HOLO great clean action providing a GREAT guide to the HKIT MLGO entries and trade plans given. Those were the main gainers for me and ARM right behind it. So many good charts on radar – everything is just melting up. The moves AHs are intense. The range is insane. ARM a great example today of “fuk around and find out” do NOT step in front of these things. If you’re not good at volatility – stay away. The key if you are NOT good at volatility – KEEP the ones on radar that fall off – trade those. Remember MINM NRBO quiet ideas? See how well those worked while everyone is focused elsewhere. It’s your job to keep ideas on watch when others forget.

Episode #5 of Trading Takes is now live! 🔥

👉 Watch the full episode at https://t.co/xuDT9o2NGq

This week we are joined by @SangLucci to discuss:

✅ The Famous @Traders4ACause Pickleball Story
✅ Dealing With (and Recovering from) Serious Trading Losses
✅ ”Aha Moments” in… pic.twitter.com/tmcLORKIug

— Investors Underground (@IUTraders) February 8, 2024

Main Watches:

PLTR nice sell into close today ideally a gap up then fade off – but again I am not “super bearish” it’s been a great break out I am just looking to trade the profit taking flush and then move on. If it comes great if not – don’t force it. I tried today didn’t work I knew within a dime form entry – why fight it.

HKIT higher better thinking gap down but hopefully relatively flat open then failed follow through

MLGO same – great short today really good timing and scaled off the halt open into circuit open as anticipated. I put a few feelers on to get familiar with how it was trading but the only time I put on 20% and then the rest was upon entry given.

Failed Follow Through:

SYRA higher better for back side unwind – big clear out at close.

WNW higher better for back side

SONO looking for gap fill potential if $18 fails

SHOT thinking run up into Super Bowl then we start to focus – just keep an eye.

Continuation:

CART looking for possible chart break out soon.

MNY nice idea today but I didn’t sell into the rip ended up selling relatively flat to not turn it into a loss but watching dips tomorrow

PXLW semi conductor ‘anchor’ set up like Chris would say – original idea last week.

Staying Familiar: