Watchlist: 8/16 Dogecoin is Back!

Market notes:

Happy Monday and what a weekend it’s been. The crypto rally continues to hold strong and Dogecoin (DOGE) is leading the way, trading above $0.34 at writing. Its highest level in 2 months.

The meme crypto was boosted over the weekend with tweets from Mark Cuban and Elon Musk.

The news cycle is focused on Afganistan. It’s a disaster, it’s been a disaster for over 20 years. All the options suck, history will be the judge. The market doesn’t care…

Futures are off slightly this morning. I’ve got a shortlist and will trade the perfect setup … Otherwise I’m happy to stay on the bench.

Watchlist:

SPRT is a low float with support at $8
FLGC has support at $15

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

watchlist

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