They're Gambling it Up at the Aria

On an otherwise slow day in the market, biotechnology stock ARIA is breaking higher from a multi-day consolidation period, seen on the daily chart, below. This is one of those highly speculative biotechs, which comes with its own sets of unique risks. But I did look at it as a long setup when I charted in within the past week or two, especially once it cleared $7. That remains the case, as long as $7 now holds as newfound support. Elsewhere, UNG is still free-falling and hands-off, for now, unless I side sign of buyers stepping in for a reversal later today. And DGLY is shaking out the latecomer longs, who played it for more than a quick day-trade yesterday. My SQQQ long is still on the board, though I do not want to see the Nasdaq move too much higher from current levels for me to continue to hold that bearish ETF.