CIFS- multi day runner that had a big move in the morning. Started to fade near support. Looking for the morning panic pattern because of the way it has been running. I did want the $4.5 but because it closed down near the $4.6 I am more interested in the low $4 range to $4.3 or even the $3.8…Opt 1- morning panic dip buy between $4 and $4.3 as both are support… Opt 2 if it panics to $4 and stop losses go off I would love a buy into the $3.9 risking $3.8
JMU- this stock had no news no reason for moving other than the fact that other Chinese stocks where on the move. Was thinking that this is more of a short chart and I will need to be more cautious in the future when I start shorting to do it on a confirmed back side of the move. Even though it hasn’t run multiple days it did finish up 175%. Getting a morning panic on this one into the $1.8/$1.9 area might offer a decent bounce back to the $2.2 area. Opt 1- dip buy into a solid panic into the morning with support in the $1.9
IGC- was a runner a few days ago then had a bounce. Overall pattern wise I am looking at this for a breakout play. It bounced and looking like it holding up, 30M float, want the breakout above previous high. I think it might be smart to buy when it breaks $3.3 but I am thinking to buy when it breaks todays highs (IF) after the $3.10 or holding $3 area with odds of getting to previous high spike. Opt 1- break out play above $3 and hold of that area. Opt 2- panic into the $1.75 support.
NIO - on watch for when it get to support in the $8.5
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