I spend a lot of hours on the weekend going through charts to help me plan for the week ahead. Typically, the majority of new positions I enter come from my weekend watchlist. Of course plans can change as the week progresses, but I like to have a plan and a focused watchlist when the week begins. Below are some charts that caught my eye during my review today. There are quite a few. All are long setups that I’m only interested in above the highlighted areas. Some are breakouts and some are pullbacks to potential support. Keep in mind it is still earnings season so it’s important to check reporting dates. Without further ado let’s get to the charts.
There are are a lot of good setups out there in my opinion. No matter how good the setup, I’ve learned it’s extremely important to manage expectations and follow your process in every trade. Hope you all have a great weekend.
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