Market Analysis for Feb 12th, 2021

By Ricky Wen

Feb 12, 2021 - 11:33 AM EST

Feeling extra aggressive today with oversharing of my overall uber bullish portfolio...

MJ worth a look. Huge rally, then pull backed into daily 20EMA zone for an easy R/R buy

One of my spec positions but could be a quick +50-100% potential with defined risk on common shares alone

Dead wrong below $21-20 = NOT GOOD, GTFO....

Target $35, then $50. This is another million dollar lotto for me (risk is premium paid)

I gotta keep riding trains till they derail....manage risk!

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.

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