Hope everyone is staying safe out there and what a wild close! Market just giving us a nice relief rally in my complete opinion. Seems likely that we do gap up and maybe even close green again tomorrow. Cases and virus numbers won’t really increase exponentially until about next Monday. Just need to look back at the previous timeline for that information. However, trade what you know and protect that capital. Here is my list for tomorrow.
NET – Sitting on highest closes and that setup is huge. $23 can bring a FAST $25+
AMD – Can see this one testing $50 pretty quick for the exit on calls. Trade for me would would be on the short side if we managed to get into the $52s
HTBX – Huge one here and I managed to minimize it. Will be looking for that $1.20+ short for the fader. However volume is massive here so will respect stops on that as well.
BPMX – Huge move into the close on this. I guess there was a pumper on it but I didn’t care much as it ripped hard into close. Looking to trade any .60s morning washout.
RCL – $81.50 level for breakout back into that $90s level
CCL – $33.75s key level here for bounce into $35+
AAPL – Monster bounce last two days. I am going to look for the short on anything into $308s and likely add puts to that as well.
Thanks