On watch 02/12/24 from Emil

by | Feb 11, 2024

TOP – gave up eventually into eod IF there is going to be any shove towards 6 will be interested in a short risking .50 more or less – targeting 4 

INBS – tough cookie on the front side but I like the the odds now in any push against 8 at any given time 

RIOT – if will have a weak open and soak vs 14 will be interested to long it for a scalp and recycle as long as trend holds I’d really like to see it pushing against 16 in order to like it for a short so unless will grind towards that area not really interested in a short

MARA – same plan as above more or less but  looking at 28 area even if will have 1-2 inside days wanna see it higher in order to like it for a short

BABA – chop fest and def not a clear direction now but I like the odds for a long here (swing mid-term) so not looking at for a day trade have zero interest in such thing so dips vs 71.25 would be an idea entry but any base above 71.5 could be good also risking 66 more or less so giving a wider stop and see if manage to get some traction from here 

2 Comments

  1. Thanks, Emil !

    Reply
  2. Thank you! I really appreciate your detailed comments and plans/thoughts. As a newer trader they are helping me to understand things to watch for when planning my own trades!

    Reply

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