If you’d like to get involved in the community and discuss ideas with us, you can do that 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.
TRXC: This has turned into a bit of a cult stock. Not quite ZN cult status, but it’s pretty foolish imo. Their tech is stupid, to be blunt. Maybe wrong word – it’s not stupid, but it’s not desirable, revolutionary, or growing either, and I’m very interested coming back into the 5.50 range for the short. Kinda surprised it made a full recovery on the last rejection. This isn’t really a day trade most days, more of a short swing idea.
GEVO: Was really temped to short this am, but I didn’t. It’s just got this annoying low volume garbage action right now, not ideal for the short, and no surprise it held and clawed it’s way back to 4, the setup just isn’t there – yet. Waiting for a higher volume day and some sort of para move, it looks to just be collecting shorts for now. Ideally a nice move into 4.50-5 blowoff on some decent volume, and I love the short there if we can get that.
YECO: Held kind of well today, looking for a move back towards today’s highs and ideally a 3 blowoff for the short. May be wishful thinking but if it dies, it dies, on to the next.
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
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