6/7 

Panic Dip Buys: 

AMC: any big dips towards 40 or high 30s should have support bounces, or a weak open r/g move to trap shorts.

BB: dips to 12 or 11.50, watch with AMC, or weak open r/g 

 

Continuation:

SENS: 281M, positive news friday for glucose monitoring, biggest vol since Jan, want 2.80-3 level to stay firm for follow thru. 

HMBL: Acquisition news friday, been faking out shorts lately going red then going green, longer term shorts are bagged, ideally risk 1.45 want perk thru 1.60 with volume to break 1.75 and trend to 2. 

WPG: 24M, inside consolidation days, never let shorts out, proven it can rip up quickly, want 5 to reclaim and hold to test 5.25, if that level accepts look for 5.50-6. 

BBIG: if 4.50 level can reclaim and hold, could squeeze up, if not look for more failed follow thru for short

FAMI: 12.3M, want .50 to reclaim, for a b/o over .55.

EYES; 18M, had some juice and kept most of its gains, watching to see if 6.10-6.25 stays firm for push thru 7 to get really squeezy to high 7s-8. 

ASXC: 228M, slower mover, but over 3 and hold could trend to 3.50

 

Short: 

LEDS: 2.4M, FRD watch 

WKHS: 112M, 14 rejects on pop, or if stays heavy under 13. 

ADMP: 147M, watch if 1.15 level cant break, 

MOSY: 5.10M, frd watch 

SPCE: 170M, short report friday, kind of just consolidated. Doubled in past 2 weeks, ideally pops toward 32 and has failed follow thru for better r/r. If 31 fails, should flush to 30-28s. 

VTNR: 36.5M if 9 cant reclaim, should have some pull towards low 8s. Still up from 1s in about a week, holding most gains so aggressive shorts are bent. 9 breaks, could continue squeezing. 

 

Similar Charts to watch: 

 

SKLZ, CLOV, HYLN, RIDE.. all former runners, bouncing and watching for eventual longer term unwind/swing shorts.