Week of Aug 17th

These are the stocks I’m watching this week and the levels I’m looking to play!


These plays may depend heavily on how the market continues to move. I’m watching SPY to see if we break all time highs and continue to push forward. If the market can’t continue to rally, or takes a big step back, these plays may not happen. To watch market internals I keep watch of: SPY, $ADD, and VIX. 

FB- formed bull flag on daily chart. I like playing it above 265 for calls/ upside. Playing down side at 256/255 to gap fill.  

WMT- if volume is there before earnings I’m looking to play the break of 134 on the upside.

HD- if volume is there before earnings I’m looking to play beak on upside of 283. 

TGT- if volume is there before earnings I’m looking to play break on upside of 137.

AAPL- all time highs break of 464 to play upside or to I’m looking to play gap fills on downside if we break 455.

SHOP- formed bear flag and h on daily chart. Looking to play downside on break of 970. 

IMPORTANT TO NOTE: I am not a registered or licensed financial advisor. This is just for educational purposes only and this is just my opinion. Taking a trade is your personal responsibility and is in no way affiliated with me or, tradeswithrama. 


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