Scan for 01/17/19 From Nate

by | Jan 16, 2019

Big action today LGND – nice one!

TBLT was a wild one – covered at close.

KTOV I started off red there, tried it a few times but truthfully I am glad it exhausted me because late day that probably would have hurt a bit.

Always a #KnowWhatYouOwn Situation — that’s why I did the video last night. If you’re trading the back side that’s fine and many times it’ll pay nice but the times it doesn’t and ends this way — it has to be expected.

UNFI big one today – looking for more of the same likely a short covering rally today we may get a bit more press tomorrow will be looking to join whatever trend forms 10AM + Felt good nailing that – hopefully some did as well given the anticipated range etc $15 and then $15.50s + great exits. Don’t underestimate. Should be a trade both ways.

TBLT I’m not sold either way I covered at the close I think we go lower and I’ll probably locate again but given the limited history anything is possible this traded pretty thin but felt like they were selling hard into ramps. If they wanted to set the ultimate trap they definitely did – if they can battle tomorrow and take it higher. Time will tell. I have an open unbiased mind in this market.

BIOC morning push and looking to fade it again. Traded pretty heavy today after the T+2 squeeze

AWSM ramp on air into close – former runner. Looking for weak open and ramp back

ENPH so far so good nice rally I’d look for same as yesterday scan – weak open and break out.

IMTE highest day of volume since – be nice if they take this to $45 again with me in it lol

APTX weak open and rally back $6.50-7 then fade back

SNAP higher better and back side

PCG big move after hours – should have a .50-.70 trade in it. No bias yet.

CAG soon may start unwinding again would like to be there for it

LGND higher better and looking for the unwind again

AXGN higher better and looking to catch the unwind $2-3 more or sub $10s near term

1 Comment

  1. Thanks again Nate for keeping us informed of your watches and thought process and key levels.

    Reply

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