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JFIN: A tale as old as time, just a steady brutal endless algo swipe over and over to roast shorts right into the closing bell. I am hoping to see a big gap or open shove here, higher the better back 15+, and then really everything 12+ is all stuck shorts helping the price up, I expect a nice swift move down tomorrow post open and probably settles closer to 10 by the end of the week, if you want a bigger picture trade, which is my preference.
SPRT: Didn’t trade this today, but looking at it tomorrow. Either big open move into psychological 10 to really get shorts squirming and looking at entries up there post fail, or weak open into 6.50-7 area that holds past 10-10:30 and I think it’s got potential to take folks for a ride again. Ideal scenario is the first one though, 10s would be licking my chops, this is a very silly one and company a nobody.
YVR: Got the impression of being very squeezy today as well, think this one gives it all back up in the not too distant future. Perfect world would be 5+ out of the gate and then slow fizzle back to settle around 3 in a couple days. One of my top watched for a swing idea. Volume not too crazy, doesn’t feel like much of a big $$ algo here so I don’t see it as much of an “account breaker” threat, but still good meat back to $3. Hence, why it’s one of my higher short swing targets right now.
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See you out there!
-D
Thank you, Dante!