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XGTI: I attached today’s day-trade PnL because I was up a bunch on XGTI short from $1.99, but as the trend started to hold and reverse rather than be stubborn and say “I was just up xxxxxxx I’ll just wait for it to come back” I took some off for a small gain then breakeven, then small loss on the last bits. The thing I hate doing most is being up a bunch on a stock and letting it turn my profits into a loss. I can always re short later. No need to hold and wait. Really excited for this one in the morning. Morning gap and push on $2.50-$3 then looking to fade her back. Not interested in chasing weakness. Please don’t raise overnight lol
DRYS: UNREAL!!! Still think $3.50s coming by the end of the week. ALL pops s/s no matter what. Even if this bounces 50 cents or a dollar, it’ll come right back faster than anyone expects. Look at TOPS. THIS DOESN’T NEED TO BOUNCE.
VRX: Looked like a fail into close. Will watch pops tomorrow with $14.50s risk. Ideally slow melt when no one is looking, but this is nothing to fight.
SNAP: Still holding short in swing account. Stock feels really crowded. Depending on how it reacts tomorrow I may add, or just take it off completely. Morning push on $21-$21.20s then fade back. If it holds and consolidates I’ll take it off and monitor it for higher later on.
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