Have a look over this Intermediate Course Video 3
Sneak a peek into IU community and see how it is, you can have a walk-through here
Check – The fundamental checklist for technical traders here
UONE – two scenarios here 1) push into 40 and stuff for a short 2) small gap down then shove back 35+ to short and more unwind crazy range so a lot of meat on the bone gonna risk $2 for a fade under 20
DVAX – short any push towards 7 risking .30c for a slide under 6
XSPA – same plan as Friday so far behaving weak open against 4.8 for a long towards 6 if gonna get there might start look for a decent short
COHN – will watch 16 area see if will stuff for a short but not in a hurry to be first in the bets area tho for a short attempt it’s 18 tho so higher the better then stuff if this going to occur later in the morning even better
thanks Emil. Anything pre market you think will help you decide trend on UONE?
Thanks Emil!
So before the next trading day, you’re up-to-speed on the stocks:
• Float
• Short Interest
• Financials
• ER
• News
Is that correct?
Since I’m trading a small account and unable to short, are there any particular indicators to look for when going long?
For instance, MREO has a Short Interest of .06%. Would that indicate that traders are expecting the price to go up?
Pretty much u have nailed it, not the best person o ask about longing trash but a big indicator in not shorting a stock would be big inst. own. whatever above 40% no bueno