Great day today and early on quite a few names so nice work all. Might take tomorrow easy but who knows, would be nice to get out early if market is just chopping around and go….wait…go to my couch?? Who am I kidding, will be here all day tomorrow. Seperate from IU I started doing video/podcasts which you can check out here (doing one tomorrow as well). Let me know if there are any topics you want me to touch on. Anyways, let’s finish strong tomorrow.
BA – Attention monster today. Feels exactly like TSLA during the big squeeze though. You can just feel the trapped shorts bidding in there. Ideally $200 break and then late-day fade in the last hour. Just like TSLA on that $960 crack day.
TLRY – Looking to get short tomorrow and puts for swing. Ideally $12+ for entries
ACB – Robinhood alive with this one, can see it squeezing hard and maybe even feeding others higher as well. Possbile $1.60 push for short.
IGC – Nice and early on the long here today. Don’t expect much but maybe $.75 test for the sells.
RCL – Scan was perfect last night into $47 and possible $50’s. Might not be getting govt bailout but we will see how it plays out. Either way, pretty big negative there and can see it fading hard if market starts to tank. $37 peak out for short.
OWCP – Cheapie weed name if I am wrong and weed stocks keep going. Either way, nice volume perk on this one today.
Thanks!!
This may have been asked before… but why do the volume charts show months versus time of day? haha
AjS its a daily chart. Not an intraday chart. So the thats the time frame on the bottom on the bottom and the each candle is 1 day!
That’s not an intraday chart. It’s a daily chart and those are actually months and not time of the day !
Thx a lot! If you could, could you cover your thoughts on entry tactics?
So 2 extremes: sharp entries by focusing strongly on L2, T&S VS less accurate ones but a lot of them – scaling. Which works better in this market?
thx
Thanks Cody!