On Watch 08/14/20 From Dante

by | Aug 13, 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.

BLNK: Really nothing great about this e/r report, so eyes on it tomorrow to fade off. They’re throwing nice big % increases at you, but in reality it’s very small potatoes and not even remotely relevant to…anything. That 350m market cap with total revenue for the half of 2.9m is also…well, you can pick your favorite adjective here lol. Hopefully a morning shove first into 13.50 and then 10am+ kind of fader look. Weak open will ignore however, as a lot of support down into 12 – don’t want to be shorting into that.

CAAS: Sweet a/h moves, this one should have the attention of all the chat rats tomorrow – so we’ll look for the typical action there of big morning move ideally 6+ and then looking to get short from there, especially if the “bearded one” sticks his hand in the cookie jar.

MCRB: Pretty sick squeezer today, punked everyone real good. Little bit too much too fast again like Monday I think, so ideally we get a gap up back over 30 tomorrow and then looking for sellers to step in. Due to the range it’s nothing you want to try and find the top of – will just wait for a top to get put in, and then a lower high to risk off of from there with a HOD stop.

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

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course