On Watch 12/04/18 from Dante

by | Dec 3, 2018

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

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CRON: L-O-L. Nobody is acquiring CRON. RIP to everyone buying and holding on that rumor. Love to see it running up more a/h tonight, that is likely being done so they can sell at better prices tomorrow, and I’m highly confident this is all merely an attempt to cause a fuss and create a bid for them to do more selling into. Hoping for more float up pre tmrw and will be watching for a fail out of open to join pops ss. Into 12 area again would be nice for entries.

APHA: Watch for weak open & then 5.50 reclaim for the long idea tomorrow. It’s absolutely a piece of garbage and I’m sure the short report is accurate, but usually these things take time to play out, it was also loaded with shorts all afternoon today, so thinking very short term here, probably biased towards the bounce play tmrw before lower again later this week.

NVLN: Nice move a/h today, should be in play and a chat rat target tomorrow. Don’t really care about the 13D/A with letter saying its worth $10-30 share, that’s cannon fodder for selling for whoever needs to get out of this thing. Hoping for much higher before the short, ideally into the 3 area that would have my attention. Just watching tmrw unless we approach 3-3.30ish. We’ll see what we wake up to and re-assess.

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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