Watchlist: 5/11 Stonks That Go Down

Market Notes:

The Nasdaq Composite led the way down yesterday and continues to put a drag on the overall markets this morning.

Many of the old WallStreetBets favorites has taken a beating, TSLA, PLTR, SPCE

Russian hackers have taken down the largest pipelines in the US. Fuel prices are on the rise, airplanes at CLT are being sent out with half tanks. I’ll be watching as this story develops.

Crypto is sliding this morning. Bitcoin and Ethereum are both down a few percent. Dogecoin and other alts are still holding up. So I still think the crypto market could rebound.

My main focus will be on OTCs this morning. The bigger moves appear to be happening there.

I’m still risk off. Futures are down. Be safe out there!


*Low Float

*IHT watching for a setup above $5
*ALF has resistance at $5
TMST has support at $14.50
SB has support at $4.30
TEN has support at $13
BTU has support at $5.50
PRTY watching for a setup above $9

OTC (on watch, no levels):


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