Monday, April 11, 2016

Watchlist 4/12/16

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) - 204.02
Market gapped up to 205.25 on the open and traded up to 206 where it failed again.  Then traded all the way back down to 204.  Right now 204 and 206 are key levels.
Support - 203.50 / 202.50 / 201.75
Resistance - 205.80 / 206.50
Fresh News (Catalyst) - (These get updated the morning of the trading day).

JNPR - 24.90 - Guided down on EPS 20% and Revenue 8%.  Set to open 23.20
Support - 23 / 23.20
Resistance - 24
Avg Daily Vol - 6.6M
ATR - .51
Short Interest - 2.45%

FAST - 46.94 - Hit EPS but sales 2% light.
Support - 44 / 45.20
Resistance - 47
Avg Daily Volume - 3.6M
ATR - 1.10
Short Interest - 16.07 

HZNP - 18.12 - Negative mention on mad money.  Re-affirmed guidance. Opened 14.96.
Support - 14 / 15.20 / 15.40
Resistance - 16.60
Avg Daily Volume - 3.9M
ATR - 1.19
Short Interest - 10.24%
 
Second Day / Technical Plays 
RLYP - 22.73 - Had huge move +67.37% on huge volume 21.3M followed by inside day.  Huge levels are 22 and 24
Support - 21.75 / 20.90 / 20
Resistance - 23.75 / 25
Avg Daily Volume - 2.46M
ATR - 1.90
Short Interest - 32.91%

AGN - 228.37 - Huge sell off as deal with PFE fell apart.  Announced in post market both sides would walk away from the deal.  Continues to offer short set ups
Support - 228 / 226.50
Resistance - 230 / 231.50
Avg Daily Volume - 3.56M
ATR - 10.35
Short Interest - 1.47%

PANW - 140.44 - Analyst downgrade to sell.  Down 5% on volume and closed LOD.
Support - 140 / 136.50
Resistance - 142.30 / 144.50 / 148.50
Avg Daily Volume - 2.33M
ATR - 5.46
Short Interest - 8.38%

AG - 7.55 - Closed at new 52W high and closed HOD. 
Suport - 7.50 / 7.30 / 7.35
Resistance - 7.60 - Clean chart after
Avg Daily Volume - 3.17M
ATR - .41
Short Interest - 2.75%




 

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