On Watch 12/27/19 from Dante

by | Dec 26, 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.

SAVA: I envision this just dying tomorrow right out of the gate, but we’ll see what we wake up to. 4.30 is the area of interest, so anything below there I’m looking to short pops, otherwise 5+ to be interested. Anything mid/high 4’s will just watch and see what they’re doing.

CANF: One of my favorite perennial shitbags. Volume kind of light so nothing I’m loving yet, but definitely watching this. Hopefully they have another day of trapping, weak open hold into 3.50 and rip 4+ on some volume, then would be interested in thinking short after reassessing up there. Definitely not shorting a weak open though.

ACOR: Perfect world here would be weak open into 2.50 and then rip 3+ for the short idea up there.

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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