On watch 05/31/23 from Emil

by | May 31, 2023

Market stood heavy all day long yesterday even I had some great ones in the morning like PDD, MRVL got no chance to recycle in pops , today will look for more unwind 

AI – push against 45 at any given stage for a short risking PM highs if going to build up I’m fine taking the loss since r/r is very good 


PDD – looking for more slide but ideally will have a push towards 69 area in order to a have a decent entry 

NVDA – won’t chase this gap down but if at some stage will give some pops against 400 will be there for a short

MRVL – 66 area of interest mostly will wait mid-morning see if perks and stuff against that level or not before I decide to short it or not

SE – watching for a bounce here, pretty beat up chart so if will catch a bid will be interesting, won’t try to catch the falling knife ideally push r/g then dips risking lows for big pic idea

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