On watch 07/18/22 from Emil

by | Jul 17, 2022

USEA – nasty volume on Friday and still closed strong make me think this could have some legs in the next few days, no real bias for now PM action gonna be important to see gap up/down in order to position myself with a good edge.Best scenario tho would be an early wash under 5 shake the tree trap some fomo shorts then ramp back towards 6.5 for the edge short

SIGA -what a layup in a perfect world gonna have a weak open but as this type of chart bring a lot of audience most like that won’t happen so I’m expecting to see a gap and some sort of a push then later in tho morning will want for a dive against 14.5 to snag some long

RHE – thin name but looks like they expect a PR if that gonna occur any push thru 5.5 going to be interesting

PINS – nice gap,nice hold also good volume and numbers behind to sustain or reverse the trend will be on radar in the next days for a long into any build up

NEXI – chop fest galore on Friday but weak close will be looking for more unwind so will watch any pops

MREO – that chart gonna get some attention from b/o players since had a nice move but volume just not there for a follow thru (yet) hope will jam it higher thru 2 and gonna get stuffed there

GOEV – feels crowded and had time to give up but still up here especially after a big volume day, if will soak and perk I’m interested in a long trade thru 5

FFIE – was a nice one on Friday of lows into late morning and strong close will be looking for a gap up thru 8 and some selling into 10am

EVTL – either weak open and failed follow thru for a short or gap up push towards 6.25 short in both cases expecting a fade early in the morning > recycle around core since playing games it pretty common these days after first 1h

 

 

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