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.
SOS: What a sick ramp a/hs…it couldn’t be more blatantly obvious to want to short this tomorrow, so that’s exactly why I think it will provide a nice long. Want to see what it looks like early am, I am hoping for a gap down. We know there is a 100mm+ algo very familiar with the name, so don’t be surprised to see more games from here. No point guessing levels right now, but keep an eye on any morning weakness that holds, may catch people off guard again.
NGTF: Liking this daily a lot. Was able to consolidate at .30 for a while and holding. They have forward looking events coming in the form of Walmart launch details, as well as a national hotel chain trial announcement. Anyone who was interested in selling at .30, had somebody there to absorb all of it. I’ve been slowly buying this since .17, and no plans to sell anytime soon. It’s low float, low volume, and couldn’t be less “exciting”, but one of those basket swings that could heat up and 2,3,4x very fast in the right conditions. Also lots of company incentives to see .50, .75 and $1. Thinking it makes another move soon. Again, just one to leave in the “do not look” basket and think the reward is much greater than the risk with the fundamental and technical setup. We’ll see.
BTX: One to not forget about moving forward. Setting up nicely into one of the signature setups I talk about – the name that’s still up way too much, but no longer having the range and volume to garner too much attention and people forget about them. Back into 7 tomorrow would be great, and then look for it to engage the “perma bleed” back down to 4s in the next few days while nobody is watching.
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
Thanks Dante
Thanks Dante
Like the choices and the keep it simple approach, thanks Dante
Thank you, Dante!
man I just love your audio blogs. Even for a long trader of 20 years I can so relate to everything you talk about. While we’re at it, can you check out INVU? I think its one of those I want to put away and not look at for a while.