What Our Watch List Was All About On Oct. 31st Read This
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Each trade is made with detailed precision, using both technical & fundamental analysis. The framework laid out for each trade normally takes many hours, days, weeks and even months going back as far as 20-30 years on a particular stock trade.
We were not in a position to release the trades in our watch list for today, however here’s a good example below what we recommended today.
For those traders who have interest in receiving a live watch list for a trading day this week simply click the above or below link and we’ll email it to you.
BTUUQ – Bearish, expecting to see $6.50s early this week, short it.
ORIG – Gap waiting to be filled @ $1.07 for those of you looking to dip buy which is the best thing to do with ORIG from my experience trading it, simply wait until the gap closes from $1.07 if you see a bounce / price trading @ $1.10 then buy ORIG with a stop @ $1.03 PT $1.30s
HMNY – I need people watching this closely, alert me once the gap closes @ $5.80, if you see a small bounce off $5.80 buy with a stop loss @ $5.60 PT $6.50s this is just a waiting game, pure price action based off the gap close very simple to do.
LXRX – has been on a huge downtrend for nearly a month now, formed a dragonfly doji on the one day candle from Friday, use pure price action for this trade. If these two support levels hold buy and hold off a small bounce $14.75 – $15, If $14.75 cracks short the breakdown, use tight stop losses.