On watch 05/16/23 from Emil

by | May 16, 2023

GSIT – was behaving smooth in pm just to mess around after open got trapped in a halt but once firmed up above r/g left it alone and glad I did will watch any popa against r/g today for a short leaving room up to 6 area tho 

MU – nice one from yesterday w/l initially was there just in case gets above 62 but alert went on at open so was ready to snag some dips and once firmed up to add, D looks great at this stage and looking for some legs ideally will have a weak open vs 63.5 then perk 

SQ – I like this D level down here pretty beat up one and if indices firm up this could be a decent bounce candidate so will watch any weak open vs 56 area but gonna be cautions in adding unless will push above 58 then gonna have more conviction in dips with a better r/r 

NNOX – was expected to see more unwind but for some reason they won’t let it go yet sill watch any pops against 19 see if gonna stuff that area but if will have a messy action 20+ shake out late shorts then resume to fade again more or less the way I see it unfolds

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