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 🙂
QTT: Sick volume day. Perfect world would be a gap up/strong open tomorrow through 5 and then would be interested in entries there for a move back to 3.50 in the coming days if not lower.
EH: Not really what I was looking for here in a consolidation day. This is possibly resetting to make that push on the magical 100 mark. I definitely think the beginning of the end is still near, but with todays sideways nonsense they’ve likely roped in one last round of shorts before it shoots to 100. So the two options would be look for that 100 blowoff move, otherwise any weak open that rejects 75 I’d look to start short 73s 74s against that 75 level as a risk. Clearly proven it can go wherever it wants and as high as it wants, so absolutely nothing to fight with if you do decide to start the short and appear to be incorrect. Run don’t walk.
GEVO: Perennial shitbag of the day award – always like bringing this one back into focus. Looking for a shove back through psychological level 10 tomorrow in a perfect world and then eyeballing this for swing entries. This is one that will pay for a long time once they’re done with the nonsense which probably isn’t too far away. As always adding to loser here not recommended, but start to get dialed into this one if you like short swings, will be a fun one as the crowd forgets and goes after the next shiny name.
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
0 Comments