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MVIS: Still another session before their earnings Thursday, so really hoping they have one more trick up their sleeves. I took a few long o/n just fun bucks in case we wake up to something crazy, but I’m really hoping to see 2+ tomorrow and then looking to get short on an exhaustion move into Thursday.
CLSK: Looking for an early shove into 3.50 range for a re-do on the short here.
W: This was setting up to be a big squeeze this afternoon into close, and I still think that’s the agenda – just the stupid Fed had to come and ruin the party at the end of the day. Assuming we resume the grind up tomorrow, watching W to catch and thinking big squeeze move through 180 towards 200 as the “grand finale” on this nightmare of a name. Nothing to fall in love with, and yes, it’s up way too much, yes, the earnings did not warrant this much of a move up, but that doesn’t matter until it does. And the reality is that shorts are in a world of pain still and this is not broken until sub 160s. Had a small short win on it today intraday, but NO interest short anymore until much higher or much lower. It’s 50/50 in this range right now as all moving averages will be caught up in the morning.
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See you out there!
– D
Thanks Dante!
Thanks Dante