Trading Watchlist:
1. SUIUSDT
In light of BTC current price action movement, and discussion with Richmond, I assess whether it would be good to enter into SUI long trade.
I concluded that it is still seems too early for a SUI long as the price action appears, currently, be in a strong downtrend.
2. SAP
Submit a take-profit order for SAP as the price action seems like it may tag the support level, then violent bounce up.
3. UAL
Consider taking full-profits out of UAL short trade when the market opens as the price action is approaching the centre line on the parallel channel after a very strong decline.
This is because the centre line on the parallel channel is likely to be a strong area of support, causing the price action to experience a short-term rally.
4. JETS
Due to JETS declining greatly, consider taking full-profits when the markets re-open, as the price action is now approaching a major support level.
Next Action
- Submit a take-profit order for SAP as soon as possible.
- Consider taking full-profits out of UAL when the markets re-open.
- Consider taking full profits out of JETS when the markets re-open.
- Consider going long JETS when the markets re-open.
