JSC Scan 6/1/20

by | May 31, 2020

GMBL- big sector move here PENN GMBL DKNG, here, ideally gap ups on all, would love to see 10-11-12 blow off here, not afraid of two way trade here either would join weakness in am and looking to fade strength as afternoon session picks up, lets see what we get

DKNG- same thing here 45-50-55 parabolic to short

DKNG- looking to see how it performs vs peers

DVAX – insider buying from Director 1mm shares, looking for weakness off open to join trend long, 5.20-.40 ideal

ZM- will look to join weakness, earnings coming this week, think they run it with potential work from home favorable stocks DOCU WORK as well, again another sector trading in tandem

DOCU- weak open until it fails

WORK- same thing here

NVDA- was looking to keep shorting but every single time that 340.10 level held and what a move it had when that didn’t fail, will look in later in week at this for potential ss, QQQ needs a pull imo if this is going to pull back at all

TWLO- see reaction in am but what I will be looking for is a failure on 209 all time highs for a short

REZI- the volume is not my bag and IMO this is NOT A DAYTRADE but like the daily vs 6.40 long

AMZN- weak open 2420, will be eyeing 2550 calls

FB- 221 guide for a long

BA- will be looking for this to reclaim 151.50 for a long this week, dissapointing swing here for me let it come back to far when was up big

BBBY- 7 guide to add to swing here

TLRY- 10.40 guide for ss, if reclaims this throughout week and holds, we may be in for next leg up, remember there are 2 sides to all trades

W- looking for ss vs 175

SAVE/ Airlines will be looking for bounces across all names as possibility of reopen draws near

AAL-

LUV-

DAL-

UAL-

HAL- oil names will be looking to join weakness this week other names w it/ SLB OXY USO

USO-

SLB-

 

 

4 Comments

  1. Good stuff Josh. What is your expiry on the AMZN calls? Thanks

    Reply
  2. I wonder how the rioting situation vs. Falcon launch will affect the market on Monday

    Reply
  3. Thanks

    Reply
  4. Thank you!

    Reply

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