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CGC: Weeds got absolutely pummeled today…nuts. I expect a lot of that had to do with the overall market as well, I’m not sure I’d try and bounce CRON or IGC they are total shit bags, but I like CGC for a relief rally tomorrow, ideally a weak open that gets saved off 32 & bounce from there is what I’d look for.
SOLO: Ideally push over that 5.30 spot tmrw to scare some o/n guys out and a panic towards 6 for entries on the re-short.
YECO: Nothing I want to chase lower, but if we got 7s again then that’s interesting for the re-short. I’ve got a horrible bias against any Chinese Nasdaq names since 99% of them are total garbage and this one is likely no different. Keep eyes on for strength and failed follow through for another short opportunity.
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See you out there!
– D
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