On Watch 09/15/17 from Dante

by | Sep 14, 2017

Webinar Replay w/ Alex: If you haven’t checked it out yet, please watch the webinar I did with Alex, a lot of good info in there for traders of all levels, and some background about my story and who I am. Watch here

There’s also a webinar special sale going on for those interested in getting involved with IU, which you can find here.

 

JUNO: I ditched the long just under 46 today simply because of the intraday buyout chatter – that always sketches me out some, and we got a big ramp on it, so I was just happy to cut the trade for now about +3 overall. And in typical intraday buyout fashion, it was a long trap and sold off the rest of the session. Not surprising at all. Will be watching all weak opens for re-scoops and for this to set up again in the coming days.

BLDP: This one did exactly what we thought it would do, which was run into the conference today and then dump in response to it in a typical “sell the news” fashion, great play, I know lots who absolutely nailed this today & banked – you know who you are – congrats. Will be looking for more, it’s still up a ton. I’m expecting maybe a small gap up and a morning push attempt and then more selling & sub 4.

HTZ: One of the biggest trades of the year for me today, I started in short premarket & sized in on the open rip & pops on way down and had final covers as low as 20.96, just an awesome short on an overextended chart. Will be watching in coming days for similar action – an open push try that gets stuffed & follow thru selling. Nice one today.

ALDX: Hard to describe this one today. Witchcraft, sorcery, black magic, I don’t know. But just insane, disgusting, filthy incessant bid prop all day today & wild runner. I 100% knew this was not a short today just by the way it was trading, was saying it to my guys all day, but just couldn’t bring myself to get long, it’s my fatal flaw. However, I did get a small long off at eod from 9.80 to 10.30, was happy with that lol.  This one has proved staying power if it wants, so nothing I’m looking to fight with & add higher, but will be eyeing for it to give back some of those ridiculous gains from today in the coming sessions.

FENG: Lot of people trying to short this today, I just don’t see it, that daily setup spells trouble to me, seems to be breaking out higher out of a base, I’d be long biased on dips anywhere above that breakout spot 4.70s, nothing I’m interested in trying a short on above there unless it gets really crazy to the upside in the coming sessions. Decent volume and good range though, so I’ll be watching it.

 

If you’re not an IU member and would like to become one, there’s still a sale going on here, along with the webinar sale posted at the top. Or if you’d prefer a shorter time commitment to see if you like it, 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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