https://screencast-o-matic.com/watch/crnTDVW0exThe market continues to show extreme volatility around support levels and the hammers that formed two days ago. Unlike the past few days, all areas are red today with retail, energy, social media and financials holding up the best. The reddit squeeze stocks are back in play. Today is a good day to sit back, watch, do some research and wait for setups to emerge over the coming days. These key support levels should give us direction soon. Tomorrow is a big day with the "COVID relief bill" potentially passing. The watchlist from yesterday remains the same. Notice that some strong areas like airlines could be putting in bearish engulfing patterns today, if current candles hold.Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB. Beaten downs stocks: UAL, LUV, SAVE, JBLU, WYNN, PENN, LVS, MGM, SHAK, EAT, CAKE, CMG, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, M, WOR, X, CLF, FCX, SIG, CMG, DKS, LULUBig tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRMETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYYCurrent positions: Added X and COUP. Still holding DKS, ROKU, UBER.https://screencast-o-matic.com/watch/crnTDVW0ex
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
February 25, 2021

