Scan for 01/06/25 From Nate

by | Jan 5, 2025

I hope the first few days of the year were good! If you’re already breaking your New Years resolutions already … c’mon ! Don’t let it past this week. No more excuses. No more over stays. No more random trades.

Did pretty well w/ less midday trades last week and scheduled a few more things later in day / week to get myself 100% off desk.

That CGBS started the year off nicely from the big picture idea — hopefully SCPX does similar if not, that’s okay.

The morning focus names have been pretty solid.

FCUV I ended uop selling all of that AHs at $1.22 — from the long idea vs .50 over/under midday. I didn’t expect that much that fast but we’ll take it.

NITO flavor of day Friday — if you put those lines on your chart you saw how well they worked. Patience was the key there BUT I would encourage you to look at all the other trades that worked MUCH easier than the most crowded one of the day that everyone wanted to nail (ie: NITO). Sometimes focusing AWAY from the craziest one is the secret.

I did a big scan tonight of charts I love that are setting up extremely well for more of a big picture idea

I have some that I don’t want to lose off radar for failed follow through.

The continuation side I have charts that are setting some good traps and starting to break out of their consolidation phase

Under the staying familiar I have some names that are setting up with range ie: NNE SMR OKLO and NKLA RIVN etc but not quite names that I think is MUST watch for tomorrow. I just want to remember/see where they are at in the move so I can be that much more prepared

Video Scan:

Main Watches:

FCUV sold the rest AHs – ideally gap and fader tomorrow.

NITO either going to be like MRIN and PEGY and have a crazy FTD Mon/Tues — or that was it Friday and well, shoulda swung. I am thinking we may have a crazy recovery from a weak open on thin volume and circuits. Cautiously bullish if a trap forms pre market or 945-10AM+ more in the room tomorrow.

MBOT runner AHs will look for a clear out move to take advantage of.

CRNC nice one on Friday – 945-10AM+ trend join or reactive trade before that off open IF we get a set up – lets take a look in AM

Continuation:

SCPX ideally does the CGBS move – if not I won’t marry it. Nice idea early on Friday that doubled almost.

LTRY held all gains from that day I got long in the .3x’s and bailed all of it AHs .5-.6x’s + can tell they’ve been soaking it still

SPCB held over for T+1 ideally

Failed Follow Through:


Staying Familiar:

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