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IMUX: How many vaccine names are just gonna rip with no real reason? I feel like the market will get tired of these. I don’t expect much more out of this one, hoping for an open push back 15+ and looking to fade it mid-morning.
CBAY: Funky recovery. It was either a) big trap or b) covers, so can look at it two ways, and I’m willing to play either one. Weak open tomorrow into 4 that gets saved and look for a run back to recent highs in the 5s, or morning shove into 4.60-.70 that fails and would look to join pops again – something similar to this mornings action.
TWLO: Sitting right at key spot currently for bigger picture trend, currently using 189-190 as that area. Push above 189-90 that gives a higher low and I’m a buyer on dips with a 189-90 risk, or flush below with a lower high and I’m there to short pops again risking that 189-90 area.
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See you out there!
– D
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