MFI keeps going overbought without dropping which is usually an indicator of a melt up about to happen
NQ is already pretty close to filling the gap, but RTY needs to go pumptarded to fill its gap. I think garbage stocks are going to pop before end of next week, because there's another Fed meeting in July so they go to get that gap fill sooner than later.
Might seem odd coming out of my mouth, but go long on your favorite garbage stock, lol. BTFD!
NQ is already pretty close to filling the gap, but RTY needs to go pumptarded to fill its gap. I think garbage stocks are going to pop before end of next week, because there's another Fed meeting in July so they go to get that gap fill sooner than later.
Might seem odd coming out of my mouth, but go long on your favorite garbage stock, lol. BTFD!
Uwaga
Note: I am not planning on shorting anything until this gap fills. Most of the garbage stocks I short tend to move with RTY because garbage stocks are usually small cap.Zlecenie aktywne
BTW, I did dip lightly into some calls, GM (not GME) is my standard play as you guys know by now and AMC, next week's calls. 10 contracts each, so just a small playUwaga
Probably a small case of FOMO, but wanted to get some in case there's an afternoon pump. Both stocks were fairly bullish today despite the morning gap downBoth are capable of moving $2 in a day, and next week's premiums aren;t that bad
Uwaga
Also like PCAR for the gap fill play. If RTY is going to fill teh gap, PCAR will fill at least one of the 3 above
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