Nice action today all around. Lots of solid set ups still, NVDA with the crazyyyy squeeze back. Remember catalyst is next week still. That’s helping SOUN a bit which is WAY stronger than I would have imagined – good $6.60 level today.
MINM got great buys on the PR today and kept IRA and flipped the trading account – had been swinging it last week but then ditched it a few days back. Either I’ll be happy or sad in the AM we’ll see lol but – nice feel for that potential early. Know the ticker well.
NUKK the big one for me today but RGLS was just as good only ended up stopping out – hope you see risk management on that name with the post today.
Lots of long ideas lately, forgot how much better it was and less headaches. Breath of fresh air.
Also if you read scan last night at least HNRA and others made a lot of sense today (or should have).
Lastly don’t underestimate dip bounces – NVDA MSTR crazy!
Main Watches:
MINM – YOLO’ing – this has been a great name to me so giving it a chance in case it goes circuit to circuit. If you remember a long while ago this thing went to the teens circuit to circuit. I was off desk that was the only way I realized it was spiking. Anyway, I’ll either be happy or sad in the morning but given the quick reaction and idea in room goal was to give the good average a chance and see if we end up doing some circuit halts tomorrow. I’ve been tracking this for a reason. In this market float disappears. This one JUST broke down after an ‘easy’ failed break out for shorts who likely positioned short to fade it off radar. Either way, it’s in TD so can’t sell until 7AM. Also, I don’t want to be too bullish – just got a feeling it could lay a nice trap from 4-7AM play coy and then circuit after open. We’ll see – and, if I’m dead wrong, all good I’ll stop at flat. Any big moves I’d assume I sell into.
SOUN 7.20-7.50+ parabolic and then flush — but I think it’s important to cover. Feel like shorts are big time off sides here and we could have an outlier move like PLUG FCEL type moves back in day. Happy to be dead wrong, but if I’m right it’s important to have an open mind.
NCNA major move AHs – should be circuit halt type.
Failed Follow Through:
RGLS I think shorts got stuck here today and then never got paid then covered into close. Thinking gaps down then all failed follow through. If it gaps up I’d look for a fade into open and look to soak the flush.
CLRO higher better and fade.
Continuation:
AISP liq trap
MRAI so far so good
ECDA setting up
ESLA setting up
Staying Familiar:
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