On watch 08/06/23 from Emil

by | Aug 6, 2023

AAOI – e/r winner and def a lot of volume traded on Friday will be interesting to watch in case there is going to be a weak open for a long anticipating a b/o of 12 if gets above that level will be interesting to see if going to build up there of starts to lose some momo late in the morning 

YELL – gave too much credit on Friday thinking there might be another trap breaking 5 area but lost steam late in the day and faded , will mostly pat attention in any push against 3.6ish area for a short 

TUP – if will mess around 5 area and bidder will stay there wouldn’t be surprised to see it for another leg up 

RIVN – air coming out of EVs and this one has some decent range to take advantage of , will pay attention at pops against 51.75 ish area for a short and more unwind 

RAD – newsletters bagged some ppl that by looking at the chart going to want out if price will stay under 2.9 area so any pops against that will be something I’m interested in 

NIO – same plan as above – interested to join short in pops towards 15.25

MF – China name w a small float that moved on e/r which was tough one for shorts (not really the typical trade mostly a B) not really in a rush shorting it since we have seen where these can go -way further that ppl think so mostly letting it unfold and give a decent r/r have zero interest in shorting front side so higher it goes the better 

1 Comment

  1. nice on RIVN guessing you mean 25.75 vs 51.75?

    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Your email address will not be published.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