Monday, July 8, 2019
7/8_KPTI, OSTK, RAD, SOLY
Small cap is dead and mid-large cap is difficult and choppy to trade.
KPTI-idea is right and overall direction is downward but not type of trade I looked for. too slow
OSTK-could have stopped out earlier by hitting the offers. kept the bias and hesitated.
RAD-r/s and breakout thinking they used it for unloading. nope. slow stead grind action. pullback magnitude theory don't work in this case!
1)wait for it to get to the point that if I were short I would panic covering.
2)it's got history of fail follow thru in late day.
3) thin in the air and lots of refreshing bids. ideally $20+ push tomorrow for all day fade.
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