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RIOT: What an awesome swing trade from the idea the other day at 17, congrats anyone who nailed it. I really thought bitcoin would pull into the 20s before we got another leg up, but here we are back on the march. I still believe 50K is next stop, so if that’s the case, this RIOT should continue to melt up. I sold 23s last week, but looking to get back involved anything closer to 20 next. Perfect world bitcoin will give a little back overnight and we wake up to some sort of gap down, and then start to look for entries from there. Really still cannot believe I bought RIOT at $17, that’s 16.50 too high, but here we are. Truly speaks to the absurdity of this market. If ya can’t beat em, join em. Less thinking the better right now.
JAGX: Cannot shake my head enough. Got stopped out on this one the other day, but looking to get back involved. Only a matter of time before gravity does it’s job here. Been walking up but I think just weeding people out. Anything back over 4 tomorrow would be interested in starting another swing idea on it. If weak open, would still consider joining on pops with a HOD risk. This will end up back at $2 in the not too distant future as it always does, and absolutely nothing material here at all.
TLRY: Nice moves recently. Think there’s a nice opportunity setting up on the short side. Perfect world for me would be a nice blowoff into psych 20 tomorrow and would be very interested in starting the swing short idea around there. If not, anything thru 16 that gets whacked with convincing sell vol, would be interested in that as well with HOD stops.
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 man!!
thanks so much dante