Scan for 07/16/18 From Nate

by | Jul 15, 2018

Here’s plan for the week …

Thinking that most comes to our radar in the AM … scans tonight are eh … nothing I’m crazy about

PIXY lower better let $4.50 base and then push higher

IZEA much like MTSL they walked in walked out … weak open base and red/green I’m interested was decent opportunity on Friday but you had to sell it all after the nail to make good $$ patience didn’t work. Held a few but relatively weak open. Be ideal if they had a PR to support this move again. If not prob just tappers off w/o vol.

GLMD have feeling dips get absorbed and squeezes out

VSTM dips $8.50 guide on risk

LFVN dips for squeeze

DERM nice swing so far — ideally dips for $12-13 then $15 + is ideal we’ll see- nice so far.

BBOX $2.20 base — if / when they report and it doesn’t go down may squeeze every short bias trader out.

CNTF need a PR but they came in they came out …. zzz. weak open and rally + PR would help

4 Comments

  1. Nate, thanks. great list. question for you – it looks like you are now mostly thinking long, and i don’t see any short plans. is it the season for long?

    Reply
    • Shorts mainly the day off — GENE was a short idea today into that $2 stuff but as you see came back. Long is the new short lately.

      Right now, lots of thin names providing nice shorts but they are good for quiet shorts not crowd. Plenty of shorts. Just trade what comfortable with.

      Reply
  2. Thanks Nate!
    I just joined IU a few days ago and love the service.
    $DERM is my first trade as a IU member and am holding for the swing baby!
    Thanks again!

    Reply
    • Nice be cautious if doesn’t follow through it was up 4-5 days in a row since I bought letting it settle today to determine if I add anymore — just don’t want to get too aggressive.

      Reply

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