On watch 12/21/22 from Emil

by | Dec 21, 2022

 

VRNA – early pops against 19.25 for a short risking yesterday highs looking for more unwind towards 15

VKTX – looks crowded no interest to short it here need a push thru 8.25 in order to have it juicy for a short so if trend will hold might be interested in long – only scalp the real trade I’m looking for is short above that level

TSLA – absolutely no one there in the bid yesterday slightly gap this morning but no validation for a long yet rather have one more leg towards 127 then will look for a bounce trade

SMMT – worked nicely per yesterday plan looking for pops from here on to short good r/r now targeting 2.5 in the next couple of day

RNA – trades thin but basically same old same looking for a push thru 22 see if fails there for a short

COSM – volume kicked zero interest here would like to see it speeding up for a bit towards 15 if so gonna be there for a short

1 Comment

  1. Hi. I am a new day trader. What makes you think SMMT will go down to $2.5 in the next few days? I am holding over 30,000 in shorts averaging $3.76 and trying to decide when to cover. It spiked up again today, 12/21/22, which is confusing to me. Thanks!

    Reply

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