Hey guys , this is my watchlist for tomorow. I only have one stock to watch and maybe I will be able to do my first trade because this is a long position and like I said i can't short so there you go:

 

MEET: Why I like this stock:

• There is a good uptrend flag pattern.
• The candle of today break the resistance of the flag.
• The stock went huge today and close very strong for a gain of 9.7 percent.
• The volume was HUGE and was above the average volume and above the voume of the previous day.
• The MA 200 is below the stock so this is good because tomorow i'm trading in the initial moove of the stock for a long position.
• Also MEET had some good news recently so this is an other reason why I will look for a buy tomorow.
• Also the price today break the 52 week high so this is very strong.

Plan:

• Potentiel Buy
• Entry: 4.81-4.82
• Stop: 4.61
• Target: 5.21
• Risk reward: 2:1
• number of shares: 202
• If the price gap up above 4.82 and run up , I will not trade it.
• If the price gap around 4.82 and stay at that price for a moment, I will buy it.
• If the stock gap down below my stop, I will not trade it.
• If the price gap down above my stop and comeback at my entry price during the day, I wil buy it.

 

 

 

Follow me on profit.ly for more Watchlist and have a good night!!