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JKS: Insanity move last few weeks. Doesn’t mean it can’t keep going, so just be aware – but eyeing a reversal here soon. Nice clear trend line on mid 41 o/u area, that’s the spot I’m watching. Any morning push tomorrow into mid 40 I’ll be watching for sellers to step in and to short pops from there. Any weak open that reclaims 40, will ignore.
CTIC: 2 the clear level of importance here. Weak open & 2 reclaim, would look to join dips long with a LOD risk. Otherwise gap up/open shove into 2.50+ and then looking to short pops once a lower high is in to risk off of from there.
NNDM: Wouldn’t be shocked to see this just gap down and fade off, but in a perfect world hoping for this to gap up and open shove into 3.50+ area, and would be very interested to get short from there. We’ll see what it looks like in the am.
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See you out there!
– D
Hello,
I have a question for JKS why did you choose 40 as the reclaim level, is it because when you look left 40 is the spot that was hit multiple times?