$LIZI has been on fire. 3 green days, I was stalking a short entry around 11:00am but did not get it as it showed strength.
For the past 3 days in a row, it's been pushing at market open, I expect same today.
Average time to start fading is around 11:00am - 12:00pm, today I am looking at scalping once it hits the premarket high of 20.09 (very strong resistance). Above 20, it will probably squeeze a little, but I can see today will be first red day.
Short at sight of weakness, breaking uptrend lines, be careful of any share volume above 250K/min. Long at Buy area indicated, confluence of support and trendline (around 13.50 - 13.75 area).
Trade your plan, manage your risk. GL & Happy Friday.
For the past 3 days in a row, it's been pushing at market open, I expect same today.
Average time to start fading is around 11:00am - 12:00pm, today I am looking at scalping once it hits the premarket high of 20.09 (very strong resistance). Above 20, it will probably squeeze a little, but I can see today will be first red day.
Short at sight of weakness, breaking uptrend lines, be careful of any share volume above 250K/min. Long at Buy area indicated, confluence of support and trendline (around 13.50 - 13.75 area).
Trade your plan, manage your risk. GL & Happy Friday.