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.
ADVM: Nice move last few days, seems like they really trapped a new round on Monday – I could see this just rolling over, in that case will miss, but if you’re looking for the short trade, an ideal setup would be a gap up/open rush tomorrow and a squeeze through whole number 10. If that happens, I’d be very interested to fade it back down shortly after that. Wait for it to peak out & short pops on fails from there would be the idea.
PINS: Relative weakness today, pretty telling that this is not done bleeding. It’s really a swing short or a puts trade, but you can revisit it daily as well, there’s enough range still. This is largely forgotten, a poor earnings report with no signs of improvement in the future, it’s an already pretty obsolete tech fad going out of style. This should settle in the teens all said and done in my opinion. Solid short swing candidate still.
ARRY: This jacked up shorts all day long, figure some are still stuck, I’d consider this a short tomorrow only if there is a blowout early – higher the better in the morning maybe into 28-29 and then look for it to peak out, and short pops once there’s a defined top in to risk off of.
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
0 Comments