Posted by: Sajha dot com March 12, 2017
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Here is my watchlist for this coming week. All the flagged ones I am looking for short setup and the rest for Long setup. I also look for stock that is gapping up pre market to add in my watchlist everyday to day trade. In and Out.
Gold is looking to rebound therefore I am looking to short via $DUST(Inverse ETF for gold) - this one has better range and nice price action.
$NVDA still showing short term bearish signal.
$SHLD I am looking for continuation move from Friday. Lots of short here. Might get some squeeze.
$IBB (Biotech ETF) looks like it is going to breakout so most of individual biotech stock I am looking for long setup intraday like $CLVS, $ACAD ...
I am just not going to jump in the trade. I will have to see the setup that I like such as spike to resistance , flags and so on with good risk to reward.