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RIOT: The usual….buying this on dips with bitcoin back on the march. Bitcoin ripsticks left and right so this is going to gap up, can only hope for some nice flushes early to get in on dips, liking that 21 area as a stop point if you’re thinking swing. Assuming Bitcoin is gunning for 40K again we should see this float up 25+ easily next few days.
ATOS: Interesting one. Nice volume. Watched the tape most of the day, felt very supported/controlled the entire time. Around 3 a/h right now, so I think if this has a weak open you can try it long with a 2.50 risk level and have a chance at a pretty good r/r trade. The news reads very well and 8 million shares short, so wouldn’t shock me at all to see this have some follow through to the upside that ends in fireworks for an exit.
AMC: Thinking bounce tomorrow. Everyone realizes Wallstreetbets is garbage and not actually responsible for any of this. Everyone is all bear’d up and loaded short and green on said short trade. If we get an open move lower and flush out towards 6 again, have it on radar for a relief rally. I either want to see that weak open/fresh lows to start thinking long, otherwise I’d love to see it close weak and back toward that 6 area and I could see myself trying it right at the end of the day to hold overnight for some a/h float up that we’re all so accustomed to seeing by this name. Same concept applies to GME. Also just realized I have all long ideas tonight. Who am I lol.
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See you out there!
-D
Thanks Dante!
it’s a Long…way to go… tkx Dante
Thank you, Dante!