https://screencast-o-matic.com/watch/c0nnYAVxwKnPost Fed Day bounce as the market continues off yesterday's strength. We now have our first higher low and higher high that breaks the year long bear market downtrend. This is a positive signal indicating the downtrend could be over. Keep in mind that is a big "if" and we should be prepared for Plan B (see video). Although we have very strong positive signs, the market is extended so I took profit in SQ and exited CELH. There are now no positions but will look to add aggressively on an orderly pullback or inside day setups (see video). First quarter earnings season continues to show strength, with plenty of breakouts and many of the breakdowns reversing quickly. We are seeing more "gap down reversal" setups emerge. Stocks in play include BYND, COIN, FVRR, U, SKLZ, DASH, FSLY, WISH, OTLY, DOCU, ASAN, MDB, DDOG, TDOC, RBLX, RKLB, DOCU, ABNB, UBER, BMBL, ETSY, IDXX, NFLX, OKTA, UPS, ALGN, ELF, PTON, RACE, SNAP.Gameplan is to enter new positions on pullback from these short term extended levels.Current positions: Took profits in SQ and stopped out CELH.Big Tech Stock List: AAPL, META, MSFT, NFLX, GOOGL, AMZN, MSFT, NVDA, CRM, ORCL, AMD, TWTR, DIS, JETS, BJK, PEJ, RSP, QQEW, EWZ, FXI, Key ETFS: SPY, QQQ, IWM, UUP, UVXY, ARKK, IGV, SMH, XLC, IPO, XLF, XRT, XHB, XLV, IBB, XBI, XLE, USO, DBA, DBB, XME, GDX. GLD, SLV, TANhttps://screencast-o-matic.com/watch/c0nnYAVxwKn
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
February 2, 2023

