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Trading Watch List 07.29.2019

szaman — Sat, 27 Jul 2019 15:10:52 +0000

SPY following through with breakout. Strong market and so many actionable trading setups! Our watch list names continues to do well. TTD,FSLY,DBD some of the runner on Friday. Here is my stock trading watch list for 7/29:

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– New Discord Chatrooms

– Actionable daily day trade and swing ideas

-New On-Demand Day Trading and Swing Trading Bootcamp (Updated every month with new content)

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– Bi-Weekly Mentorship Sessions with Paul Singh

-Daily Watchlists

– Charting Layouts and Stock Scans

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Next Monday, July 29th, we are doing a free chat day with our day trading chatroom. During the free chat day, you get to watch Kunal day trade live on screen share. Watch all the day trading setups and trades we take in real-time, and see all the scans, charting layouts, and other gimmicks of our trading style!

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AXSM 28 long base breakout watch.

ZIOP 6.25 base breakout watch.

ROKU Setting up for a breakout again.

NVTA Breakout watch over 26/26.77.

CTVA 28.50 range breakout watch.

WORK Narrow range. Should make a move soon. Watching 34.50 area for a long.

RVLV Another IPO with narrow range. Watching which way range expands.

STNE 20 MA bounce. Watching on red to green type move for bounce continuation.

TSLA Holding 50 MA. Watching for build below 230 for a bounce trade.

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Trading Watch List 07.24.2019

szaman — Tue, 23 Jul 2019 22:55:57 +0000

SPY 20 MA defended on Monday and another wedge breakout Tuesday. All is well for bulls over 20 MA. Watch list names, BYND, CRWD gave some huge trading opportunities . Earning season is in full bloom. We will be mostly focusing on earning related names in chat room. Amazing range on some these earning plays. Here is my stock watch list for tomorrow:

We just launched a brand new website with brand new day trading and swing trading chatrooms. Here is a breakdown of all the new features of the new chatrooms:

– New Discord Chatrooms

– Actionable daily day trade and swing ideas

-New On-Demand Day Trading and Swing Trading Bootcamp (Updated every month with new content)

– Live Market Recaps 3x a Week with Kunal

-Sunday Market Huddle

– Bi-Weekly Mentorship Sessions with Paul Singh

-Daily Watchlists

– Charting Layouts and Stock Scans

– Invitation to Live Events

Sign up for our day trading chatroom by clicking here.

Sign up for our swing trading chatroom by clicking here.

Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman

PINS Closed over 50 MA resistance. Last time when it happened, it had a nice follow through back in June.

CYBR 144 should get this going again.

MDLA Narrow candle day on this IPO. Watching over 37.30 for a long.

LULU Bull flag setting up over 20 MA Watching 191/191.50 area.

NIO Flagging over 50MA. Watching 3.50 area.

FSLY Watching over 22.50.

ZM Dips getting bought. Watching over 98.15 od a red to green type of move.

NVTA Watching over 25 for a breakout.

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Trading Watch List 07.22.2019

szaman — Sun, 21 Jul 2019 14:01:35 +0000

Not the best looking candle for SPY on Friday. Spy barely holding short term support 8 EMA. A break below might test 295 and 293.50 gap fill area. Here is my stock watch list for 7/22:

We just launched a brand new website with brand new day trading and swing trading chatrooms. Here is a breakdown of all the new features of the new chatrooms:

– New Discord Chatrooms

– Actionable daily day trade and swing ideas

-New On-Demand Day Trading and Swing Trading Bootcamp (Updated every month with new content)

– Live Market Recaps 3x a Week with Kunal

-Sunday Market Huddle

– Bi-Weekly Mentorship Sessions with Paul Singh

-Daily Watchlists

– Charting Layouts and Stock Scans

– Invitation to Live Events

Sign up for our day trading chatroom by clicking here.

Sign up for our swing trading chatroom by clicking here.

Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman

BA Looks interesting for a range breakout.

CRWD Breakaway gap with earning. Should follow through in coming days.

CHWY IPO breakdown watch below 30.

TVIX If market weakens, this could catch a trend line breakout pop.

ESTC Extended run and having issue getting over 100. Will be watching for a quick short trade.

FLSY Watching over 22.50.

ZM Beginning to look like a bear flag.20 MA needs to hold.

ROKU 8EMA,106 needs to hold else might have a flush to 100.

