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NIO: 50 is a nice round number to target here, perfect world would be a gap up/open shove over 50 towards 51 and looking to fade it in that area. Otherwise weak open into 47.50 area and thinking long on dips there for one more trap into 50+.
PLTR: Nice this am, they finally brought the hammer. Looking for any moves back towards 16 tomorrow, and then looking for failed follow through from there.
XPEV: Thinking fade the open look here. Either gap up shove 50+ and start thinking short from there, otherwise gap down/weak open into 40 support and start thinking long again from there. No interest in trading it first 15 mins of the day. The best approach on these wild rangers is to sacrifice great averages for much higher probability lower entries once confirmation comes. Capitalize on others mistakes and haste, don’t try to predict it.
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See you out there!
-D
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