Nice way to start the week! DJT RDDT faders and solid avoid on CXAI after that $4.40-4.50 soak IMMEDIATLEY after the stuff move and then again later on with the dip/rip move noted. CLSK MARA great fade opps hopefully those keep trading as well as they did today. TPST nice long idea today.
My goal lately is not to exchange my time in the AM pre market for so so trades. I’ve been getting to the desk but only to locate some borrows at times but not really looking to push many buttons early. Trying to stay away from getting back into habits I’ve already worked on breaking.
Gym in AM back on desk after!
Main Watches:
OUST nice one today faded right to VWAP and key level and turned on the jets again — remember if trading front side make sure you cover key levels and re scale if it stays heavy — just like you saw the reminders today. Otherwise, just wait for back side. Simple solution. You know yourself best.
CLSK reactive trade tomorrow ideally nail it like today again.
DJT $48-50 was target range and we got below it. Thinking this is into $20s soon. I think it’ll trade like SOUN. As soon as you get confident its gonna take it’ll swipe out clear out a round of shorts and then get pressure again repeat.
RDDT same – higher better for back side. At some point capitulation rebound.
Failed Follow Through:
CXAI ideally gap up but thinking gap down and failed follow through on r/g reject
MMAT nice trend – watching for any blow out and failed follow through
AISP gap and looking for fail vs. VWAP
SOUN pops and unwind
CGC up with that Cramer/Mad money thing then looking for fades.
PLTR eye for pops vs VWAP
VERI pops vs. VWAP
NKLA nice idea into 1.20s but faded it a bit too late today scaled in in case it held under $1 then covered it all $1.02.
DXYZ really nice covers today that ended up being dead bottom before the low vol float back up. Perhaps one more trade like that tomorrow.
Continuation:
GRDI notable build
FTEL wash wash wash wash – on watch ‘ramp’ portion?
TPST nice big picture idea today!
Staying Familiar:
thnx nate