Watchlist for 9/4/20

Time frames I look at

• 1 year / daily
• 3 year / weekly
• 5 year / monthly

 

$AAPL

• Currently #4 on the weekly / monthly
• DO NOT CHASE backside / weakness
• If weakness is still strong, Puts entry on bounces only
• Patience is KEY
• #5 bounce is THE play
• Support in the $110-$115 area on the daily
• FGD / trend change should be the first signs of #5 to play the Calls
• +$1290 on the name this month
• DO NOT GIVE ANY BACK

 

$TSLA

• Similar thoughts to AAPL
• Currently #4 on the weekly / monthly
• DO NOT CHASE backside / weakness
• If weakness is still strong, Puts entry on bounces only
• Patience is KEY
• #5 bounce is THE play
• Support in the $360-$370 area on the daily
• Next support in the $300-$330 area on the daily
• FGD / trend change should be the first signs of #5 to play the Calls

 

$GOGO

• Hitting 52 wk highs
• Currently in #3 supernova
• The higher the better
• Watching for trend change / convincing FRD to play the Puts
• Only monthly Puts available
• DO NOT ENTER EARLY

 

$DOCU

• Stay at home related
• $290 52 wk highs
• Huge volume past few days
• Would like to see $200 hold, +/- $10
• Good earnings
• Looking for reversal to play the Calls

 

$ZM

• Stay at home related
• $478 52 week highs
• $325 gap to fill
• Potentially more downside
• Looking for a bottom to set and watching for trend reversal to play the Calls

 

$SHLL

• Possible second red day 
• Support in the $40 area
• Not that ideal having missed the FRD
• Just keeping on watch for now
• No real trade plan at the moment