On watch 04/05/24 from Emil

by | Apr 5, 2024

CVNA – going to watch and short any pops against 84 area risking 1p more or less planning to swing it if will close heavy targeting 75 area for a first stage 

CGC – early or opening spike against 10.5ish area for a short  targeting 9 and if somehow gets under that area will be looking to recycle and add back pops for more unwind

DKNG – push and fail against 46 area for short will be looking for a reactive trade here and if will continue to stay heavy after fist hour or so might get back in for more into eod 

ROOT – continue to trend in this mkt which is amazing and since we had this heavy action yesterday will pay attention to see it there is going to be any selloff so any break of 68 might consider for a short 

CADL – torched shorts yesterday and went more AH but still above closing price so not short biased yet but if will have a push towards 10 at any given stage will be interested in a short

1 Comment

  1. Thanks, Emil !

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course