On Watch 08/16/18 from Dante

 

If you’d like to get involved in our community and discuss ideas in chat, you can do that here.

You can find a compilation of all Alex and I’s webinars here. 

Also I’ve started an audio-blog series where I narrate all my favorite blog posts for you guys. You can find that here. 

 

OSTK: I hate this story, it reeks to high hell, but I think there may be a long trade coming up soon, this has been straight beat down to a pulp for 4 days in a row now with zero relief, I’m watching for it to base around 30 and thinking bounce play soon risking off that.

PTIE: Lot of stupid talk surrounding this name, but can never underestimate hype. There’s certainly been someone there supporting it, and they definitely have shorts in a bind, so I would remain long biased tomorrow. This is such a tiny company it can really take off and surprise people. Not interested ss at all yet. Will have more of my attention for that trade if we start to see mid 3s.

BOXL: Perennial shitbag here, been on a nice run off the lows, not a ton of volume though so it may have a little more in it near term, I’d like to see one more push day for some capitulation and a little more activity, and I’d be looking to fade any sharp moves higher on volume.

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