On Watch 01/19/18 from Dante

by | Jan 18, 2018

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. 

 

MARA: Watching open strength back into low 4s area for ss risking 5 o/u

 

GNC: Can’t ignore that volume today, may be headache nearterm for next few days, but endgame here nothing has changed, still very financially troubled company and they’re not making a miraculous comeback anytime soon. Will be a nice short when it’s ready, just monitor for now, when the volume chills out a little bit, will attack pops ss.

 

XNET: Big absorb around 15.50s Tues & Wed & gap today that got sold off, I’m still not sold on this short yet. It’s behaving similar to last time it squeezed, and can grind for many days as we’ve seen twice now. I don’t anticipate that happening a 3rd time, but it should be respected for now – don’t get crazy. Sub 15.50 is when I’ll be real excited & look to get aggressive, just monitoring & scalping small para moves for now.

TNDM: On backwatch – needs to get 3.50+ for any interest ss. I’d consider it a long on dips right now, as they have a lot of incentive to get this thing over 3.50 to exercise some warrants, but until then it’s not a very intriguing short. Just stalking for now.

 

 

 

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. 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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