Hey guys, this is my watchlist for tomorow. I hope you like it so there you go:

 

AKS: Why I like this stock:

• There is a really nice flag pattern.
• The candle of today broke the resistance of the flag with a lot of strength and also broke a big resistance line as you can see.
• The candle was very very strong today because they have good earnings and did finished near it's high so this is strong. The stock gain 14.02%.
• The volume was huge and was above the average volume and was above the volume of the previous day.
• The MA 200 and the MA 50 is below the stock and i'm looking for a buy tomorow so I'm trading with the stock and not against it ( really important).
• The MA 10 as you can see is just below the candle of today so this is a nice support for the candle to move higher.
• Also, the inustry of this stock was one fire today so this bring more strength for a bullish move. I look at the chart of the industry and I see a great retracement so this is good for a bullish reversal!

Plan:

• Potential buy
• Entry: 6.31-6.32
• Stop: 5.80
• Target: 7.23 ( sell half of my shares)
• Risk reward: 1.8:1
• Number of shares: 46
• If the price gap up above 6.32 and run up fast, I will not trade it.
• If the price gap around 6.31 and stay for a moment at this price, I will buy it.
• If the price gap down above my stop and then fall down durind the day below my stop, I will not trade it.
• If the price gap down above my stop and then run up during the day at my entry price, I will buy it.
• If the price gap down below my stop, I will not trade it.

 

 

CNX: Why I like this stock:

• Nice uptrend flag pattern.
• The candle of today broke the resistance of the flag with strength.
• The candle of today finished very strong near it's high and gain 6.87%. Like AKS, they have good earnings ans the stock move a lot.
• The volume was huge and was above the average volume and was above the volume of the preivous day.
• The MA 200 and 50 is below the stock and i'm looking for a buy tomorow so again i'm trading in the right direction and not against it.
• The industry was on fire today and by looking at the chart, I can see a nice flag pattern so this bring more strength for a bullish move tomorow.

Plan:

• Potential buy
• Entry: 18.51-18.52
• Stop: 17.80
• Target: 19.93 ( sell half of my shares)
• Risk reward: 2:1
• Number of shares: 32
• If the price gap up above 18.52 and run up fast, I will not trade it.
• If the price gap up around 18.51 and stay for a moment at this price, I will buy it.
• If the price gap down above my stop and then fall down during the day below my stop, I will not trade it.
• If the price gap down above my stop and then run up during the day at my entry price, I will buy it.
• If the price gap down below my stop, I will not trade it.

 

 

 

XYL: Why I like this stock:

• Nice uptrend flag pattern.
• The candle of today broke the resistance of the flag with strength.
• The candle of today finished very strong near it's high and gain 1.99%.
• The volume was high and was above the volume of the previous day. ( The volume was not above the average volume but I see that the volume increase compare to the recent days so this is good).
• The stock made also his new high of all time so this is very strong for a bullish move.
• The MA 200 and 50 is below the stock and that's what I want because I will look for a potential buy tomorow.

Plan:

• Potential buy
• Entry: 48.05-48.06
• Stop: 46.95
• Target: 49.98 ( sell half of my shares)
• Risk reward: 1.75:1
• Number of shares:21
• If the price gap up above 48.06 and run up fast, I will not trade it.
• If the price gap up around 48.05 and stay for a moment at this price, I will buy it.
• If the price gap down above my stop and then fall down during the day below my stop, I will not trade it.
• If the price gap down above my stop and then run up during the day at my entry price, I will buy it.
• If the price gap down below my stop, i will not trade it.

 

I know that this stock is expensive compare to the others but I focuse more on the percentage than the money so the price should not be a obstacle for you.

 

 

Follow me on profit.ly for more watchlist guys

I really hope you like this watchlist and thanks for your time.

Keep grinding!:)