Quick Take on Top Gainers (Futures):
Very Hot Right Now:
TLM (+88%)
BIRB (+59%)
$MU (+46%)
MAGMA (+39%)
These are moving extremely hard and are highly overextended. Big chance of sharp reversal or profit booking soon.
Slightly Better Risk-Reward:
$STAR (+24.7%)
$SLX (+23.6%)
BREV (+22.7%)
These are still pumping but not as crazy as the top 3.
My Honest View:
Right now, chasing the top gainers (especially TLM & BIRB) is very risky. Most of these big green candles in gainers list reverse hard within hours.
Very Hot Right Now:
TLM (+88%)
BIRB (+59%)
$MU (+46%)
MAGMA (+39%)
These are moving extremely hard and are highly overextended. Big chance of sharp reversal or profit booking soon.
Slightly Better Risk-Reward:
$STAR (+24.7%)
$SLX (+23.6%)
BREV (+22.7%)
These are still pumping but not as crazy as the top 3.
My Honest View:
Right now, chasing the top gainers (especially TLM & BIRB) is very risky. Most of these big green candles in gainers list reverse hard within hours.