#tradingtips
#EndofDayScans #free scans

Bullish Scan for 2nd Day Continuation
https://t.co/NywR2hxKhM

Bearish Scan for 2nd Day Continuation
https://t.co/AfNLATYnGm

Save them, Can find good plays long/short using them for next day
I gave many winners here using same🙏

#OrientElec #Watchlist
~ Listed in 2018 and has been growing strongly
~ >75% rise in EPS in last 3 qtrs accompanied with >25% sales growth in last 2 qtrs
~ Forming a Cup with handle base for last 4 months with pivot at 335

📚Thread: How I Make Watchlists📝

There are countless ways to make watchlists. Each trader looks for particular things in a setup that fits their style. There is no science here. My goal is to share a simplistic strategy on how to become SELF-SUFFICIENT with watchlists. 🤝

There are 3 points I want to speak to:

1. I have extensive stock watchlists based on tickers I have either played in the past or have been watching with the intent of playing in the future. Especially with options, it is hard to jump into a stock not knowing how it acts.

For me, is crucial to study the price action of a stock, as well as how its premium and options spreads move before I am fully comfortable trading it regularly.

Start with sector watchlists. In addition, have one "general" watchlist with assortments of familiar & trending stocks

2. Now that I have a large sample size of stocks I have kept an eye on for some time, I will shuffle through their charts when looking for possible high risk/reward plays.

I look for charts with significant breakout or breakdown potential. If it is easy to identify both

support AND resistance targets without too much choppiness in the chart (small distance between targets), I would consider it high risk/reward. When a chart displays ample movement in the past, they can be great plays either way, which is why I give both call and put targets.

#VidhiIng #Watchlist
~ Smallcap stock making synthetic food colors
~ Strong growth in last 2 qtrs with sales rising >40% and EPS growing >20%
~ Broke out of a long base in March on huge vol and has been forming a Volatility contraction base after the swift upmove
~ Pivot at 232