Scan for 01/23/20 From Nate

by | Jan 22, 2020

Couple offerings while being short – hey can’t complain! Amazing walk through today NTRP in the Trader’s Lounge – make sure to review the chat logs from $3.40 short.

Please be patient on entries.

Range is major. You don’t need to be first!

Here’s plan.

Main Watches:

SPCE A++++ set up as noted this AM $20-22 likely next level as you saw with RAD & CLVS you don’t need to be first in, you don’t need to be a hero and try to force the top. Great opportunities today once it stopped failing to unwind and staying heavy zero reason to stick with it. Well done today. DO NOT UNDERESTIMATE this as I said this weekend on the video scan as well as last week those GAP UP and fade all days REALLY catch a lot of shorts off guard.

GNPX push AHs so once again might have some good action could easily see $2.20-2.50 and if volume keeps up even higher. Will borrow for sure – higher better for back side and failed follow through.

NIO higher better and failed follow through is goal GREAT work today once again. Really big opportunities had I gone back to it but I just didn’t, no reason just fell off radar after covers.

CVM was super thin today – no rush here just don’t want to lose it off radar once the squeeze is done. No reason to fight it.

Weak Open and Rally Potential:

NVAX weak open for rally potential – if some head lines

CNCE killer alert by T530 today – weak open for break out potential

AGTC data in AM – weak open $11-12 possible if it just opens normally.

APTX weak open for break out – same plan 2-3 days ago.

VWAP Guide 945-10AM + Reactive Trades:

SDC 945-10AM reactive trade / trend join 945-10AM +

NK crazy tape – have to be super cautious with size here – just look at action today. May squeeze out again tomorrow and then fade off. Feels like one big pain in ass for shorts. So to me that means nail and bail.

AEMD couple offerings recently maybe another – it’s been getting pushed by newsletters like a free promotion – not stepping in front but I want to remember it once it falls off radar – setting price alerts.

Failed Follow Through Watches – Set Price Alerts:

LK $45 + then fade off is ideal – major fade today.

ACMR higher better $70 PT this AM – just looking to fade trend if it fails only.

FCEL great plans today – both longs and entries and game plans for potential range etc. Looking to trade a weak open and rally again. If it gaps up a bunch I’d fade it vs. $2.50s probably.

MOMO morning shove then looking to come in if seller is present.

HUYA – same as MOMO

BILL stalking – let it rip will be setting alerts for failed follow through momentum when it’s time.

KPTI trade idea last night worked. Looking for same again ideally $16-15 near term.

GSX another day another save – set price alerts. Going to be big when it’s time especially after all these deep saves.

PINS seller still present $23 range – all pops vs. VWAP

NKTR so far every day the trade idea has worked from scan – looking to keep w/ same idea of failed follow through until higher lows or VWAP starts to hold.

MAXR big trade coming. Stay familiar.

6 Comments

  1. Wow, craziness, 52 week highs, presentations right before the open. So much going on. Thanks Brah much appreciated

    Reply
  2. Thanks Nate

    Reply
  3. Thanks as always Nate

    Reply
  4. Thanks Nate.

    Reply
  5. CNBC posted NVAX CEO interview this morning where he said he is very confident NVAX can make a Coronavirus vaccine – got the PR, hopefully get a trade with this

    Reply
  6. Categories are much appreciated. Really helps me focus on the trades I’m good at. Thank you

    Reply

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