On watch 09/06/16

by | Sep 6, 2016

 

THLD – not in a rush to short this pos,ideally will push towards 1.5+ and then back sdie

SPU – looks like a trade that trade than need to set up first,will wait mid morning for a decent r/r to short this one…that if doesn’t make a crazy move in pre-mkt

REN – reactive trades only but at this point a squeeze towards 25 doesn’t look bad..maybe a late day fade

MOMO – will short any move to 25 risking Fridays highs

KONE – on radar for a short,all depends how will act in pre-mkt and after the open,if will have a  weak open I’m going to wait mid morning

EXEL – back on radar in case will reach 12 again trapping longs,then fail there

 

P.S  If you missed these free IU lessons you should look over:

Learn How to Day Trade – Begginer’s Lesson #1

Learn How to Day Trade – Part 2 of the Begginers Guide

Learn How to Day Trade – Part 3 of the Beginners Guide

Learn How to Short Sell Stocks – Part 4 of the Beginners Day Trading Guide 

Day Trading Computers and Software: Part 5 of the Beginners Guide

How to Choose a Stock Broker: Part 6 of the Beginners Guide

 

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