Hope everyone had a great mothers day and called their moms. Heck of a move out there in crypto land this weekend so again, here are my main watches for them and others.
UBER – What a turd. I will be interested if it does go to $38s for a bounce play however.
LYFT – Might look for the $48 washout here for possible bounce play as well.
SLGG – Overall market been shaky and this name has been holding well. earnings are on the 15th however.
RIOT – Has yet to really track and recently had an offering. Going to just watch the tape to see if they let it go for a day or two.
MARA – $3 is the key level here as well, Probably a gap fade and ramp.
DPW – If a move this bit on Bitcoin can’t lift this one tomorrow I am put it on total avoid list. However going to watch tomorrow just in case. It is still in full paper sell mode.
Just wondering what the significance of $38 dollars is with UBER? I can’t figure it out.