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SRNE: Absolutely nutso volume, this likely won’t go away without some more fireworks yet. Worst thing for the long trade would be more shove in pre, that will flip bias to looking short after an open cover rush 3.50-4+. But for the long, weak open into 2.80-3 area and if that holds, would look to be buying dips for 3.50+ later.
LYFT: This is stupid. Hopefully we get to psych 50 area in the morning and I’m looking for sellers to step in and definitely short bias here tomorrow.
SPCE: This has gotten absolutely smoked lately, and paying specific attention to the last two days on the daily and the ramp in volume, likely some bounce tomorrow on sellers exhaustion. So any weak open there I’d have eyes on it for a potential relief rally day.
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See you out there!
– D
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