On Watch 08/25/20 From Dante

by | Aug 24, 2020

 

 

Was on vacation last week folks – sorry for no scans. We’re back now!

 

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.

CGIX: Awesome volume today. This one is likely going to open on SSR tomorrow, so really no interest short in the immediate. Lots swinging this short I’d imagine, so if weak open & holds up, plus SSR, pretty good reason for many to cover. I’d watch as a potential long tomorrow anywhere into 4-4.50 area early if we get it. If gap up/open shove, eyeing the 7.50 area for re-short spot.

SHLL: Today was likely a little bit of capitulation through the daily highs, so eyeing it tomorrow morning should it gap up for a quickie short. Ideally 45+ right out of the gate and would like to join short on first signs of weakness from there. Scalp trade only.

IBIO: Nice little after hours shove there to trap everyone swinging a bit. Would like to fade the morning look here – weak open if 2.20s hold it’ll likely give a decent long try, otherwise open shove through today’s highs towards $3 and would love the short around that level.

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

2 Comments

  1. Thank you.

    Reply
  2. welcome back. Thanks

    Reply

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