Josh Watch List For 10/7/24

by | Oct 5, 2024

China Theme:  In a sector move you are going to have a ton of sympathy plays that follow suit. In this case with BABA JD PDD KWEB running you have things like TIGR that triples, DUO doing what it did before the Friday Offering  , UXIN , XPEV, NIO the list goes on. What I am looking for Monday / Tuesday is some kind of China Etf weakness ideally off a gap play. I want to be shorting the ones that have been crushing shorts. These sector wide moves always go beyond what people believe to reasonable. By no means do I think the move is done and over but I do see a lot of names that have doubled and tripled in a 2 week time frame so pullbacks imo will be sharp until a period of consolidation. 

TIGR – ideally 13.5-15 and sit back if we get heavy midday could be a weak close/ gap down 

FUTU- ideally 135-140 and sit back these plays are very similar really just prices are different 

NIO 

KWEB – this one is important for me as an indicator i want to see some type of sector weakness for the fade to get some/any conviction 


BIDU

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