Top Options Trading Picks for the Week | Stock Analysis & Key Levels 📈

Discover the best stocks for options trading this week. We analyze support and resistance levels to help you develop an effective trading strategy. Stay ahead with our weekly watchlist!

Trade Brigade2.9K views27:10

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During the Weekly Watchlist we review the best stocks for options trading. We go over key levels of support and resistance and create an actionable game plan for the week ahead. ► 1-on-1 GUIDANCE CALLS: https://tradebrigade.co/1-on-1/ ► SWING TRADE NEWSLETTER: https://tradebrigade.co ► USE THIS BROKER FOR INVESTING: https://m1.finance/LjyOHWmOSxEu ► INSTAGRAM: https://www.instagram.com/tradebrigade.co ► DISCORD: https://discord.gg/MNykREw The SPY remains in a four-week balance area that is sitting on top of a longer term balance. We talk about the concept of the market moving from balance to excess and back to balance, and with another shortened trading week we are expecting to remain within that four week consolidation period. As long as we defend the bottom edge of the consolidation, there is no reason why the path of least resistance will not continue to be up. One concern is that the QQQ is sitting at all time highs however our major tech companies are mainly sitting right at the 50% mark of their most recent ranges with only AAPL and MSFT forming bullish flag patterns on the daily time frames. IWM continues to be on fire offering NO pullbacks what so ever. Do keep in mind that when it does pullback, it is notorious for seeing deeper and more aggressive sell side action. We also cover the following stock tickers in the quick fire round: JKS, PLTR, TTD, SNAP, ADBE, JNJ, SPCE, IPOC, FDX, BTC (Bitcoin Futures). 0:00 – Intro 0:35 – Broad Market 07:42 – Core Companies 17:20 – Bonus Companies If you're a day trader looking to make fast money online, you certainly need to keep these areas of support and resistance in mind, as well as any technical patterns, before the opening bell on Monday morning. Stock analysis like this will save you a ton of time. Going into the day with a plan is important and will give your options trading the edge you need to be a successful retail day trader. This stock analysis gives you that edge. Instead of looking at stock market news and googling 'stocks to trade today' or best options to buy today, every Monday morning, technical analysis makes my job a lot easier. A quick glance at the stock chart can tell me where to expect buying and selling battles. SPY QQQ IWM AAPL NFLX TSLA BABA FB NVDA MSFT AMZN — These are the stocks that are always on our options trading weekly watchlist. Some people call them hot stock picks but we like to call them our ATM. DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.
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Published
Dec 27, 2020

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