Friday, March 25, 2022

humble, nervous this morning

Feeling humble and nervous this morning. Counterbalance to recent overconfidence. 
Friday trading. I have a chance to do great ... or get burned. 

Looking at:
BBBY - meme stock. fading hard off early morning surge. What's the play? Maybe off the hourly levels. Or maybe inside bar and stay away.

MARA/COIN - gaps above bottom/downtrend patterns. This should be my best setup today. 

BABA/PDD/JD/BEKE - China exhaustion selling off huge 2-wk runups. Fade strength with caution.

NIO/XPEV/TSLA - fading, buzzing, but not really my setup.

Good to do this analysis. MARA running up 9:27. I hope I can catch it. Watch out for exuberance pricing in the option in the open. Wait for pb. Consider scaling in.


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