Wednesday, September 15, 2021

Midweek Watch - 11 Long Trade Ideas for Thurs and Friday

Analysis on $SPY, $QQQ, $NUE, $ALLY, $GE, $COF, $DDD, $BBWL, $CAR, $DKS, $CPRI, $LEN, $TOL ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Midweek Watch w Jason (TheGoose) $SPY, $QQQ, $NUE, $ALLY, $GE, $COF, $DDD, $BBWL, $CAR, $DKS, $CPRI, $LEN, $TOL

with Jason - TheGoose
Watch on Youtube


THE LEVELS:

$NUE - NUCOR CORPORATION

MY LEVEL: 107 & 106
WHY:
Fib retrace to the 50-60% area. Good numbers at earnings. Looking at previous low or annual pivot. Closed on highs.


$ALLY - ALLY FINANCIAL INC.

MY LEVEL: 51.70
WHY:
Previous low and 50d SMA.


$GE - GENERAL ELECTRIC COMPANY

MY LEVEL: 100.70
WHY:
Off the 200d SMA and previous day low.


$COF - CAPITAL ONE FINANCIAL CORPORATION

MY LEVEL: 155
WHY
: Previous day low and moved up to the whole number. Monthly pivot. 126d SMA. (6 month moving average)


$DDD - 3D SYSTEMS CORPORATION

MY LEVEL: 29.10
WHY:
Previous day low and 50d SMA.


$BBWI - BATH & BODY WORKS INC.

MY LEVEL: 63.20 & 62.20
WHY:
63.20 = 50d and retrace of 65-70%. 62.20 = Quarterly pivot, previous monthly, and consolidation.


$CAR - AVIS BUDGET GROUP, INC.

MY LEVEL: 86.05
WHY:
Support and previous day's low.


$DKS - DICKS SPORTING GOODS INC

MY LEVEL: 130.20
WHY:
20d SMA, monthly piv, previous low. Testing resistance break.


$CPRI - CAPRI HOLDINGS LIMITED

MY LEVEL: 50.70
WHY
: (from last week's prep). ATR is around $2. 200d and Quarterly Pivot.


$LEN - LENNAR CORPORATION


MY LEVEL: 97.10
WHY
: Monthly piv.


$TOL - TOLL BROTHERS, INC.

MY LEVEL: 59.10
WHY:
Monthly pivot, 50d SMA, and Previous Low. Warning, it has light volume.

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