A lot of negativity in the market in the past few days like every time SPY pulls back, in what concerns me I’m gonna stay unbiased and trade reactive only building up into those that work so far SPY tested 450 but closed above so gonna be an interesting spot in case will manage to bounce or build up some momentum in the next few days if will be this scenario think there are going to be some nice setups that will provide into eoy
MRVL – nice gap that wasn’t sold giving the overall mkt conditions also backed up by some decent numbers looking for any push and build above 84.5 for a long trade think if mkt will rebound this gonna push towards 100
LGVN – great action per plan on Friday looking for more unwind towards 15 in the next few days so any push against 21.5 will be there for a short
DIDI – literally crushed on delist news looking for more unwind so any pops will be on radar for adds (Friday plan)
CFVI – a new generation of bag-holders are gonna be born with this move from Friday AH, on radar for a blow off thru 14 -15 area and sit back possibly a big fader
AMAT – maybe needs few more days but if will perk up and push thru 150 will be there for a long daily still looking strong but overall mkt will tell the real story
Thank you Emil
Thank you Emil