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.
IRNT: Stalking this one heavily tomorrow. Broke right through key daily resistance today, best case scenario we gap up/open shove, and then will have eyes like a hawk on it. Possibly towards 50 early, but either way, nothing we want to jump in on frontside. Let it clearly fail, and then clearly reject the re-claim after fail, then get aggressive on pops is my plan. If it’s a couple bucks lower than the entry you wanted, so be it for a much higher chance of being correct without the headache.
UROY: I love to see that closing action when looking for a short. Nice strong move right into the bell, likely many of whom were short saying “ughh”. Hoping to see a gap up/open shove towards 6, and if that materializes then very interested in fading that open strength. Gap down zero interest short, too many questionable levels it’s gotta break on the way down. If anything, consider it a long on a sub 5 weak open if that’s your thing.
CEI: We’ve seen this story a thousand times. Everyone excited for the news tomorrow, you can bet it will be nonsense, and you can bet there most likely be a lot of people ready to sell. It’s setting up perfectly for a rip through $2, so that’ll be what I need to see in order to get involved short. In the meantime, just waiting game. Big one setting up, swing type – because once this charade is over, it’ll really be over.
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 😉