice one
    Thanks!

    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Your email address will not be published.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