Pretty sweet day – had a call midday and then had the last 30 minutes and they all worked well – good power half hour!
WE came right into range – great discussion today in lounge I hope it helped.
Good cheapie faders today.
Main Watches:
WE nice one today – great discussion in lounge.
FFIE weak open for squeeze up is ideal – blow off and unwind
RCKT 945-10AM + trend join – thinking $1-2/share potential
Failed Follow Through:
ACB higher better for back side – if it flushes off open I’d consider a reversal trade
CGC same as ACB
NVOS higher better and fade .35-.38 ideally off .45+ push
ACHR higher better for back side
BLRX so far good from sell the news set up idea – right into range.
AVTX morning shove and ideally 30% fade
ZVSA morning shove and failed follow through set up is ideal
Continuation:
AXLA weak open and r/g potential – I am not overly bullish but it held oddly well makes me think we could have a surprise T+2 cover — that said if it stays heavy … it stays heavy … don’t force a trade.
GSIT watching for reversal trade 30-40% at some point if outlier vol or PR
JUPW walking up
STIX good so far – sold a few today
CDTX liq trap set up
Staying Familiar:
Jupiter Wellness used to be called “CBD Brands Inc” might have something to do with it