Closed above 174 resistances. Watching intraday dips for day trades.

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Trading Watch List 07.17.2019

szaman — Tue, 16 Jul 2019 21:55:13 +0000

Slight pull back in the Market. Nothing worrisome, needs to base around over 8 and 20 day MA. Regardless of the Indices, individual stocks keep on rocking. ROKU alert was triggered at 105 and ran to high of 113.94. Sometimes , all you need is that one great trade! Slim picking going into tomorrow as far as watch list. Needs some basing to form new setups. Big tech earning kicks off with NFLX after close Wednesday. Should get some reaction in tech names. Here is my watch list for Wednesday..

ROKU 105 alert ran to 113.44. I think it might try 115. Worth a watch on red to green at open.

We just launched a brand new website with brand new day trading and swing trading educational packages. Here is a breakdown of all the new features of the new packages:

– New Discord Chatrooms

– New Chatroom with Paul Singh

– Actionable Day Trade and Swing Trade Ideas

-New On-Demand Day Trading and Swing Trading Bootcamp (Updated every month with new content)

-Live Market Recaps 3x a Week with Kunal

-Sunday Market Huddle

– Bi-Weekly Mentorship Sessions with Paul Singh

– Daily Watchlists

– Charting Layouts and Stock Scans

– Invitation to Live Events

For the next two weeks, we are offering a 50% LIFETIME discount off all chatroom subscriptions (Offer ends tomorrow!):

Ends tomorrow! Get 50% off our day trading chatroom by clicking here.

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STNE Resting after gap fill. Should get going again over 35.

IOVA Flagging here. Watching over 25.

ZM 20 MA pop idea worked well. Now needs to get over 100 and stay there.

LULU 191.50 should get pop.

NUGT Gold miner ETF,29.80 is a spot now.

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How To Day Trade Tesla | Momentum News Play

Kunal Desai — Sun, 12 Aug 2018 14:23:47 +0000

TSLA has been one of the most controversial stocks this year. There have been some serious doubts about Elon Musk’s ability to get the company profitable in the future. TSLA surprised everyone with their earnings results (or at least how the market interpreted them), and the stock had a huge squeeze last week.

Despite all of the concerns behind the fundamentals of the company, the stock is approaching all time highs near 400’s. Musk added more fuel to the fire by saying he is considering taking the company private at $420 a share. All this news created some great momentum in TSLA stock, and we had some great day trades on it. Here is a video recap of how we traded TSLA last week:

HUGE Short Interest

TSLA was on my radar last week after it gapped and it ran in response to better than expected earnings results. TSLA has a enormous amount of people short the stock, with over a quarter of the float short, according to shortsqueeze.com. This means when the stock gaps up and breaks out like it did last week, there will be a lot of people underwater and possibly looking to exit their position.

Many people are daunted by the share price of TSLA, and don’t day trade it because they perceive it to be too expensive. The share price of the stock doesn’t matter when you are looking at something to day trade, its the range it has. It has a 20-30 point range on some days. Even if you only by 50 shares of it and you only capture 10 points of the range, you will still make $500.

VWAP Pullback

The VWAP pullback was the setup we used the other week to trade IRBT. We used it again to get a low-risk high reward entry on TSLA. It is one of the best setups to use for afternoon trading. I missed the opening move on TSLA, and I didn’t want to chase it. I finally got the pullback to VWAP and I took a long at around $360, and sold it on the spike towards $370. Unfortunately I didn’t hold any shares through the new halt! Learn more how to trade VWAP pullbacks in this article here.

Always Respect Price Action

TSLA in the past several years is a great example of the importance of respecting price action. The company is not profitable, and there are reasons to think that the company may never be profitable. There is a good fundamental reason to be short the TSLA stock. But there is no technical reason. Take a look at its weekly chart:

The stock is in an UPTREND. You can see how every dip gets bought up. You don’t short stocks in a strong uptrend, at least for extended periods of time. Wait for the backside and join the trend, instead of trying to pick a top. There are plenty of junk companies that continue to run despite having questionable fundamentals. You cannot short something just because it has questionable fundamentals. You need to align it with a technical pattern, so you know there will be a high probability of there being more sellers than buyers so that the stock will depreciate in value. Not respecting price action as a short seller is the easiest way to blow up your trading account.

What are your thoughts on TSLA? Tweet me and let me know.

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