Everything is firing right now. Longs, shorts, swings, everything! This market is a bit odd that it may take several starter entries and exits before you get the meat of the move. The hard part is not to get frustrated and miss when the breakdown/breakout finally comes.
If you are unfamiliar with how our community works, here is a walk through. https://investorsunderground.com/s/PXvWe
EDSA Shorts in Trouble
I have posted a few of these charts in the past and have 2 for this week. Nothing gets me dialed in on the long side as when Nate posts this.
SMMT News
Usually not a good thing when the FDA sends feedback disagreeing with your study plans.
ATER Shorts Stuck
My favorite long indicator!
ATER Fade
Nate has really been keyed in on paying attention to the options activity of the big player and noting its effect. After ATER ran on Wednesday he used that information for the short on Thursday.
NAKD News
I just wanted to share this one as it really shows how the community works. A news item is posted and then other members are able to digest it and make trade plans with that info.
Have a great weekend.
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