Been a crazy month so far so let’s keep it going! Lot’s of new traders in the room and looking to figure this beast of a game out. Either way if you are new, figure out what works for you and stick to it!. Scalps, swings, shorts whatever it may be if it’s working don’t deviate from it. On to the names that I am eyeballing tomorrow.
MRNA – Instant reacting is to want to short, however I found that I am always early when playing that approach on this exact daily. So, will be long sided on MRNA but ONLY on washouts. Do not chase the breakouts on this one. May join some calls out the gate as well.
CLVS – Morning washout near $7.60s for long. Love this daily setup and will be a main watch.
CCL – My gut is feeling pretty bullish on cruise lines but who knows. I booked one this weekend so it’s anyones guess. The $14 calls next week were pretty active here and joined those. Setup is decent and if market just holds with any positive news this can be over $15 by end of the week.
WORK – Decent amount of this weeks $30 calls traded on Friday so worth a watch on any morning washout. As you can see that $30 is a big trigger to the upside as well.
ENSV – Kept a swing on this one just based on price action into the close and the daily volume. Ideally that .25 breaks and we get a nice day two. Using that .175 as guide for risk.
AKRX – Monster volume yesterday and got smoked into the close, will see if it has a morning washout to it near .25 and possible rebound. Won’t marry it but there is for sure a trade in there for me.
BTSC – Just on radar, nothing but an eye.
Thanks
Watching WORK..thinking of buying calls in the am
Thank you