Shorter week and a holiday. Volatility will probably be lower especially after this week. Need to trade with smaller size and not force any trades. This week my goal will be to only take a trade if my plan is very clear going in and I'm not rushing into anything.
Don't take any trades you haven't prepped for.
Trading random patterns gives random results
HMBL - Weekend swing. In from .556 on late day break out, first green day, previous runner, highly promoted play. Looking for an AM spike to sell into. If shows a gap up premarket would like to take profits into morning spike and buy back in after it dips.
PROG - Recent runner, strong FGD on Friday and gapping back to $5 key level. Tends to move in $1 increments. If key level held and it has a good open would like $6 calls. Managing $HMBL might keep me from being able to do this though.
KZR - Recent runner holding near highs, Keeps failing at 14.20 area. On watch for First red day or Multi day break out. If FRD $12.5 puts risking VWAP. If MDBO, $15 calls risking $14
RIVN - Ford announced pulling their investment over the weekend. Could see more downside today. Potential put play but I'd rather focus on my other plays
DASH - Fell below key levels, EMAs, VWAP Friday. If it fails to break back above the 219-220 resistance could see more downside. Potential put play.
LCID - $55 is key level, looks like it will fail to break out it again. Keep on watch for more volatility and opportunity.
AMD - on watch for $160 break
Join now or log in to leave a comment