Scan 7/21/2022

by | Jul 21, 2022

Overall: Really nice couple day upward surge, this is day 3 of the move so I am a bit more cautious buying beta-driven names off the open, going to look for sectors/ names with relative strength or catalyst driven outperfomanceif anything longside

SOXL- I am looking 19 area to run into some resistance if we hold all day thats fine next spot above is higher at 20.50, looking for 30 min bar break post open to get short, higher the better

XBI/LABU- will be looking vs yesterdays highs for a potential short

LABU-

AA- if build above opening range would trade this earnings move

DNA- still watching if this can hold above 3.25 for a long

SHOP- would look 36-36.50 as a risk guide long

COIN- would love an opening push, lower highs and fail – 75-77 guide

MARA -same idea 12.50 guide shortside

 

 

1 Comment

  1. Thanks, Josh!

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