Premarket Trading Watch List
Good morning Traders,
With stocks to watch and trades in play, on day trade alert side I’d like to see TL (diagonal trendline) on $OSTK break for a run. Also the overhead horizontal resistance on $AKBA for a run. We got the $IQ yesterday and first part of $OSTK and $AKBA. Check your charts sent out.
Congrats to $MARK longs, I didn’t get it but here’s your key resistance.
— Day Trading Alerts (@DayTrade_Alert) May 12, 2020
On swing trade alert side resistance over head near on $SPY model and $AAPL chart models. Of course we’re swing trading $AKBA and $OSTK also. Managing many others, nothing specifically yet today for new entries, after oil reports API EIA we expect more swing trade positioning / entries. $VIX and $OVX are on close watch for long starts soon-sh (see Sunday Swing Trade $STUDY Webinar video for more). There are countless plays on watch and many in play right now.
Also the $NTRA break out set-up is super interesting here, really strong yesterday – also see the weekend $STUDY videos for this and chart model sent out on Swing Trade Alert feed.
Oil trading alerts Sunday overnight and Monday were super quiet for both myself and EPIC V3.1.1, however, I expect this to change at latest after API could be sooner, for now see hourly for range trade – it’s a range trade because of the time cycle rounding the trajectory per model.
We do have Fauci speak today so go easy.
Will be in live room and will get on mic if active trade starts.
Beach Side Video from yesterday with some comments to above trading.
— Curtis Melonopoly (@curtmelonopoly) May 11, 2020
Any questions let me know!
Article Topics; premarket, stocks, commodities, watchlist, $MARK, $AKBA, $OSTK, $IQ, $NTRA, $VIX, $OVX, $CL_F, $USO, $SPY