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TROV: Higher the better tomorrow into 1.90-2 test for the reshort idea.
UBER: Watching any weak open sub 32 & reclaim of that area for more upside tomorrow assuming market cooperating.
MNK: Heavily shorted name which is no secret, so one would think it’s headed for the 3 break & potentially more upside in the nearterm. Would be less enthusiastic about the long trade if we head straight there in the morning – ideally a weak open down into 2.70s and then look to get long with a clear risk should it hold, anticipating 3+.
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
Hey, please let me know what indicator you use as per below, thanks very much !
LBR_SmartADX, its just a standard ToS lower study you should be able to find it
Hello Dante. Are the charts candlestick or Heiken-Ashi? If its Heiken-Ashi, why do you use them rather than candlestick ones? Better trend read?
They’re just normal candlesticks