On watch 10/29/19 from Emil

by | Oct 29, 2019

 

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SDC – had 5 straight green days goign to watch for some profit taking either into a para move towards 13.5 or if slows down mid morning into 12.5 might give a shot for a short

ROKU – weak open into 145 for a long trade risking 1 point in order to see it pushing towards 150+

ISEE – even closed red they were soaking 1.6 level so gonna pay attention at 1.5 area see if holds and if so might go long on this saw no reason this pos hel all day yest so thinking there might a plan , other than that reactive trades

FIT – if will have a weak open going to watch 5.25 area see if holds for a long trade but if will squeeze out of the gate wanna see if 6 stuffs for a short ideally mid morning so not in a hurry with this one

 

3 Comments

  1. Emil, with regards to FIT, why are you looking at the 5.25 level for support if a weak open? Can you point on daily chart where that level is a point of previous support? I can’t quite detect it clearly…

    Reply
  2. Pretty much the bounce spot of yesterday

    Reply
    • Ok, that makes sense. Thanks!

      Reply

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