JSC Scan 10/11/21

by | Oct 10, 2021

Crypto:

HUT- this name has really good history of riding 10/20 emas and building momentum, still holding trend here like the buy vs 9.90-10, bigger picture risk is 10ema

MARA- vs 37 especially if BTC builds more momentum

BTBT – will be watching vs 10.30 area

Momentum Continuation :

SI- like vs 157-159, look at previous jan-feb 2021 trend here, looking like something similar forming post 125 breakout on multi-month consolidation

DOCN – still look if higher lows form on the 10ema 80.50s area

GUSH- looking for a parabolic move, its is setting up well again, think we can get a similar short setup to BOIL once it blows off, key here is price action speeding up, not a steady grind

MMAT- still looking dips vs 5 area

XENE- biotech still holding well, looking vs 31.80-32 for a buy

AFRM- looking to buy vs 137-38 area for a long play to new aths, great momentum this week

Failed Momentum: 

MRNA- looking short 308 – 312 area if keeps staying heavy for bigger unwind

AMC- 38.20 area for a short

NVAX- looking 945am-10am lower highs for a short, below the 200day sma

BNTX- similar idea looking for fade on lower highs

NOTE***- these names are are pretty crushed and can bounce but if there is a sharp trend down here, not afraid to join, these names all 40-50-60% lower from highs fwwiw

DATS- push toward 13.70-14 for a short

AEHR- nice move again, ideally we get some para action this week, this might actually want to make new aths on 25s, key for para action for me is it needs to speed up relative to prior price action, shorts are so wrong here at every single price want to see blow out and a situation where it’s skipping dollars

CAR- this is a ridiculous move up for a rental car company, ideally higher the better blowoff and fails on opening range lows  for a short

 

 

 

 

 

 

 

 

 

 

 

 

 

5 Comments

  1. Nice scan as always. I think you mistakenly put A chart instead of AFRM.

    Reply
  2. thank you!

    Reply
  3. Thank you Josh

    Reply
  4. Thanks

    Reply
  5. Thank you Josh

    Reply

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