On Watch 1/14/20 from Dante

by | Jan 13, 2020

 

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 the time to do it. You can have a look at those options here.

PLUG: 4.25 ish area of interest, if any open shoves into that fail, will look to short pops. If a weak open, watching how it reacts into 4, wouldn’t short that scenario until 4 peaks out as new resistance.

LJPC: Don’t underestimate the games Kevin Tang will play, his firm was involved running this up way higher than this in the past, and they did HRTX as well, another wild one. Been a nice orderly walk up thus far, so expect the trend line (below) to hold and wouldn’t think short unless we get a large morning move higher on blowout vol, or a sub 7 trend break. Any slow lethargic weak open down low 7s, first thought would be long until it stops working.

GENE: Largely off most people’s radar now, don’t forget this started from the high 1s, so this is an excellent short swing candidate on any morning fails tomorrow imo.

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

1 Comment

  1. So funny. I went to Duke with Kevin Tang. We hung out in the dorm together. He was such a goofball back then and loved to race Ninja motor bikes. Now, he moves stocks! Crazy!!

    Reply

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