$TCCO-was up 300%+ on the day and closed at 8 but has more down side.
TCCO ANALYSIS- Needs to bounce to before I consider to short it as it has to bounce to come in today
Price wanted:7.22-7.53
this wI’ll a be great O/N , but if it bounces into the 7.20’s as it has many levels to stay resistance as give me a huge reward with minimal risk.
Risk/Reward: 5cent/40 cent
Rate Trade Plan:7.5-8.9 this is still up but has shown huge downside so definitely worth shorting into as the support in the high 6.60s will and can fall quick
DRIO- morning spike short
price Wanted (PW)—7.07-
7.20
DRIO commentary- after spiking and crapping out throughout multiple days, it finally cracked sideways price action. It even tested and cracked the support and had a small bounce with shorting into that could lead to the big crack as this is up big from the 4’s. It’s could drop another dollar or so tomorrow looking for bounce short cover.
Strength of Trade-9.5-10 backside of move fading volume and visible pattern after run up.
KOD- BS(Bounce Short)
WP-62.19
WCP(wanted cover price)- 60.00-60.99
KOD Commentary- SHORT the bounce off the triple top fall. This should be awash win as this chart is a little lower than the previous support go in me some good confidence that this will break through the next support for another -10% or more down day.going to be patient to see if it pushes any out of the gate as that is the usual strength of this short
SOT-8-9- as this could bounce a little bit but not really worried as this looks like backside and will not let it run against but has more Reward than risk
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