On watch 08/02/21 from Emil

by | Aug 1, 2021

 

MRIN – looking for any pops towards 8 to short and more unwind that bounce was a trap for longs down here imo

ERYP – any push and fail towards 7 will consider for a short especially if this move will take place later in the morning

BTBT – heavy shorted name but still up here any build and perk later in the morning will be interesting for a long if will gap up and squeeze forget about long..

AMD – ideally some gap or push towards 110 area would love to see this move into 10am then fail for back side

XBIO – gap down on Friday and more unwind but if will manage to hold 4 area and perk later in the day or go side-way for few days I wouldn’t be surprised to see it putting another leg up

1 Comment

  1. Humble1 on August 1, 2021 at 7:35 pm

    Thank you for perspective on XBIO was thinking lower but your explanation points out things i missed.

    Reply

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