How to Spot and Use Key Levels in Day Trading

You hear about key levels often as a trader. A lot of that centers around the previous days’ close, red-to-greens, whole-dollar/half-dollar levels, and so much more. It can seem like a lot, so let’s break it down! Today, Tim Bohen shares the key levels you MUST know for day trading.

🌟 Follow StocksToTrade on social media:



✅ Links we mention and recommend:

✅ Recommended playlists:


In this lesson, Bohen uses Sphere 3D Corp. (NASDAQ: ANY) as an example. This stock has a higher float than what we normally focus on — but it’s an incredible runner.

Remember, don't focus on the ticker. Instead, focus on the levels and the thesis. This is a pattern that repeats over and over.

The first thing you’ll notice when you look at this stock is that it’s a big former runner. It also tends to trade exceptional volume, and it’s tied to a hot sector. This should be on your radar.

Now, where would you trade this? What are the levels to look for?

Always start with breaks of the 52-week high. That’s on everyone’s radar. And the more eyes on the stock, the better opportunity for you.

When stocks break out to 52-week highs, you want to look for those red-to-green moves for entries.

Then when it breaks that previous day's highs, you’ve got a new 52-week high, and so many more key levels to check…

Tune in to the video NOW for all the deets and see where a smart entry would be.

You’ll also learn why you want to line up as many key levels as possible. (Hint: It’s all about a great risk/reward.)

Make sure you check off all those boxes on your trading checklist. The more factors you can put in your favor, the better the potential for success!


#StockMarket #Trading #Stocks
----------------------------------------------------------------------------------------------------------------
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.

[Sethiie]

Tim, let me tell you that you are just fu*** awesome guy, thanks for all you do

[mtnbikur]

Tim, thanks for the great video. One thing I really love is that you have excellent notes in the description of the video. A written re-cap of the video. I know you love to teach this stuff, so I'm sure you're aware that when a student sees something in multiple formats, it tends to stick better. So thanks for that!

[cristiwamsley]

Thank you Tim!! You break it down for us to really get it!!
You are awesome🙂

[rogerdrolet]

How to Spot and Use Key Levels in Day Trading - Great review for me. It is basic information but using the correct levels to determine risk, goals, entries and exits, etc. are all tied to these key levels. Also, we need the patience to wait for a stock to hit and then confirm it can hold a key level. This is one of my issues. Join Tim's Steady Trade Team. I am a member and I just don't understand why serious traders don't become members. Our chat team is awesome.

[se]

Thanks, great stuff. Awesome. Fantastic.

[zcarrubba]

This was the video. Sitting here on a Sunday and this is the video that pushed me to submit my application for the steady trade team.

I have watched a lot of Tim Bohen videos but the most inspiring video I’ve seen to date was the “Step 3” “Grow” video. I can tell Tim is always putting himself out there to make good videos and become a better mentor. Golden video.. Wow 🤩

[kxandyxrider]

Do you ever advise people to trade small position options to get around PDT in a cash account? Settlement is t+1 so the next day you have your unsettled cash back.

I hate PDT and I certainly don’t have 25k so I started trading weeklys on liquid stocks like the Q’s, amd, faang, and spy.

In my opinion as long as you’re starting out with a single contract (account size obviously matters) you should be alright in liquid options. Just a thought to consider or maybe advise against. Good video keep it up

[jeffreymarley]

I have to watch this over and over to digest it.