https://screencast-o-matic.com/watch/creTq4VVt2D Tech continues to show weakness while SPY is putting in a strong pullback reversal candle at major support. The pandemic beaten downs are almost all putting in strong reversal candles (bullish engulfing, tails, piercing patterns). The question is, is this a strong signal or is it yet another fake-out. You have two choices here 1) take a low risk small position here knowing you can very easily get stopped out 2) wait for confirmation. Neither is right or wrong, it's up to your own strategy. Remember these areas are very news sensitive and reactionary. Stocks in play include SPXL, POLA, BLDR, SOLO, NIO, TSLA, ORCL, SBUX, BYD, PLAY, EAT, M, KSS, TRIP, CAKE, DKS, RL, LUV, WYNN, DIS, GME, RIOT.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: Still holding AAPL,TLRY.https://screencast-o-matic.com/watch/creTq4VVt2D
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
March 25, 2021

