On watch 08/08/24 from Emil

by | Aug 8, 2024

ASTS – nice blow off yesterday , will be interested to short any pops against 20.5 risking yesterday highs more or less 

LUMN – showing some weakness in PM and as long as will stay under 7 gonna keep my short bias ,will approach this trade with a wide risk especially until showing real signs of weakness 

SAVA – held better than expected, if breaks 31 and volume will kick in wouldn’t be surprised to see it pushing higher where 35+ area would push some pressure for those who shorted on the way up so for now just sitting aside and wait see if this scenario will take place

ADTX – nice fade into eod , now offers a better r/r for a day 2 so any push towards 1.5+ will be interested in a short

1 Comment

  1. DTrader222 on August 8, 2024 at 6:29 am

    Thanks, Emil !

    Reply

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