Josh Scan 7/10/23

by | Jul 9, 2023

RIVN- 8 days straight up and almost doubling , ideally we gap up for a 27-28 para fade if not i am looking to lean on the shortside, I am not looking to get aggressive until this name is red down -2/3/4% on day, going to look to be trading around a core here and take profits into flushes until trend changes, key note here **there will be multiple days to trade this liquidity and range is incredible, dont have to be a hero, ,also it is just one name and just one trade, so keep that in mind**

CVNA- post 945-10am trend join if we open 27.50/28  think could absorb and go 30+++ will see in morning

AMD- looking short vs 114-115

TSLA- short vs 278 area here, nice fade with market eod on friday

AI- watching short vs 41-42 area

COIN- would like moving averages to catch up for a long on this name, ideally vs 73 bigger picture

UBER- looking long vs Fri lods

QQQ- looking for 364 area to crack if we are going to stay heavy and potentially test to 20day ema

 

SPY- looking for 437 to crack weekly lows last week for similar think, to favor the fader style of a setup, if market stays very strong, these trades become harder

IWM- would like to see 184/183 support get taken out if not will be careful on shorts

 

 

 

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