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.
BYND: Incredible ranger. Worked out perfect from last nights scan, unfortunately wasn’t here to trade it. I don’t think it’s done fading, didn’t see any “real” buying this afternoon, just felt like a bunch of covers and momo dip buyers, none of the spikes held all that well. Hoping for push into high 170s-180 area again tomorrow morning for a reshort opportunity and thinking sub 160s coming next day or two.
CRWD: Another great ranger. Looking to fade the open look here, really hoping for pre walk up on air & open rush thru 80 and would expect that to get stuffed & look for the short trade off the first top & lower high area to risk off of.
MGI: Total POS. Nobody gives a crap about/uses Moneygram. Add Ripple to the mix and you’ve got yourself an A-List Perennial Shitbag in the making. I think it squeezed out large majority of shorts today based on that end of day move & the volume accompanying it. Very interested in the short tomorrow, higher the better but would consider chasing early weakness too, don’t expect this to do much recovering once it starts to slip.
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