CAMARO’s Watchlist for 10/23/13
AAPL - Exhaustion gap today, which makes sense given the fact AAPL was up 9 days in a row going into today and really we barely closed red down -.29% . Tomorrow I think we retest the key 507 area again and I will be looking to trade puts down to that level. Watching for 515 breaks and rejections for entries. – Ultimately 507 I believe will be good spot to initiate longs again and I will try to do a two way trade tomorrow. ( short down to 507 and then flip long)
GMCR - bear flagging under its 200day and tomorrow we should its 8ma connect up with the candles which could act as a timer to get GMCR to break even lower. This chart is broken big time. Watch for break under 62.30ish, I think we can see 59s tomorrow.
SPY - I am short overnight using 175x puts and I might be a little early but I think tomorrow we could see a little pullback. Today we closed 4th day in a row above the upper BB line. SPY also hasnt broke under its prior low in 9 sessions. I would use that as a better trigger short. The 8ma is still pretty extended away, 3$ away in fact which is pretty far for SPY historically. If we dont pullback tomorrow then I will begin to expect a more rest/consolidation trade while the moving averages catch up. I am short overnight using todays high at 175.93 as a stop and wanting to see prior low break in the opening 60min of the day.
Did you know that you can watch Stockhaven trade live in real time?
Learn how to daytrade by watching someone else trade! Watchhimtrade.com is the only site that lets you look over the shoulder of a professional daytrader.
Watch this video now where he shows you how it’s possible to make 100% in just 5 minutes!