Crazy wild tape again 4-7AM crew

I want to remind you this is a marathon not a sprint. Yes people are banking right now. People are also getting smoked. You’ll see lots of crazy PnL’s and then never again. Relax, don’t have FOMO. Focus on what you do best. 99% of the time this type of trading will not work. This market comes and goes. If you’re getting chopped up there is PLENTY of other names to trade. I feel like I have GREAT reads lately but I won’t use size. Not worth it. All it takes is one circuit.

I heard Cody and Stan are going to THIS! In Arizona!

SMCI almost there. Nice idea so far from Sunday and even the prior Sunday. We talked about it two weeks in a row and I still wouldn’t be surprised to see my $1000-1200 goal. But, hey we’ll see. Use the concept I gave you 1/100th the share price to make it make more sense.

Look its good action but as I’ve repeated all along – if you’re trying to crush it on these eh, something it just isn’t worth it.

Small size in case you’re wrong.

DTSS really CLEAN action on the back side – great levels today and fantastic entry I just didn’t hold it long enough. Nice patience until 10AM!

CETY fumbled the back side there as well. Good trade plan comparing to BGLC – but I want you guys to recognize that trade today. If you trade the first rip = REACTIVE trade PROACTIVE cover.

If you are NOT trading it like that, reacting to the rip and then proactive cover you ALWAYS see me post the key level to see it have failed follow through OTHERWISE you know it’s STILL in trend. I try to always do this. That way you know to stay away just like the warning today at the sub $1.30 soak. If you didn’t cover – make sure to have a plan, it clearly soaked. Repeat repeat repeat.

Main Watches:

NNOX insane rip — for NO reason just based on a filing/old news etc. of shares received but look – that doesn’t matter in this market.

CLSK reactive today – usually I am wrong first on these hence the feeler then zone in and nice trade opp. Ideally same but look BTC feels like we’re just starting so if you step in front fine but you better be covering flushes UNLESS BTC agrees.

SMCI ideally $1000-1200 blow out then flush to $750 and ideally settle $800s

Failed Follow Through:

DBGI remember quiet fades when everyone else forgets. Ideally another good shove before the fade.

DTSS nice levels today – entry after 10AM was spot on.

BREA higher better for unwind.

Continuation:

VSME dips for break out big picture idea vs. .50s was the idea

LEJU watching if builds

Staying Familiar: