QQQ bounce day after Monday's sell off . I wrote about a divergence correction possibility on my weekend post, so far we got a quick correction. Not sure if that was the end of the correction but QQQ 305 short term line in the sand for now. Rotation back to energy and commodities names. Names like APA, CNQ, HAL, DQ, SLCA etc.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Get access to our accelerated day or swing trading course with over 20 hours of content, access to our trading chatroom, live market commentary, and much more. Learn what it takes to succeed in the best profession in the world.
Here is the watch list and game plan:
[caption id="attachment_61326" align="alignnone" width="800"]
ABNB Trying to come out of the wedge. Watching 150-152 area.[/caption][caption id="attachment_61325" align="alignnone" width="800"]
HYFM IPO breakout watch.[/caption][caption id="attachment_61324" align="alignnone" width="800"]
CRWD Bounced near 20 MA. Needs to take out 214 level.[/caption][caption id="attachment_61323" align="alignnone" width="800"]
QS 61 is a spot to squeeze more. Watching on a build below.[/caption][caption id="attachment_61322" align="alignnone" width="800"]
PLL 33 range breakout watch.[/caption][caption id="attachment_61321" align="alignnone" width="800"]
LPI Oil names on the move. Keeping an eye. APA, HAL, CNQ,DQ few others.[/caption][caption id="attachment_61320" align="alignnone" width="800"]
PENN Bullish candle off support. Continuation watch on red to green.[/caption][caption id="attachment_61319" align="alignnone" width="800"]
CHGG Nice pull to 20 MA and bounce, expecting this breakout again.[/caption][caption id="attachment_61318" align="alignnone" width="800"]
VERU Watching on red to green over 10.[/caption]
Free Options Class With Paul Coming Up
