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.