In this episode, I talk about how to build a watchlist during premarket hours. The watchlist is based on several criteria such as price, float size, volume, catalyst, and daily chart. We use a gap-up scanner to search through the thousands of stocks in the stock market to narrow the list out based on our criteria. I then further narrow the list by analyzing the daily chart and premarket action. I also discuss my quick trade on $LK which was a washout long setup.