AMD (long)
great spike/uptrend today on friday. increased guidance & also price target revision. I wish I had saw this today earlier & caught on for the ride. probably a good thing not to hold this over the weekend though because it’s such a high priced company, market cap wise. over 6b
had a nice weekly breakout today which would’ve been an amazing buy, 2nd day runner & due to this news & it being a friday, I hope that this news can spread mad and create a gap up, thus increasing the volume also, hopefully at least doubling it (volume).
KEG (short)
8-K was filed 6/15 concerning about their financing, “restructuring proposals”. the stock gapped down, took out multi-week support and tanked a ton pre-market. Then, dipped back up to the initial breakdown level which then turned into “resistance”. that spike quickly got sold off and the stock up trended mid day and then went right back to where it was by the eod
For Friday, my guess is that early shorts piled on and got squeezed at the open because it spiked a lot. Once again, this spike didn’t hold and now is back down to key support at .25.
I’d love to see that support fail to hold & for it to drop down to the .19’s or even below it, because I do think this is just up on a squeeze.. Keep in mind 15% short ratio.. No real news/anything fundamental about this company.
HMNY (short)
been trading sideways the last two trading days.
looking for it to take out the LOD from friday and tank. no volume on this. made a new low in friday afternoon, sideways price action. I’d love to see this panic. Never know though especially with a stock like this and the runs it has had. any more uptrend could cause another squeeze
VMEM (short)
traded sideways friday and had a big crack near the eod down to .77
gapped up a bit in the low .90’s and I would like to short this using .97 as risk, given if it stays in this same price range.
goal would be to cover near the LOD
GBIM (long)
second green day. looks over extended but given how strong this closed on friday, I’d like to see it gap up and have a final follow up spike. if it’s strong with lots of volume at the open with an uptrend, I will probably buy and try to take the meat of the move. main priority for this stock would be to dip buy it at key levels.
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