On Watch 07/28/20 From Dante

by | Jul 27, 2020

 

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.

WHLM: Ideally shove back into 8s area in the morning for reshort opportunity and likely bleeder most of day, everyone bagged.

VXRT: Ideally this pushes through recent high of 12 towards 12.50s and would like that area a lot for failed follow through and a short trade back down. This will definitely turn out to be a bust name all said and done, but being too early has proven to be deadly on this one, so respect it if gets to our level and doesn’t do what it should.

OCGN: Initial thought is this thing likes psychological levels. First run stalled out at .50c on the dot, then it held .25c as a base after that before this most recent run, got stalled out at .75 today, so next logical spot is psych $1. Any dips early that hold .60 I think it’s a decent shot at a long try, or any early gap/shove through $1, I am watching that very closely for failed follow through to get short. Obviously this is trash which shouldn’t even have to be said.

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

1 Comment

  1. Good stuff, 3 for 3.

    Reply

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