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$IBMIf the numbers are good and this gaps up, I would be looking to fade if it spikes into the monthly pivot around 147. If they miss on estimates and this tumbles, I would entertain bounces in the 132-133 area if it gets there emotionally. |
$NFLXThis name really has just been building a very nice, long base up here. I do think the time for a bigger move is near. Would definitely be willing to scoop longs towards the lower trendline. That would put us right around the quarterly pivot at 483.31. But if we were to gap up big, I would possibly be looking to join the trend. These big names can really get big moves when they finally break out of long bases and even though you may be able to catch a nice fade from certain levels of extension, you're playing a fool's game picking up pennies in front of a steamroller. |
$HOGHave had this idea in previous Sunday Preps for a short idea. You can see it's beginning to seem like it may play out.
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$HOGHave had this idea in previous Sunday Preps for a short idea. You can see it's beginning to seem like it may play out.
Would be excited for an opportunity to fade a hard spike back tin the underside of the 20d/50d. If they miss on numbers and gap down, I could see the argument for a bounce play off the 200d. But I would also be willing to short a pop back into 43ish if they gap down. |
$CROXThis has been such a strong chart. I really think if they miss and you get some sort of decent selloff, it's a great long opp. Probably tons of people that feel they missed the boat on this name just waiting for the day it gives some sort of discount to where it's trading now. The 2 levels of interest for me are 100-102ish and 83. Will depend on where we open Thursday morning after the numbers come out. |
$SNAPSnapchat has been a name I've been swinging and I am still confident we get our targets on the name. So I am using any moves lower as opportunities to add to the swing as well as take daytrades on the name. 55 is the first area of interest on the name and after that it's the 200d. Under 47.5 and I would stop out of the swing. |
$TWTRTwitter would be a long opp on a hard flush to the 50d/monthly pivot area around 60. A gap up and spike towards 79-80 would have me looking for the fade. |
COMMENTS ON AIRLINESA bunch of the airlines are reporting this week but with looming covid resurgence headlines and the majority of them having broken charts, will be leaving them off the prep this week. Will revisit the names after earnings are out of the way and the dust starts to settle. But I very well may still trade them. Just wanted to disclaim why they aren't on the list this week. |
That's it from me this week. Hope you all enjoyed some time away from the screens with family and friends. See you all Monday morning ready to CRUSH it!!! |
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