Like the ol’ days back when I did the “account builder” quiet ideas – the two ideas today = NRBO MINM yes not a ton of volume now buyers came in shorts came in shorts got squeezed out only sellers left. It’s not a sizeable trade on these types at this point but for those building accounts they’re great opportunities.
AEY had a feeling it was the right market for the BK theme – we discussed not taking this off radar Thursday Friday and Monday – got a good piece despite being late but couldn’t get borrows after — I tried too late.
DMK delisting to OTC tomorrow – great round trip idea.
NVIV nice .85 risk idea if .75-.80 peaked never looked back
TENX clean $10 fader – as always not a sizeable trade. You don’t need much, I won’t trade much size. 2k shares is plenty (for me these days) my focus is stuff like PLUG PLTR NVIV SNAP AMD SMCI types for where I want to focus.
PLTR good levels I was looking for a big trade there today but the most I made was off open after that it was just couple wins couple losses and didn’t really turn into anything.
Not a ton on watch tomorrow – we’re blessed every morning lately to have one or two big focus names so not going to force it.
SMCI defying all odds – be nice to see one last big blow out and then the real ‘fade’ and by fade I just mean profit taking I think overall it absorbs this was just playing catch up to the rest of the sector.
Main Watches:
NVIV morning shove and ideally failed follow thru
PLTR reactive trade – ideally $22 + then fades off $1-1.50
SNAP reactive trade — would love to see it open $12-13 + then fade to $11
Failed Follow Through:
TENX higher better for back side – again I repeat not something to hyper focus on – micro float = low quality but we know the game.
WNW Ideally fade the trend vs. VWAP
MINM same as last few days – trade plan working well
NRBO same as MINM
Continuation:
MDVL dips for break out potential
GRRR possible T+2 liq trap with a goal of $1.50 warrants
Staying Familiar:
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