Weekly Stock Report

Welcome back everyone. Hope you had a great weekend.   I see very few good setups for this week. I know futures are up as of now but I think if we do get a green open, I would be looking to go short in the near term. I do have 3 stocks that look good on the upside though.   Below are stocks that look good to me for UP move.   TGT May 07, 2021 210c Chart starting up and a move back to ATH seems likely soon. UAL May 07, 2021 55c Nice looking chart and had a good bounce from support after earnings drop. WMT May 07, 2021 140c Chart turning up. A move to 142 seems likely in near term.   Below are stocks that look good to me for DOWN move.   ADBE May 07, 2021 505p Chart starting to turn down. If 505 breaks, then 500 should come quickly. CRWD May 07, 2021 205p Chart turning down. Test back to 50dma seems likely soon.

Quite a volatile week we had. There are still plenty of earnings to go so next few weeks will be similar. It was a pretty decent week with the watchlist.   Position Entry Exit G/L % Comment ABNB Apr 30, 2021 180c 130 350 169 Got a very good entry on Monday. It was strong almost all week. DKNG Apr 30, 2021 60c 60 200 233 Got this on Monday too and it went up nicely to be almost ITM by Tuesday. EXPE Apr 30, 2021 180c 175 275 57 Got this around 177 on Monday. It went almost ITM by Wednesday. JMIA Apr 30, 2021 35c 30 60 100 Got this around 32 on Monday. It ramped nicely on Monday itself so I got out same day. OZON May 21, 2021 70c 150 100 33 Got on Monday. It started nicely and