Video: https://youtu.be/qeH6xG8o-J8Next Mentorship Session Sunday 7/22: https://register.gotowebinar.com/register/2552358643027457Mentorship Recording : https://blog.bullsonwallstreet.com/swingmentorship/Exciting day today as NFLX put in a huge gap down reversal that took the market both down and up, with QQQ hitting all time highs and bouncing off the 9ema and finally bouncing off the key $280 level. While it's an odd way to get there, this is exactly the move we were hoping for as the week began.There is a good lesson to be had today from the NFLX and IQ gap downs (see video for more discussion). Remember not to panic when caught in a gap down. For those of you who exited IQ after hours, this lesson is especially important because the stock was not even close to stop level. Remember after hours is full of over-reactions, which is why gap down reversals is a bread and butter setup.Retail lead the market today, with many of our retail focus list stocks bouncing. I added KSS as it bounced off support and put in a textbook trend pullback setup.Today's focus in play: DECK, NFLX, NVDA, M, RL, LULU, SHAK, SPOT, BABA, UA, TSLA, LABU, TQQQ, SOXL, RETLIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Added KSS. Still holding BRZU, IQ, HUYA.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/29 Essential Trading Posts: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
