FRD on an overextended runner. Got a nice morning panic which I missed but got short into the midday bounce. Faded into the close but still managed to hold up a little bit going into the close. Most likely some shorts covering into the weekend but this held under VWAP after 1pm into the close which is a strong sign of potential backside move. Watching for some weakness next week to swing this down to $21 consolidation point. Would cover some into a panic near $21 and try to hold the remaining short in case that consolidation fails and we get panic from dip buys getting out. Friday was forming a slight symmetrical triangle and could go either way but I think it will be hard for $TUP to keep grinding higher after being up so much.
Panic dip buy near $100.
Breakout over 52 week highs. Consolidating a bit near the levels and is a bit choppy. If we can get lots of volume to break the highs of $25 this could run. I am looking at a overextended spike as this stock has history of spikes then next day fails. In addition, the second wave breakout typically doesn’t hold well and I think a spike would fail.
Bouncing after the huge fade from $31 to $8 over multiple months. Has been bouncing the past couple of days which I missed. Could see this getting up to $18 before another fade back down. Might look to short the bounce if it gets high enough but don’t want to hold a short for weeks if it will be slow enough.
Watching for breakout to short into major spiking.
$110 is a major support level that has been tested this week. Ideally we get a panic through it and test close to $100 for a dip buy into panic.
Short into big pops as this company is over valued + Hindenburg hit piece + bagholders selling.