Great way to end the week last week and hopefully some nice action tomorrow. Here is what I am watching closely on the open.
FCEL – Will be scooping back this swing on anything under $1.20 and going to be patient with .90 as the full risk. Don’t think this move is over but just getting started. Hopefully no funny business filings get in it’s way. Can be another PLUG situation on our hands based on how it is trading.
TSLA – Straight up basically for 2 weeks. Can still go higher but have been stalking it the entire way up for the short so will be on radar until we get a big 2 day washout. $425. peakout tomorrow or no trade.
MIK – Can easily be another RAD style move and the steady fade into the close seemed almost too easy for that to be the end of this move. $7.50 washout and then become support is key for me. Likely going to add to calls in that case.
MDR – Morning weakness for swing entry
PTON – May get a nice dead cat bounce at this point. $27.50s are the key level. Break base there and grind higher. Stock still massively overvalued and shorts last round were much stronger holders than previous rounds. Just a big area of interest for me because this is where the big breakout and IPO level was.
CFRX – Just looking for the .70 breakout and hold for the join.
Hello.. this are swing trades?? thanks