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.
VVPR: Expect the 2 area to be important tomorrow, Ideally a gap up and open shove through today’s highs 2.60ish and look for the short trade high 2s early. If gap up and weak open, would probably not chase this down into 1.90s-2 area, I could see that holding for a rally back, so in that scenario you could try the long, or in my preference, wait for the push back to today’s highs and revisit the short idea up around there.
AXGT: The volume is pretty much completely gone so this thing is likely done. At this point looking for dead cat short cover bounce to short in, may be wishful thinking but I’d like the short idea on any push into mid 7s tomorrow should we get it.
IGC: Absolute perennial shitbag in every aspect. Ideally a nice gap & open shove through 2.50 area and then eyes on it for a seller to step in and looking for the short once a top & lower high are in to risk off of. Absolute stupidity here, but the volume is there, so respect it and when they’re done, will be a pretty easy backside trade I’d imagine.
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