https://screencast-o-matic.com/watch/c3hIFXVrbRWAfter many days of red, the market is finally bouncing. However, the bounce is currently stalling at resistance and off morning highs. It also does little to change the overall trend. Next week watch for how the bounce reactions to resistance. The potential outcomes: 1) remount 9ema's setups up next move higher. In this spot we can take a few bullish shots 2) fails at resistance and we establish shorts 3) if outcome 2 happens, then the next leg down will offer a monster bounce play opportunity as fear would likely finally set in and indicators become more extreme. My preference is for 2 and 3 to happen, but we'll adjust to what the market gives us. Stocks in play for potential bounces include: CRWD, SQ, AAPL, AMZN, INTU, TEAM, REGN, PFE, AMPH, X, FCX, CENX, AA, NET, CYBR, DDOG, ADBE, OKTA, SNAP, DPZ, SE.Stocks in play include: CRWD, SE, OKTA, NET, UBER, SNAP, HOOD, COIN, RBLX, PANW, DKNG, PLTR, JNUG, CENX, AA, FCX, NEM, FB, AAPL, AMZN, GOOG.Re-open 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: https://screencast-o-matic.com/watch/c3hIFXVrbRW
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
May 13, 2022

