Recaps are a review and commentary on the morning watchlist. Recap comments are in blue.
Good morning all. Short list today. Will be out after first hour — vol may dry up early today and don’t want to ruin a good week.
I hope everyone stayed safe today. If you are having trouble trading reach out and ask for help. Send me a msg in discord.
General market thoughts
Nice early gap ups. Think we may get a dip and rip higher.
Looks like the open didn’t give us a dip, instead a pop and fade. Nice alerts to get short in the chatroom as well as patient long entries after first 15min. This is the trouble with gap and this market, not much follow through. so have be open to reversal/consolidation moves.
AMD
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
Amzing recovery. back to 20. Will be eyeing dips that hold for upside.Recap
Push over 20 failed and nice fades for the day. [/vc_column_text][/vc_column][/vc_row]FL
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
If fast push into 58 on open, I like for a short otherwise will watch for early dips to hold for a long and possible squeeze. Watch for a trend check should be able to get 2pts out of this today. May take a small short into open over 53 for a quick scalp.Recap
No trade here mostly just consolidated. I got a small short in during premarket and thats it. [/vc_column_text][/vc_column][/vc_row]ADSK
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
Nice push and gap up. Thising we get some profit taking so will be eyeing for a short setup. IF we clear 135.80 and 136 bases, this likely goes higher.Recap
nice pop into 139s for a short. couldn't base over 136 so had nice follow through fade into 133 level. If market turns green friday and this bases over 136, watch for next leg up, otherwise profittaking into 128-130 doable. [/vc_column_text][/vc_column][/vc_row]China names
BZUN may carry china names higher. will also watch CMCM.
BABA
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
Eyeing dips for a longRecap
not enough range to make a long trade considering gap up and limited dip [/vc_column_text][/vc_column][/vc_row]JD
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
If 20 bases will take some longRecap
nice read but not enough range for my taste. bounce off of 20 on the open. [/vc_column_text][/vc_column][/vc_row]PDD
[vc_row][vc_column width="1/2"][vc_column_text] [/vc_column_text][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][vc_column_text][/vc_column_text][/vc_column][vc_column width="1/2"] [vc_column_text]Pre-market Notes
eyeing for possible day 2 run and push into 28.Recap
nice consolidation all day lowering push target to 26 into next week. [/vc_column_text][/vc_column][/vc_row]Pot names
Taking pot names off radar for now until we have another catalyst. If you want me to cover these names, please DM me/tweet at me.
Good luck, Trade Safe. Trade Green.
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