$EFX $ALDX How I create my Watchlist

$EFX $ALDX How I create my Watchlist

Today’s Watchlist for September 14th List.JPG

When you prep for the day and create a trading plan then yuo are able to have an edge by knowing the price levels at which more momentum should be created and more volume.  My watchlists are compiled of stocks which have action happening that morning.  I try to share my watchlists to help you all understand how I trade.

I create my list from the stocks that are active in premarket. Those are the stocks that are in motion with price action and typically volume comes in when the market opens. I look at the premarket as well as left on the chart.

I try to technically analyze the charts to see the most current support and resistance as well as the past levels. When the support is broken I expect it to continue downwards as a potential short. When the resistance is broken I would look for a long with upward momentum.

In reviewing the list SHIP never broke the 1.45 resistance but did break 1.20 and faded down to 1.06.

ALV broke resistance in the premarket to open at 125.47 an ran to a high of 127.62 within the first 30 min.

THC broke support at open and faded to the low of day of 16.51.

ALDX was the superstar of the day when it broke 7 quickly ran up to 7.15 and then the second time it continued up all the way to 11.  An easy 40%+ gain potential on your investment if you could let it run all day.

ALDX.JPG

HALO ran right at open for a nice 60 cent gain. Then it channeled throughout the day and broke above resistance right at close. Will be on watch for continuation tomorrow as well.

NYRT channeled between the support and resistance and never really broke either direction.

HTZ broke support in the first 30 min and continued to fade throughout the day. A nice Short pretty much from open.

EFX broke the support right at open and faded down from 96.36 down to 89.59 and then a bounce up to 99.

BVXV broke the resistance in the first 30 min and hit the hi of day 7.03

FTRPR faded through support at open but didnt do much with only 200K traded all day.

Day after Day these lists perform and once the levels are broken there are profits to be made. When I’m creating the list I look at the charts and the float and short float to see which ones are a priority. To me I believe that ALDX will have a pull back and a further surge on Friday with the lower float and shorts getting squeezed like today.

Trading to me is being present in the price action and letting the market decide instead of hoping or predicting the outcome. When you react to price action and let you winners run and cut the losers you can quickly grow your account.

I had many people ask me how do I create my watchlists and I hope this blog post helps you understand my thougth process in creating the list. I’m looking to start offering the list as an email premarket once I return from my participation in the Trade Ideas Summit in Carlsbad October 1st

If you are interested in receiving my morning watchlist email with the spreadsheet and charts like ALDX, sign up below and I will update once you are able to purchase it to offer yourself an edge on the day. It will be starting off at an affordable $19.99 a month, which is roughly $1 per trading day.

For the second year in a row, I have been asked to give a talk about Trading at an event Sponsored by Trade Ideas. If you are interested in attending in person or online you can sign up here and receive 50% with MEETJANE

I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you have questions or comments you can contact me here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube

My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as  Barnes and Noble, Indigo, Chapters,and more.

If you want a signed copy please go to the book site

The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room.  15% Off First Month or First Annual – Promo Code CARPETPROFIT15

Also Stocks To Trade that has a 1 week $1 trial 

For my charting and level 2 I use Equityfeed.

This blog is for information purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.

1 Comment

  1. Good morning Jane, thanks for sharing your watch list process and morning routine. It’s very helpful and I agree that being prepared makes it much easier to take advantage of opportunities. Thanks again!

Leave a Reply