On Watch 1/20/21 From Dante

by | Jan 20, 2021

 

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.

 

Office construction almost complete guys! Hoping to be back in the room daily within a week or so now, see you soon 🙂

 

BB: What a comeback for the future of technology! Once again, said no one ever. Caught shorts on their heels again today, impressive comeback, and now the short trade getting even more juicy. Looking for a morning blowoff tomorrow into 13.50-14+ and then highly interested in hitting pops from there once a top in to risk off of. It’s about to run into multi-year resistance soon near 14 as well, so the stars are aligning nicely for this one to be a monster soon.

INUV: Liking the look of this one a lot. Morning shove through 2 would have my interest for a short swing idea. This will be one where as soon as the volume is gone, everyone will move on to the next shiny object and this will have a 30%+ short swing in it back to the downside with gravity bleed incoming.

TRXC: Oldie perennial shitbag of the day. Everyone knows this, which is why the push today probably had as much steam as it did…shorts indeed getting steamrolled. However if you’re not one of them, then you should be licking your chops looking at this chart, the name perennially disappoints in regards to materializing any of the promising crap they spew, and this time will be no different. Love to see the big volume today relative to the run up thus far, usually a fairly good indicator that it’s the beginning of the end. Eyes on anything into high 3s-4 that fails tomorrow to look to start getting involved, anything 4+ even better, and then look for gravity to start doing her job shortly after.

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. love all your comments man

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course