Friday April 26

Hey there, folks! Morning vibes to you all. Hope you're kicking off the day on a good note. It's been a bit slim pickings this week in terms of opportunities. Conditions have been less than ideal, but hey, that's all part of the game. These quieter times often set the stage for future opportunities to shine. So, let's exercise some patience and keep an eye out for those setups to take shape. Quick reminder: everything discussed here isn't financial advice. Plus, any trades we make are just paper trades on this watchlist.

ANET(4HR)

Bullish Indicators:

  • Candle close above the EMA 9
  • Potential bullish crossover in the reversal zone on the Daily

AVGO(Daily)

Bullish Indicators:

  • Candle close above the EMA 9
  • Potential bullish crossover in the reversal zone on the Daily


CPRT (DAILY)

Bullish Indicators:

  • Potential bullish crossover reversal zone.
  • Candle forming above the EMA 9


This information does not constitute financial advice. I share trading ideas, and their success depends on unpredictable catalysts. If you decide to participate, please set both a Stop Loss and a Take Profit.

I want to emphasize that the focus list below represents the assets I'm monitoring at the market opening. It's essential to clarify that their presence on this list doesn't necessarily indicate that I'm making purchases. Rather, I'm keeping an eye on them for potential swing trading opportunities.


INVERSE ETFS

If the market starts to show weakness then play these Inverse ETFs for a quick intra-day trade (Do NOT Hold Overnight) Last week we had major intraday swings on many of these inverse ETFs. For instance, one-day SQQQ swung 9%. Best way to play these is when the market opens flat or green and then begins to show weakness.

When the technology Sector is showing weakness: 

 SQQQ:  INVERSE -3x

 TECS:   INVERSE -3x

 CLDS:   INVERSE -2x

 WEBS:  INVERSE -3x

 When Financial Sector is showing weakness:

 FAZ:    INVERSE -3x

 BNKD:  INVERSE -3x

When Semiconductors are showing weakness: 

 SOXS:  INVERSE -3x

 When S&P 500 Showing major weakness:

SPXS:  INVERSE -3x

 SH:    INVERSE -1x 

 SPXU:  INVERSE -3x

Complete and Continue