This week was odd. It felt a bit slower than normal but there always seemed to be 1-2 monster setups waiting. There were a few names that seemed to take everyone’s attention and if you didn’t get tunnel vision on those it should have been a solid week. I am one chart short this week for Friday as I am having issues with the image capture software.
Blog sale this week is a quarterly IU membership for $597. http://investorsunderground.com/s/2RoXX/
RCAT News
Champ was the first to bring the news of the NASA contract. This ended up being a great trade on both sides as Nate got short after the run up.
DBGI Fade
If you haven’t been in the IU chat then this chart might not make a lot of sense. Each morning, Nate goes over his game plan and give out his key levels for his trades. This one was that it needed to break below 4.80 and stay below for him to start in short. Ended up fading the rest of the day.
EDIT Fade
I wanted to post this chart as you can see pretty well Nate’s logic. He waited for it to break through the recent support to get short and then add if right.
RIDE News
Just another nice early post. A quick dollar without any headaches.
Have a great weekend.
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