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WKHS: They’re pumping up this little turd nicely. Seems like inevitable blow through 3 tomorrow and very likely the previous highs from a few weeks ago at 3.27. Should be a popular chat rat target tomorrow, so any early gap up/open shove action into low 3s it’s a top watch for a breach of daily highs and likely start to look short around 3.50-3.80 area.
MLNT: Ideally gap up/open shove through today’s highs into the 7 area and look for the short idea around there.
AXGT: Disappointing today, just a dud. However it is holding this 6 base, so any weak open & 6 hold again tomorrow, it’s got the potential to take off higher as a decent long idea off 6 risk once it proves it’ll hold that out of the open in that scenario. Watching for that. The short isn’t all too appealing now after today’s action and failure to breach 6. So again, wouldn’t just buy it into 6 tomorrow, but if it holds and by mid morning it isn’t heading lower, it’s got decent potential for the long scalp idea. The volume will be the tell. It’s nonexistent right now, so not a great sign for the long at this very moment, but pay close attention to it and if it starts to come in, this could go for sure.
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See you out there!
– D
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