9/15 Midweek Watch – Life is Precious

by | Sep 15, 2021 | Midweek Watch | 0 comments

THE LEVELS:

$NUE – NUCOR CORPORATION

MY LEVEL: 107 & 106
WHY:
Fib retrace to the 50-60% area. Good numbers at earnings. Looking at previous low or annual pivot. Closed on highs.

$ALLY – ALLY FINANCIAL INC.

MY LEVEL: 51.70
WHY:
Previous low and 50d SMA.

$GE – GENERAL ELECTRIC COMPANY

MY LEVEL: 100.70
WHY:
Off the 200d SMA and previous day low.

$COF – CAPITAL ONE FINANCIAL CORPORATION

MY LEVEL: 155
WHY:
Previous day low and moved up to the whole number. Monthly pivot. 126d SMA. (6 month moving average)

$DDD – 3D SYSTEMS CORPORATION

MY LEVEL: 29.10
WHY:
Previous day low and 50d SMA.

$BBWI – BATH & BODY WORKS INC.

MY LEVEL: 63.20 & 62.20
WHY:
63.20 = 50d and retrace of 65-70%. 62.20 = Quarterly pivot, previous monthly, and consolidation.

$CAR – AVIS BUDGET GROUP, INC.

MY LEVEL: 86.05
WHY:
Support and previous day’s low.

$DKS – DICKS SPORTING GOODS INC

MY LEVEL: 130.20
WHY:
20d SMA, monthly piv, previous low. Testing resistance break.

$CPRI – CAPRI HOLDINGS LIMITED

MY LEVEL: 50.70
WHY
: (from last week’s prep). ATR is around $2. 200d and Quarterly Pivot.

$LEN – LENNAR CORPORATION

MY LEVEL: 97.10
WHY
: Monthly piv.

$TOL – TOLL BROTHERS, INC.

MY LEVEL: 59.10
WHY:
Monthly pivot, 50d SMA, and Previous Low. Warning, it has light volume.

Know why lions are apex predators? They hunt in packs. They're patient and when opportunity meets preparation they pounce. Join a pride of lions that hunt the same prey day-in and day-out. Our strategy identifies stocks that move at unsustainable rates. This works because our strategy is grounded in something that will never change... human psychology. Most services are either pump groups or teach you memorize chart patterns. This is different. We're in, we're out, then we enjoy the rest of our day. Join us and get yourself an edge.