On Watch 1/18/19 from Dante

by | Jan 17, 2019

 

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

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LMFA: We’ve seen this one before, total garbage of course. Watching for a second ss opportunity tomorrow into 2.50 would be ideal, maybe some chats can get us there, then looking to fade it back down. A nothing company with nothing happening, will have a slow death back to 1s.

BIOC: Awesome action today, they were trapping and messing with shorts all day. They’ve got some fundamental reasons to potentially be holding this up, into the 4s would be a gift tomorrow, I’m hoping to see that. Watching for them to blow it through Wednesdays HODs 3.70s and squeeze into 4’s and I’m an eager observer to get short over 4. We’ll see what we get. Won’t chase it down if pre weakness or open selling, has to be my way or the highway.

VHC: They’ve been milking this stupid Apple patent nonsense forever…it’s silly, it’s not material, and they’re not a relevant player in the space whatsoever. That said, it’s been quite the pain in the ass if you were looking to short lately, but the games should be over soon, they’ve successfully screwed shorts twice now, and the end is probably near. Perfect scenario would be an open shove back into the 6s, maybe even flirt with those 6.50s highs, and then expecting a fail and a float back down to the $3-4 range where it belongs.

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

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