On watch 08/06/21 from Emil

by | Aug 5, 2021

 

MARA – nice follow thru from yesterday looking for more continuation ideally a weak open and some build up targeting 40 in the next coming days

RIOT – a bit laggy but looking for the same move as MARA did yesterday

INFI – might have some legs had a nice build yesterday after Wednesday article will watch dips vs 2.9

MRNA – looks like slowed down for a bit and exhausted this push, ideally will have some pops and fail against 425 area for a short (been offset on this one in the past few days giving the context but I’d take paper cuts any day in order to get a big move rather than chase it all the way up here)

 

3 Comments

  1. Thai on August 5, 2021 at 7:38 am

    Hi Emil,
    Good morning,

    I am new so I am trying to learn the terminology.

    MARA – builds up and putting a narrow range looking for some expansion of these levels will watch dips vs 28.5
    buy the dips? or are you looking to short at 28.50 – both?

    Reply
    • thejyoung87 on August 5, 2021 at 8:25 am

      hes looking to go long if 28.50 level holds. The last couple days candles have a narrow range and hes looking for a move out of this range vs 28.50

      Reply
      • Thai on August 6, 2021 at 8:21 am

        thx @thejyoung87 – Learning a lot from everyone.

        Reply

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