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DRYS: Picture perfect. Kalani took his finger off the sell button yesterday so that the stock can run on volume, then today when all the chasers were expecting a secondary squeeze he just unloaded on all their faces. Pretty amazing to watch. Another round of long “believers” stuck once again. Will continue to watch all pops risk on $1.60 for more unwind in the coming days. Key with this is to work around a core or else you’ll be one of the people emotional from yesterday.
MTBC: So long as earnings don’t totally destroy it tomorrow looking for all pops risk on $2.50 for the fade. Day 3 tomorrow.
RACE: Such a sick chart. Looking for a $115 blowoff tomorrow then will look to join pops short.
COST: All dips still working on this name. Extremely beaten down. Probably can do $165 near term.
TSLA: No real bias on this yet. Depends on how it gaps up/down in the morning. Will look to join short on pops when if/when it confirms. Not looking to find the top.
SNAP: All pops for more unwind. Risk on $13.20s
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