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CRON: Short swing working better today. Didn’t get involved to cover for .60c, so still holding all and ideally would like to get 1.5-2 pts out of the trade. Adjusting risk to 10 stop now from 10.30 previous. Shouldn’t see higher again imo, if it does that’s a red flag.
ETSY: This has been trending up for a while now and just broke through new 52 week highs, looking for a pullback day tomorrow. Will have to keep an eye on the overall mkt, but definitely short bias based on the last 3 days of pretty aggressive buying since the e/r beat. Expecting some profit taking at a minimum. Ideally morning para 55s & failed follow thru, but not afraid to chase it lower should it open weak and fail to recover.
NVLN: Expecting this to just die more tomorrow, but monitoring for potential early shove back 1.60-.80 for the re-short otherwise I’ll probably just ignore.
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See you out there!
– D
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