Here’s my favorite way to find and execute plays on weak stocks

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Here’s my favorite way to find and execute plays on weak stocks

This simple approach is highly slept on and has been delivering us great trades for years! Here’s how it works.

Watch these 2 key support levels…

• Previous Day Low

• Pre Market Low

If the price of a stock is below both of these key levels, it’s a prime candidate for continued weakness that day. Focus on puts!

From there I use the same basic principles of the 2 minute strategy that I teach on here daily to find my entry points and play the trend.

Here’s a detailed example of this exact setup from today on IWM 👇

Image

https://x.com/cs_tradess/status/1801501870814597160

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Brando741319
06-16
Brando741319
Good

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Here’s how it works. Watch these 2 key support levels…• Previous Day Low• Pre Market LowIf the price of a stock is below both of these key levels, it’s a prime candidate for continued weakness that day. Focus on puts!From there I use the same basic principles of the 2 minute strategy that I teach on here daily to find my entry points and play the trend.Here’s a detailed example of this exact setup from today on IWM 👇<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f6be3348d949bd1a9800d099e1f98a8d\" tg-width=\"679\" tg-height=\"643\">Imagehttps://x.com/cs_tradess/status/1801501870814597160</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a> <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> Here’s my favorite way to find and execute plays on weak stocksThis simple approach is highly slept on and has been delivering us great trades for years! Here’s how it works. Watch these 2 key support levels…• Previous Day Low• Pre Market LowIf the price of a stock is below both of these key levels, it’s a prime candidate for continued weakness that day. Focus on puts!From there I use the same basic principles of the 2 minute strategy that I teach on here daily to find my entry points and play the trend.Here’s a detailed example of this exact setup from today on IWM 👇<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f6be3348d949bd1a9800d099e1f98a8d\" tg-width=\"679\" tg-height=\"643\">Imagehttps://x.com/cs_tradess/status/1801501870814597160</body></html>","text":"$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Here’s my favorite way to find and execute plays on weak stocks This simple approach is highly slept on and has been delivering us great trades for years! Here’s how it works. Watch these 2 key support levels… • Previous Day Low • Pre Market Low If the price of a stock is below both of these key levels, it’s a prime candidate for continued weakness that day. Focus on puts! From there I use the same basic principles of the 2 minute strategy that I teach on here daily to find my entry points and play the trend. 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