These are the stocks I'm going to wait for a panic dip buy
>> AAOI, CDLX, FNGR, KSCP
-- TMC : This one is a panic buy for sure, but it already had the panic and bounced off the 1.65 support area. Didn't hear about this one until I saw it on Matt Monaco's watchlist.
>> Looking to see if this will consolidate pre-market and then hopefully crack above VWAP. If it breaks past, I'll wait for a dip buy after that. If it continues to run past 2, I missed it
-- CGC : Another one I didn't see until Matt Monaco's watchlist. Bounced off the high .30s twice and has had strong volume for the last few days. Ended with strong volume near HOD today too.
>> Resistance at .90 so goal is to if it can hold .65 and then spike up. Will sell slowly until goal is to be all out around the .90 area ... not waiting for a breakout that might not happen
-- NKLA : Massive volume today after news about a partnership for a hydrogen truck. Ended strong on the day and even moved after hours.
>> I think the stock will dip in the morning and then jump within 10-15 minutes after the open. Looking to buy slightly above the dip to prove that it will continue to move. If the volume stays strong, shorts could most likely be squeezed on this one, especially because it was a former runner.
-- CIFR : Holding multi-year resistance around the 5.25 area with reasonable volume today. Even ended HOD on the day. With the market being the way it is this year, this could either be a multi-year breakout, or it could collapse. Either way there are two opportunities to trade this.
>> If the stock does breakout, wait for a dip buy. DO NOT BUY THE INITIAL MOVE!
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