On Watch 12/06/19 from Dante

by | Dec 5, 2019

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 the time to do it. You can have a look at those options here.

AUPH: Could see this becoming a huge problem tomorrow if they don’t raise overnight – this thing was in nothing but a slow grind down from 10am on today, opening up the door to speculate that action as being loaded with shorts now. If we wake up to no raise, I’d be more biased to think long anywhere above 16s should dips start to hold. Only interest short would be if we got a big gap pre and rocket ship high teens right at the open.

EXPR: Higher the better early, into 5.50s would be nice and looking for failed follow thru up there. Nothing great about that e/r report. Losing less money than you thought is still losing money, and a bit of a false positive on sentiment for an established company like this. New/growth companies losing money? No problem. Express losing money/YoY declines? Problem.

LXRX: Has a bit of a feel that it may want to blow off shorts and maybe into the 5s tomorrow. I’d watch this ideally for a weak open that gets swiped then think buy dips with a risk on the lows put in from the morning. If it gaps up/opens higher, I’d abandon the long idea.

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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