You can find a compilation of all Alex and I’s webinars here.
There’s also an IU sale still going on for those interested in getting involved with the community, which you can find here.
Also if you haven’t seen yet – I’ve recently started an Audio-Blog series! Where I narrate all my favorite blog posts for you guys. You can find that here.
Great start to 2018. My best day of the year 😉 But seriously – very unexpected gift today on an AMPE ss swing from Friday. Something felt off about the action last week like someone knew this was coming, but wasn’t expecting so much so soon. I’m done with it now, it turned into a crowded mess with an AF bash and that .50c halt washout brought all the chasers into town, + SSR again. Will avoid tomorrow.
TEUM: Nice recovery today. Looks like it wants to stick around and be a pain in the ass for a little longer. Fine by me, higher the better for the eventual short. In a perfect world we blow through previous highs and create a panic squeeze 3.20+ and I’ll watch for stuffs up there to start in ss. Really strong volume here, so don’t fight the big $$ and don’t be early. When they’re done with it, they’ll really be done with it.
WATT: Nice idea on the weak open long – that worked perfectly today. I wouldn’t rule out a second day of similar action tomorrow, just because nobody is really expecting it. But this one will turn soon and be back in the teens by end of the week/early next week imo.
XNET: Continues to mess with everyone. Don’t underestimate it – but I expect this most recent squeeze attempt we’re in to be somewhat short lived and much less potent than the past. It’s fighting hard to stay up right now, and it can run, but it can’t hide forever. Looks to me like an early week squeeze & prob starts to fade towards end of week. No trades on it right now, just watching. Would get a lot more interested in that mid 18s-19 area.
NXTD: My ATM machine lives on. Nice recovery today, go baby go. Would love another day of dead cat bounce & look for the reshort 4+ in a perfect world.
NETE: Kind of a darkhorse idea here I got from someone else, but I like the potential long, actually. Wild rip today, and then held 13-13.50s area very well, from the looks of the chart, it’s roped in a ton of unsuspecting shorts, and if it gaps up tomorrow – look out. Could easily go another 3-5 bucks if it wants.
If you’re not an IU member and would like to become one, there’s still a sale going on here, along with the sale posted at the top. Also If you’d prefer a shorter time commitment to see if you like IU, you can go monthly as well here.Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.
See you out there!
– D
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