Watchlist: 6/18 The End of Meme

Market Notes:

The talking heads are calling for a meme stock crash, but to me, the chart patterns for AMC and GME are rather bullish. No position here, but I’m not buying their version of events. Who’s side are they on anyway?

Markets are moving sideways after yesterday’s dip was bought.

Bitcoin is retreating from its $40K breakout. Watching for it to hold the 200 day moving average near $35K. If it fails look out below…

I’m risk off, nothing great in the markets right now. I’ll keep lines in the water and wait for a bite. You can’t lose what you don’t risk.

Watchlist:

SNPX is a low float with resistance at $12
CLSD watching for a setup above $5
CTXR has support at $3.40

OTC (on watch, no levels):
HTZGQ, ABML, ENZC, RECAF, DPLS, MJWL, RSHN, RLLCF

watchlist

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