Going to be an interesting day today after yesterday sell off, won’t try to pick the bottom but going to watch for some early washout followed by a rebound after 10am i.e SPY, went from net long to mostly cash so going to pa attention if will stabilize in order to build back (swings)
XPEV – washout against 45.50 for a bounce trade and maybe swing if will close strong but this all depends on general mkt condition so if doesn’t behave own the loss and move along until it does…
OPEN – more unwind towards 23 risking 1 point for a quick bounce then if holds into close add more and swing it
SRNE – what a squeeze shew giving the overall mkt fade , looking for any failed follow thru against 15 to short
GNUS – same plan as above any failed follow thru against 3 for a short
FROG – on radar in case it’going to go side-way they had some good returns over the past month also some new PT targeting 80+
Have a look over this Intermediate Course Video 3
Sneak a peek into IU community and see how it is, you can have a walk-through here
Check – The fundamental checklist for technical traders here
thx Emil!
Thank you, Emil!