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SRNE: The circus rolls on. Looking for 11 tomorrow to fail and would like to fade it from there. Won’t chase early weakness down though, name has been and will continue to be incredibly trappy. Anything back 11+ early will look to play it on the short scalp side, otherwise avoid.
ZM: Quite the run last few days off high 300s, would expect this to give a little back soon, that nice even 500 number seems inevitable now, so a push through that towards 510 in a perfect world and looking to fade the 500+ fail.
BLNK: Very stupid, per usual. Looking for an early try back into low 9s and fail there for the fade back down and probably swing type, resting place should be back in the 6s in a few days.
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
Thanks, Dante. I’m a new IU member and appreciate your scan! Best today. – Jeremy