Week in Review: December 23-27, 2019

by | Dec 27, 2019

I hope everyone had a great Christmas. This week was a bit funky with a half day Tuesday and no trading Wednesday. There were still ample opportunities to round out the year on a strong note. A lot of members and moderators had their best year ever in 2019. If you are on the fence about joining the IU community please reach out to me and I would be happy to share chat logs and go over everything to see how we can help your trading. [email protected]

MBOT Day and Swing trade

@Investorslive traded MBOT on Monday planning on just a day trade but after pretty solid strength he decided to hold some over until Tuesday.  Here is Mondays chart.

Nate added it to his scan on Monday night

Tuesdays chart with chat logs

 

 

SPPI News play

I try to include at least one news trade each week. We have several members that are the absolute fastest at posting news into the IU chatroom so members can enter the trade long before the herd even see the news. @DonaldKey posted the SPPI news on Thursday and members were able to capitalize almost instantly.

 

 

RAD Scan and Trade

Friday was a game of waiting for RAD to put in a top so members could start into the short trade. The game plan was laid out in Thursday nights scan.

Once it seemed to double top @InvestorsLive and @Jscherniack started in short.

Have a safe and Happy New Year. Reach out if you need any help with your trading and also let me know any ideas you would like to see added to the weekly recaps!

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