A lot of selling most part of the trading session on Friday followed by a decent bounce into eod not saying has to bounce (cuz actually doesn’t) but looks oversold short term so I’ll try to position myself accordingly and be open at any move mkt might give
SPRO – looks super crowded to me still not sure yet how they closed the deal but from technical point of view still can shake some late hands so ideally will show some weakness first to get more chasers in then squeeze to shake the tree, not in a hurry to be the first mostly will wait mid-morning to initiate a short position (plenty of range to take advantage of)
UBER – fall off the cliff in the past three days will watch for at least a technical bounce and any build up above 28 or early push then dips against that area will consider for a short setup not actually confirmed on smaller TF but if that scenario will take place gonna be in the cards targeting 30 area first and if will clear that 32.5 next one
ROKU – been short bias on Friday based on that 62 area and still as long as will stay under it’s a short by all means – but same as above short term oversold and any build and push thru 62 will consider for a long risking 59 targeting 70
MSFT – on radar for now still needs some validation but any push towards 241 will give some sign of a short term turning point if will go that way entries will be on dips
AMPX – was a textbook squeeze to clear 14 area (see Friday w/l) will watch pops for back side here
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