2021 has not disappointed so far. Some wild wild stuff out there for sure! Crypto names I think will be focus tomorrow but I think we are close to parabolic soon on Bitcoin so will play it that way. Great reads on the VXX SPY today, felt the risk was they would get inside and the bet paid off. Sad to really see it happen, but we are here to trade the markets. Either way, here is my tomorrow.
TLRY – Chart is exactly like MARA FCEL PLUG and so many others on the daily down here. I think $50s can happen but likely gets merged with APHA first. The 12.50s are a MONSTER breakout level on this as well. Will trade this either way tomorrow and already gapping up. Will tuck some away as a long term trade as well.
SNDL – Similar idea and play but with .80s on this chart then $1 free and clear. The .60s breakout held and I think its a great new risk area. Trading washouts long provided market doesnt crumble.
HYFM – Trading that $70 breakout if the rest go
MRMD – Held well, will trade more provided the .60s reclaim on it.
INM – Uplisted name but the $4 is the big key level imo. Chart makes it obvious
GBTC – Looking to get long the big washout trade whenever it comes, which it will and it will be an epic one.
NCTY – Shorts BURIED after hours. Will only trade it if the sector gets weak and it will be on the short side heavy.
BTBT – Same as above but more likely tog et shredded.
RIOT – Same ideas as above
MARA – Same as above.
Thanks Cody. Great read on the market – kept me from selling my puts and made a few bucks instead of losing. I appreciate you, sir.