On Watch 6/15/21 From Dante

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AVXL: Absolutely known perennial shitbag, but doesn’t mean can’t get of hand first. Everyone knows exactly what this is, which is exactly why the first round of shorts at 18-19 failed. Watching for weak open into 19s-20 area to be saved for more continuation tomorrow, or a nice gap up into 25+ early to start thinking short. Fading the open look would be my bias, so we’ll see which way we wake up to, and pick one of those two game plans from there.

ENOB: Every single long absolutely smoked today (and undoubtedly some still clinging to hope that remain long), so knowing thats the most likely case, a perfect world is for them to push this up premarket tomorrow when there’s little to no resistance, and then resume selling, which is clearly what the intent was the entire time today. Anything back into 9-10 area in order to think short again. Any less than that, probably becomes much less exciting and not the best use of capital tomorrow.

SENS: Starting to like this daily a lot. I’m hoping they have one more trick up their sleeve – looking at action into close, if I was short today, I’d probably have held some over because it looked so good into close. Steady sell all afternoon, why cover? So with that in mind, I’m hoping they catch those overnight shorts by surprise and gap this up and shove it towards 5 near open. That would have me super excited. But even here around 4, if you’ve got the BP and the patience, probably becomes a good short swing on pops over the next week or so. Lot of air underneath.