It feels like we are right back in 2021. Things running on the slightest news and then sitting back down after a few hours of craziness. These aren’t the markets to be guessing tops. You end up getting chopped up and spending all of your mental capital on a guess. Let them put in a top so you have your risk dialed in.
Here is a quick video that will show you around the IU community. It will give you a feel for how things work and how we trade. https://investorsunderground.com/s/PXvWe
CVKD News
DC brought the news to the room of a drug getting fast tracked. If you were quick on the trigger it was a nice quick trade.
INBS Scan
Having your game plan ready to go the night before makes it easy to set price alerts in the morning and be ready for when it sets up.
INPX Failed Follow Through
Each time this tested the previous high it immediately failed. Once Nate started in, that ended up being the highest point for the rest of the day.
MARA/RIOT Fade
With all the bitcoin moves happening, having the sympathy names on watch usually works well.
RVIN Fade
Everyone was paying attention to LCID. Find the sympathy names with less risk to trade.
Have a great weekend.
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