On Watch 07/14/20 From Dante

 

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

Curious what it’s like to be a member at Investors Underground? Here’s a tour around the community. 

Also we’re running some really great sales right now if you’ve ever been interested in joining IU – now would be a good time to do it. You can have a look at those options here.

ECOR: Great bleeder today, everyone from the session buried, won’t be looking for a ton more from this tomorrow, but don’t forget where it came from. If we can see 2.20s-2.30s early, I’d jump back on that for a re-short opportunity. Gravity is this one’s destination as the volume slowly leaves to new momo names.

EQ: This was just straight squeeze today, so very, very difficult to imagine it has any real staying power now that it’s shown it’s hand. Shorts will be more aware, don’t think lightening strikes twice here, and I expect big fades in the next few days. No exact plan because so thin, but I have eyes on any and all big moves higher for short scalps.

BOXL: Nice gap a/h and like it into the 2.50-3 area a lot tomorrow for the short if we can get there. Will look at it in the morning and see what we’re dealing with pre, hopefully gap up then I like the idea even more. Pretty small float so shouldn’t be out of the question if it wants to.

Shoot me a message anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss your trade ideas with you. If you’re not an IU member and would like to become one, you can join us here.

See you out there!

– D