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SNAP: As always though this is a tricky one with a lot of short interest, so be smart. Thinking pressure will continue this week, but don’t look to be chasing it down. I’m watching for any days it gaps up/has quick moves up like this am to fade it the rest of the week. Tomorrow anything over 42 and looking for sellers to step in there and would short pops on a fail into this level. Weak opens, will ignore the short trade. Can consider washout/weak open longs if that’s your thing.
WWR: Glad to see this back to life and trying a relief rally. I like the 5.60 area as a short spot, hoping we can make an attempt on that area tomorrow, and if we do, I’ll look to fade it from there with a 6 o/u stop most likely. If we do get stopped out over 6, will be monitoring it even more closely the next day to hit it even harder. Absolute garbage here.
GME: They were looking to get out in a hurry today. Expecting follow through lower here, so ideally a little push attempt tomorrow anything into 14.50 area is ideal, then looking to fade it back down from there, swing type.
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