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.
Sorry for the little absence, been moving all of my office equipment over to the new space and doing some renovations on the business. Back up and running now!
BTBT: Starting to get interested in this one. Perfect world we get one more shove over 30 thru new highs, and then looking for best short swing entries there. If not, looking for a 30 o/u rejection and then looking to start in on pops from there. Don’t see any reason this isn’t headed back towards 20 or lower. This trade will get better each passing day as the masses move on to the next shiny object, so don’t get caught too soon with too much size in the immediate – time horizon 1-2 weeks on the idea.
RIOT: If you can’t beat em, join em. Looking at this as a long swing idea in the nearterm. I think Bitcoin will continue to push forward towards 40-45K before any real “correction” – so if that materializes, you’ll see RIOT well into the 20s at some point in the next week or two. Will be looking for entries ideally around 17 tomorrow, and then look for bitcoin to continue to march on and the rest will take care of itself in this name. ABSOLUTE garbage for the record…but between short interest and attachment to bitcoin, it’s got more upside than downside in the immediate in my opinion. Can’t believe I’m saying that but you have to put bias aside sometimes. If the bitcoin move materializes, this will be a great long yet.
NIO: 54 area of interest here obviously – should it continue to reject there in the morning, very interested in a short swing idea here using that area as a risk guide. This has a lot of room to fall when the pump is done, and I absolutely believe this is nothing more than a very, very expensive pump.
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
Thank u, Dante!