What is the Shrederickson Report?

I’m a technical and momentum trader on the US Stock Market of 6 years. I’m constantly searching for high volume plays and scanning the market for power.

The SHRED Report is purely educational and not meant to be investment advice in any form.

The goal of the report is to give readers a market overview, highlight market trend, walk the reader through my screeners and highlight the tickers I like. Then we get into the game plan and actionable setups with key levels illustrated on the daily, weekly and 5 minute charts. The report also speaks to sector rotation and risk management.

As well, I’m always producing educational content found in the SHREDu section of my Substack. The link is below 👇🏻

https://shrederickson.substack.com/s/shredu-educational-content

As a paid member you’ll receive 4 larger trading reports every month along with 4 focus list updates each weeknight. Here is what you’ll get as a paid member inside the reports 👇🏻

Here are a few examples of recent trades sent to paid members below 👇🏻

ELF

ELF was on the focus list in one of last month’s Trading Reports:

Here’s where ELF sits today using the topside pivot as a buy point:

FTNT:

FTNT was another featured in one of last months reports and focus lists

Here’s where FTNT sits today using the HVC reclaim as a buy point:

INTA:

INTA was featured in one of last months reports and focus lists.

Here’s where INTA it sits today using our volume support level at 38.5 as a buy point:

Hi all,

As we all know, tomorrow is Fed day so the play below will be a day trade until I receive price action feedback in the next couple of days.

I’m seeing volume support at 26 and 27. I’ll be watching in the first 15 minutes to see where the bid comes in, if it does.

I will be watching the levels mentioned above as well as the HVC (high volume close). Day 02 plays can swing pretty wide so I will be controlling my risk by setting my stop losses tight from my entry.

I’ve put in links below to how I’ve played HVC day 02’s in the past.

1 day and 5 min chart below:

This is the day after. The 27 level I anticipated as volume support worked very well and we got quite the bounce with volume to confirm:

Here’s how it ended the week: