On Watch 11/13/20 From Dante

by | Nov 12, 2020

 

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.

NIO: 50 is a nice round number to target here, perfect world would be a gap up/open shove over 50 towards 51 and looking to fade it in that area. Otherwise weak open into 47.50 area and thinking long on dips there for one more trap into 50+.

PLTR: Nice this am, they finally brought the hammer. Looking for any moves back towards 16 tomorrow, and then looking for failed follow through from there.

XPEV: Thinking fade the open look here. Either gap up shove 50+ and start thinking short from there, otherwise gap down/weak open into 40 support and start thinking long again from there. No interest in trading it first 15 mins of the day. The best approach on these wild rangers is to sacrifice great averages for much higher probability lower entries once confirmation comes. Capitalize on others mistakes and haste, don’t try to predict it.

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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