Shooter’s Primary Wave Set-ups

As needed updates to Shooter’s long-term position trading Elliott Wave charts for our Plug & Play quarterly stock focus lists. Use these charts for:

  • Adding to holdings and selling cash-secured puts near pivot bottoms.
  • Trimming gains and selling covered calls near the pivot tops.

Plug & Play Primary Wave Set-ups

Looking for spots to buy and/or sell cash-secured puts.

EMQQ a Primary Wave Set-up with a Daily Trigger (1/2 position size). Measure to $41.58 for a Intermediate wave 1 in early Fall 2022. Stop is the 90-minute trigger.

Emrg Mkts Inet and Ecommerce (updated 07/04/2022)

SPWR a Primary Wave Set-up with a Daily Trigger (1/2 size). Intermediate Wave One is extended now, which is good and measures to $25.74. Stop is now BE or the 90 minute trigger at $14.22.

SunPower Corp (Updated 07/10/2022)

RUN a Primary Wave Set-up with a Daily Trigger (1/2 size). Intermediate Wave One is extended now, which is good and measures to $37.46. Stop is now BE or the 90 minute trigger at $18.81.

Sunrun Inc (updated 07/10/2022)

Plug & Play Trims And Selling Covered Calls

Looking for spots to trim gains and/or sell covered calls.

Primary Wave Set-ups NOT on the VSL

VEEV a Primary Wave Set-up with a Daily Trigger (1/2 size). Intermediate Wave III should measure to about $217.98. Stop is the daily trigger at $170.33. VEEV should be good to add to a full position on a breakout.

Veeva Systems Inc (update 07/10/2022)

ROKU (fading a bit) a Primary Wave Set-up with a Daily Trigger (1/2 size). The Intermediate Wave I should measure to about $184.78. Stop is the daily trigger at $87.87. Not as euphoric as NIO or VEEV.

Roku Inc Cl A (updated 07/04/2022)

SNAP a Primary Wave Set-up with a 90 Min. Trigger (1/4 size). The Intermediate Wave I should measure to about $30.42. Stop is a close below the setup $11.88.

SNAP (Updated 07/04/2022)

NIO a Primary Wave should work all the time. We have a Daily Trigger (1/2 position size). Next stop is an Intermediate Wave 3 that should measure to $30.05 then a back-test to $25.44. Stop is BE at $15.99.

NIO (Updated 07/10/2022)

Shooter’s Risk Disclosure & Performance Disclaimer Statement

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