On Watch 12/02/20 From Dante

by | Dec 1, 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.

RIOT: Bitcoin continuing to reject 20K, so that should stall this name nearterm. Will be looking to short this tomorrow if we continue to see bitcoin pressure.

EARS: Perennial shitbag of the day award. Love to see this back in play, a favorite short in the past. Hopeful for 7+ early tomorrow and then looking to fade it from there. Weak open into the 4 area that holds, would consider it long for a quick scalp. This should be on radar for a swing as well, pure air underneath and plenty of room to fall, which it will in a few days from now when they crowd has moved on to the next hot name.

GMHI: Got everyone pretty good this morning. Expecting follow through lower, but hopefully a quick morning short squeeze first from anyone left overnight, no interest shorting down into 16 if weak open, but best case scenario is a push on 18 area, watching for sellers to step in there and to start a position.

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. I love your perennial shitbag comments..truth much appreciated

    Reply

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