Last week small caps started to chill a bit while everything in mid/large cap land melted higher. Funny $ is staying. BTC still going.

I discussed last week RGTI SOUN especially Friday having those orders in. Cover first ask questions later. That’s the type of market we are in. There was plenty of opportunity short side – but only if you covered.

SOUN Friday review each level and see how those failed follow through spots can make great longs if they don’t fade.

UMAC nice idea Friday kept going into close too and AHs.

BTC 105k as I write this – so, easily could be wild on MARA MSTR etc.

SOUN RGTI here’s the thing with these re: Main Watches.

The only time these are an A+ set up and patience for the unwind is on the MAJOR gap up days after a big day followed by a pre market/into AM clear out OTHERWISE they TRADE THE TREND do not “look for more” – if you trade the clear outs and cover the support these have been GREAT trades as you’ve seen with each level given for covers (and reminder associated with those levels when they hit).

When do I give back, chop up or lose on these names? Any day that I am taking a B quality set up and thinking it’s going to be that A+ unwind day. Each time I’ve done that it’s resulted in less $ whether it was realized, unrealized or unnecessary losses.

I hope that makes sense re: tradability vs. A+ day

Just like trading SPY on a huge range day with 0DTE – even if I nail pieces of the move the fear itself will jolt the options enough for some huge moves but if sit out and wait for MORE vs. taking the high probability trade there is a good chance I end up with less. You’re starting to bet on lower probability set ups.

Questions about that? ASK – if I can make it clearer.

Same with BTC moving or a MARA trade. I can take a huge size/XXL position because of the momentum and liquidity and nail a highly probably trade set up or I can nail that same set up and wait for more …. and end up with quite a bit less.

That’s literally it – the times I give back/chop/lose on these types. Trade what it’s giving not what you want it to give.

Video for the week ahead with Stan and Chris

Keep close attention to what Stan says at 23:15 min – it’s exactly what I wrote and I hadn’t even watched it yet 🙂

Main Watches:

SOUN reactive trade – in an ideal world? $20-22 blow out – this is not going to just die w/o some major exhaustion – options here controlling a lot too

RGTI big reactive trades

MARA gapper with BTC should be great trader with MSTR CLSK RIOT COIN HUT BTDR etc. most important part? the cover.

RKLB trend joiner

Failed Follow Through:

SMCI headline AHs higher better for unwind

Continuation:

UMAC nice finish from the big picture look

ZAPP possible reversal soon like SERV

Staying Familiar: