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IBD
17 | Options Trader | Trading Journal 📓

Jul 17, 2021, 11 tweets

My watchlist for this week. Only gna be picking the setups with the best risk to reward. This is my first watchlist I’ve ever posted so it’s probably not the best but I tried :)

Since I’m bearish on tech this week gna be looking for more downside to this and other tech stocks.

But yet again going to be patient and wait for confirmation.

Let the chart guide you.

$SNAP ^

$BCS Going to be watching for trend line breaks but as of now I’m bearish 🐻 on this one

$X

Selling volume rising.

If it breaks through this support I’m bearish 🐻

$SLB

Selling volume rising.

Watching for trend line breaks.

$MOS

I’m kinda seeing a bearish rectangle right now.

Seeing rising selling volume.

Going to let the chart guide me.

$SOFI

I think there’s a low chance we see a support bounce but still a possibility because I do see the the volume decreasing.

If it does bounce though going to let the trend line guide me.

$CVX

Selling volume on Friday.

Watching for trend line breaks

Only watching this one cuz it’s approaching a demand zone and it’s been down trending for a while and I see the selling volume decreasing

Rejected of the trend line I expect to see more continuation to the down side.

Btw the blue boxes are support and resistance areas not supply and demand.

Selling volume decreasing. Going to be watching for trend line bounce but just waiting for confirmation though.

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