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I generally dread days off … But this is an important holiday.
I’m about as patriotic as they get — I have an immense amount of appreciation for the U.S. military.
So please, take some time to look back and appreciate and respect those who have served in order to give us all the freedom we have in our great country. Without the military, we might not have the freedom to trade!
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Here’s what I’m watching today…
Squeeze, delayed? Vertex Energy Inc. (NASDAQ: VTNR) was a top watch yesterday. It briefly spiked but failed to continue. I think it still has great potential. As of the premarket, I’ll be looking for dip and rips at the $6.50 level with risk set at around $6.25...
Will it rip right out of the gate? AMC Entertainment Holdings Inc. (NYSE: AMC) is back in motion. As of the premarket, I was hoping for a break of $31 or $31.50 with a risk of about $1 per share...
Who knows how much upside we’ll see with a play like this. Personally, I think it has all-day potential. It could be choppy in the morning, though. So if you’re under the PDT rule, it might be a good idea to wait until the afternoon...
Jaguar Health Inc. (NASDAQ: JAGX) is a past runner. But right now, it’s got a brick wall of resistance at $1.75. The volume wasn’t so hot yesterday. I like repeat runners, but it needs to break that resistance level before I’d consider it in play.
Electric vehicles (EVs) are back! As of the premarket, I’d consider Plug Power Inc. (NASDAQ: PLUG) a high-priced dip and rip.
Remember, EVs tend to follow the sector leader. Tesla Inc. (NASDAQ: TSLA) is back in motion, and as usual, other EV plays are following suit.
A follower asked about a potential Virgin Galactic Holdings Inc. (NYSE: SPCE) continuation ... It had a beautiful close yesterday, hovering around green. I think it’s still got room to grow. I tip my hat to those who are already in it...
Roblox Corp. (NYSE: RBLX) is a different stock than SPCE but the setup and approach are similar. As of the premarket, I saw both as classic weak open red-to-greens...
If either of them gap down then goes green, particularly on a Friday afternoon, both could provide great entries...
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