Jun. 30 at 1:47 AM
🔥 Weekly playlist; 🔥
1. CLSK calls/commons - with BTC looking like a breakout is imminent, revisiting one of my favorite miners. Struggled to break above that upper 10's area last few times but after some accumulation and with a huge amount of institutional ownership they look ready to let it run! Looking at 12.52 as first target and a major resistance level to challenge.
2. NMAX calls/commons - Finally seeing the bottom, in fact we now have a classic double bottom setup! Right leg slightly higher than left. The typical ways these can play out are a tightening sideways action for a few days. This allows indicators to reset and also will give us a confirmation during this accumulation process by trading sideways without price dropping while most individual indicators drop, this is the "tell" and if we see that then 3-7 trading sessions it is!
3. CRWV calls - high risk but the amount of calls taken the last 3 sessions is mind blowing. This could turn into the definition of a gamma squeeze very easily from here.
4. AMZN puts - it's been on a tear, but at this point is incredibly overextended. If any market pullback at all this'll feel the effect the most.
5. SHOP puts - with Canada trade tensions mostly centered on digital services, this poor company is taking it from both sides right now with business split 50/50 Canada to US. We saw PLTR pay the price and good chance SHOP will too. Solid support at 109 as first target. If that breaks it gets ugly fast!
6.
$ALZN &
$CHNR commons - if we see overall market continuation look at low OS low float plays to continue to pop 1 by 1. These two tiny floats will certainly get targeted with momentum.
7.
$SPY ODTE's - could see a pullback Monday given the amount everything is overextended. if so this may create a great scenario into new highs eow! However, don't fight the trend. Will J Powell change his tone Tuesday morning and send it? Very possible, imo
