Scan for 07/02/20 From Nate

by | Jul 1, 2020

Nice way to start July.

WKHS kick ass move into close – was a bit early didn’t really size but got a good feel for it and then got that fast flush into the bell.

Key is not pre exhausting for fighting with size.

MYOS key levels were perfect today hope you guys all nailed as well.

INO Nice rebounds – NO OVER STAYS – and SUNW great fader into midday.

Here’s the plan for tomorrow and remember we are off Friday!

Let’s see what tomorrow brings – slim scan tonight.

Main Watches:

INO I parked some in Etrade – I’d love a weak open flush and rebound. I think once this rebounds I’ll scale in and size up — but do NOT size into weakness IMO — edge = flush out and rebound scalp — scale if it holds. Same way I short only flip the thesis. I’d rather be scaling sizing AFTER key levels hold. Hopefully levels held well.

WKHS higher better $22-25 + please we’ll see. Should be a monster trade. Stay safe, stay patient. Big opps today off open and into close. If you’re wrong be wrong no reason to size until action suggest so – for most that may not make sense. So, avoid.

Failed Follow Through:

SUNW higher better and unwind back to .70s or lower.

MYOS higher better but thinking we have a weak open. Great trade today. Levels were A+ hopefully they helped you guys stay safe. Thinking we could be down 30%

YRCW nice one today – higher better and back side. Great trade today.

OPK higher better for back side unwind thinking we could get .30-.50 more.

BLNK higher better for unwind.

Continuation:

ATHE if they don’t raise over night — this could base for a nice squeeze out given the volume. Watching dips vs $1.70s — offering is on table though be aware on the ASX .PDF I posted today.

ASTC $3.30-3.50 still key or a PR — if this get’s one in this market it’s $4-5 fast.

Staying Familiar:

1 Comment

  1. Thanks Nate…..cannot wait for another awesome Trading Day with you and the rest of the IU community!!

    Reply

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