Sunday, April 10, 2016

Watchlist 4/11/16

Daily Process Goal 1 - Every day this week playbook the trade set up that made the most sense to you in detail utilizing the template provided.

Daily Process Goal 2 - Build your reasons to sell list for Trades2Hold.

Daily Process Goal 3 - Begin building your if / then statements.

Big Picture (SPY) - 204.49
Futures are up about 60 points this morning which will put SPY right on that 205.25 area that has been a great area to trade around.
Support - 203.85 / 204.10 / 205.25
Resistance - 205.80 / 206.50
Fresh News (Catalyst) - (These get updated the morning of the trading day).

HTZ - 9.70 - Hertz said it anticipates revenue from its car rental business in the US to be lower than expected in 2016, as sluggish demand continues to weigh on the companys results.
Support - 8 / 8.60
Resistance - 10
Avg Daily Vol - 1.9M - Already traded that Pre Market
ATR - .88
Short Interest - 21.70% 

CAR - 24.70 - Down in sympathy with Hertz.  Set to open 23.55.
Support - 23
Resistance - 24
Avg Daily Volume - 6.2M 
ATR - .76
Short Interest - 15.24%
Second Day / Technical Plays 
RLYP - 22.48 - Had huge move +67.37% on huge volume 21.3M followed by inside day.  Huge levels are 22 and 25.
Support - 22
Resistance - 25
Avg Daily Volume - 2.46M
ATR - 1.90
Short Interest - 32.91%
WYNN - 98.78 - Huge move on news on financial personal for Q1.
Support - 98 / 97.75
Resistance - 100 / 101.75
Avg Daily Volume - 4.46M
ATR - 4.41
Short Interest - 17.64%

AGN - 236 - Huge sell off as deal with PFE fell apart.  Announced in post market both sides would walk away from the deal. Bounced yesterday right into resistance.  Could set up another potential short.
Support - 230 / 231.50
Resistance - 238
Avg Daily Volume - 3.56M
ATR - 10.35
Short Interest - 1.47%

GPS - 23.85 - Huge sell off on poor March sales.
Support - 23.71 / 23.50
Resistance - 24.10 / 24.70
Avg Daily Volume - 6.53M
ATR - 1.01
Short Interest - 15.23%

 

No comments:

Post a Comment