Scan for 02/23/24 From Nate

by | Feb 22, 2024

So MUCH action in this market some big ideas today.

All pre market ideas worked really well today: CPOP EZFL ICU MNPR LRHC etc. Clean off failed follow through set ups.

Nice ideas there midday IOVA LUNR SMCI — timing wise was A+

MNPR got real trappy – had perfect cover at lows for 1/2 then let it grind me out on rest. But, glad I didn’t fight beyond that $1 area — that thing really went. Still feels like it could go nuts if it holds next two days.

RILY I had two great longs, added to winner and then rode it back to flat both sides like an idiot.

Main Watches:

LUNR going to be a CROWDED mess. Everyone and I mean everyone said obvious sell the news event. PATIENCE with your bias. The macro trade will take time. Tomorrow will be a long/short battle. To be honest, I think this could actually go full meme at some point and I wish I had put more thought into this early on. Elon tweeted about it. Nasa tweeted about it. If sellers were going to sell they’d be out. Obviously they can dilute, but, if they don’t at the pace people are expecting and end up mispositioned — this name is no stranger to controlling the tape – just look back on first move on the initial run. This move has been carefully constructed. The trap was professionally done. Have an imagination until proven otherwise.

IOVA trend join – think today digested a lot of sellers.

Failed Follow Through:

HOLO still thinking $2-5s – nice fader each day reminds me of DRYS dilution fader.

ICU smasher of a trade today. Higher better for back side.

CPOP higher better for back side.

Continuation:

MNPR dips for break out is ideal – thinking could have massive T+2 — IF IT SAYS OTHERWISE DON’T FORCE A THESIS TO PLAY OUT. That’s my thought tonight if it opens tomorrow STUFFS hard and stays heavy I will go from long to short biased as fast as PHUN is unlikely to die in one candle unless of course an offering hits and that would immediately flip my bias

IFBD “ramp” portion?

Staying Familiar:

3 Comments

  1. هل يمكنني التواصل معك على الخاص

    Reply
  2. 🌕

    Reply
  3. Thank you Nate

    Reply

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