On watch 05/05/20 from Emil

by | May 5, 2020

 

Sneak a peek into IU community and see how it is, you can have a walk-through here

Check – The fundamental checklist for technical traders here

 

W – what a come back wasn’t expected to see that and actually been short bias yesterday but this recovery and strong close proved me i was wrong anyway definitely might have some legs so going to watch dips against 134 for a long trade as long as trend holds

GDX – pretty mush same plan as above going to watch any build above 33.75 area for a long trade and ride it as it last targeting 40 area

CODX – I’m getting boring now on this one saying that this eventually will go single digit but until then bending over stubborn shorts, looking for a day 3 type of push and fail into 16 area ideally mid-morning for a short attempt, always locking in until will gets truly slapped

INO – if will build above 11 might try a long trade for a blow off but the real trade here will be short so until it’s going to set up for a decent one I’m going to treat it like trading vehicle based on the setup

If you have any questions about deals or you are interested to join IU send me a DM at @cuzmane

1 Comment

  1. Thanks Emil

    Reply

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