Tuesday’s Watchlist Results – Nov. 4th.

So the watchlist was not a great watchlist. It was many stocks that were very low volume stocks. And some SUNV is an OTC stock. I want to stay away from OTC stocks for options trading.

Stock Close Change Volume Notes
EFG 48.22 +2.68 (5.88%) 361,061.00 OK Volume.
SUNV 0.640 -0.020 (-3.03%) 130,320.00 Low Volume. OTC stock.
IRY 26.72 +0.82 (3.15%) 900.00 Non existant volume.
GILD 47.07 -0.24 (-0.51%) 9.99M Above MA 20. Might be consolidating here. Seemed to bounce off of resistance.
DUK 16.92 +0.25 (1.50%) 12.17M  
LNC 22.81 +3.07 (15.55%) 5.58M  
BRCD 4.14 +0.22 (5.61%) 6.25M  
YUM 30.60 +1.00 (3.38%) 3.38M  
DTE 38.11 +0.09 (0.24%) 1.78M  

Watchlist – Nov 4th.

With election day, it will be tough to navigate the markets. It might be best to not play. However, in general using some candlestick patterns here’s a watchlist.

Bullish Abandoned Baby

  1. EFG
  2. SUNV
  3. IRY

 

Bullish Engulfing

  1. GILD – Target $50. Higher volume than yesterday.
  2. DUK – Target $17.30 – $18. Volume bar low than yesterday.
  3. LNC – Not above 20 MA Yet. If breaks on 5 min and holds then Targets $26 – $30. Higher volume last bar.
  4. BRCD – Above 20 MA. Declining volume. Might have a quick play. Not a target higher than $4.1. Next stop $6. MACD higher lows. Price falls straight without making many lows.
  5. YUM  above 20. MACD higher lows. RSI almost crossing 50. Volume lower. If crosses $31 then might go to $32.
  6. DTE – Higher volume. Target almost $41. MACD RSI heading higher.

     

    Bullish Morning Doji Star

    1. SEPR – Above 20 MA. MACD makes higher lows. RSI is making higher lows. Small volume.

       

      GILD & YUM are the best candidates.