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Trading Game Plan: 11-3-20

Stock futures are trading higher as election day begins in America. Traders around the globe are looking for certainty amid a pandemic, economic downturn and social unrest.

Today's trades focus on recent bullish price action looking for follow through, and easy setups that are simple to follow.

Once the election decides a winner, we should see a trend unfold for the remainder of 2020 allowing us to have conviction in our ideas, and possibly trade bigger and hold longer.

HOG (Harley Davidson), ROKU and OSTK have traded into one of my favorite trading setups. In total we discuss Nine new trade ideas for today.

NEM is setting up a "failed breakout" trade. We review the trade and price action need to short sell the stock.

Have a great day!
Pete

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