On watch 04/27/20 from Emil

by | Apr 26, 2020

 

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GILD – looking for a weak open against 78 for a long trade risking 1 point for a push towards 82.5

ZM – literally pulled out the plug on Friday afternoon, going to pay attention in any push towards 164 see if will stuff to short for more unwind having 150 area as a target

CODX – held better than I was expecting on Friday, I’m firm believer that this one will go single digit once the plug will be out but until then eyeing any push and fail at this stage have zero interest to short it tho but if will push through 16 at some stage tomorrow definitely will watch for and fail to short the back side

VXRT – somehow still soaking the bid also closed pretty strong,I’m long bias as long as will build and stay above 3 area maybe if later in the morning will have a push into 3.5 and fails to hold above then definitely will look for short but won’t fight with as long as trend holds

1 Comment

  1. Re: CODX—- what do you mean “will watch for and fail to short the back side.”

    Reply

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