$BBBY - Bed Bath & Beyond, Inc.
MY LEVEL: LONG @ 28.20
WHY: Off the previous low (27.87) and Annual Pivot. I wanted to see it make a higher low and need to see if it will clear the previous highs.
$GPRE - Green Plains, Inc.
MY LEVEL: 34.10
WHY: Above the 50d. As long as it stays above the 50d it could be a good trade.
$X - United States Steel Corporation
MY LEVEL: 27.00 - 27.20
WHY: It's hugging the 20d. I don't like that it closed on lows. I take notice that. When it closes on lows I look for weakness the next day. I'm going to watch the action to see if it holds the 27.20 area. If I'm risking a dime or a quarter on a name like US Steel it could be a really great risk reward type play. $1.40 ATR so decent range.
$SNAP - SNAP Inc.
MY LEVEL: 73.50
WHY: Holding support area for 3 days in a row.
$NUE - Nucor Corpration
MY LEVEL: 116.10
WHY: This has been a strong name. Look at the trend. I'm looking for a pull back into the trend.
$JWN - Nordstrom, Inc.
MY LEVEL: 30.00
WHY: Numbers (guidance, top and bottom line, coverage, etc) look good. This feels similar to #STX earlier this week. Should find support off the whole number. If not 30.84.
$URBN - Urban Outfitters, Inc.
MY LEVEL: 35.80
WHY: Right off Quarterly Pivot and support area. Same as $JWN if it holds 8/25's lows I might trade off that level.
$ROST - ROSS STORES, INC.
MY LEVEL: 122.20
WHY: Just below the 50d and previous day low.
$DDD - 3D Systems Corporation
MY LEVEL: 29.00
WHY: 20d and previous day low. I'm looking for a clear away (breakout) above 30.70.
$PTON - Peleton Interactive, Inc.
MY 1st LEVEL: 112.50
WHY: Annual pivot and prior low. It closed close to highs days in a row and you see what it did.
MY 2nd LEVEL: 114.16
WHY: 20d. Which is a 50-60% retrace from today's move. This level may be a starting point for me.
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