JSC Scan 5/27/20

by | May 26, 2020

TLRY-weak open 10.40 or gap and go looking to join long trend, see where we are at premarket, think we have sector momentum here

CGC- with sector, watching

ACB- see if resumes trend ideally weak open red to green for 16.50 +

HOME- i think we are getting close to parabolic day here, will be looking weak open for r/g long and then for a blowoff and looking to short later in day OR later in the week, lets see what we get

DOCU- 131.50 guide for short

W- 162 for ss, nice fails today

TWLO- looking to short the open vs 201, thinking we can 2nd day follow through, although, the overall trend is still very much long and in tact

ZM-167 guide for ss

MRNA- ideally morning wash to scoop for r/g push, 53.50-54 would be ideal

HTZ- on watch over the week to see where it bottoms

LK – looking for higher lows through the week for potential long

SE- will be looking to join dips of the open, BUT, this has changed price action, this has sped up, so if it wants to parabolic 85-88-90 etc, will be looking to start small into a short into a blowoff, not anticipating where it is going to stop but reacting to 1-2$ fast moves

LEDS- weak open off 3 looking to join

 

 

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course