Watchlist: 8/12 SPAC Season

Maret Notes:

Seeing some divergence among the big indexes. DOW and SPY are green while the NASDAQ is red two days in a row now.

About a 50/50 split between stocks above and below their 50 day moving average. It’s still summer…

SPACs, both new and old, are lighting up the board. MVST soared earlier this week post-merger. JOBY was yesterday’s big winner on its first day with the new ticker (formerly RTP). And OPEN is up in the premarket on an earnings beat.

Bitcoin’s bullish stance remains intact. I’m still HODLing.

Risk on today for the perfect setup.

Watchlist:

*Low Float

*RANI is on watch
*DYAI has resistance at $5.50
BTCM has support at $8
SD has support at $8
PXLW watching for a setup above $4
JOBY has support at $11
HUT has resistance at $7
BITF has resistance at $7.50

OTC (on watch, no levels):
NLST, NSAV, LKNCY, EEENF, DPLS, EEENF

watchlist

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