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4/2 Dead Cat Bounce $IFRX $CEMI

Market Notes:

The bears retook control yesterday, markets fell more than 4% and the VIX surged up again. The past week plus was likely all part of a dead cat bounce. The jobs report is coming out this morning, could drive more swings.

I'm bearish on the day, only playing the best setups, and locking in profits quickly.

Watchlist:

CEMI is a low float COVID-19 play, resistance is at $8

IFRX is a low float COVID-19 play, watching for a setup above $6

Posted Apr 02, 20 5:52 AMbyJohnsonMD
Tickers  IFRX, CEMI
Views 259 / 0
Related Trades
KTrades
KTrades Apr 02, 20 10:05 PM

I added IFRX to watch list. Thanks

KTrades
KTrades Apr 02, 20 10:06 PM

Take a look at CCL hitting new lows and squeezing.

JohnsonMD
JohnsonMD Apr 03, 20 5:18 AM

@KTrades thanks but not my style. I don't buy down trending stock.

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