Market Notes:
Crypto markets appear to be stabilizing, the overall trend does appear bearish at the moment. COIN fell below $250, its initial list price. Dave Portnoy jumped on the Safemoon bandwagon.
Elon Musk’s Twitter account is boring this morning. There are ew bets for and against TSLA.
WallStreetBets is making a play at AMC, which reached breakout levels in after-hours trading.
The stock market is still in summer trading mode. I expect the market to continue the sideways movement for months unless the narrative changes.
Futures are up, I’m still risk off.
Watchlist:
*HYRE has support at $14
ITI has resistance at $7.75
BTU is on watch
BCRX has support at $14
AMC has support at $14.50
OTC (on watch, no levels):
HTZGQ, TAWNF, GGII, HMBL, ENZC, GVSI, OZSC, RGBP
