Scan for 04/03/24 From Nate

by | Apr 2, 2024

Nice big picture long ideas lately! As usual when they work as well as they have lately it’s always on far too little size. If I size up on any they wouldn’t be working as well as they have.

DJT nice game plan today and $51 being key.

CGC ACB been great traders every time it builds and speeds up it fade back for a nice trade. Thinking same as I said today underlying bid into shareholder meeting.

TPET nice way to start the day.

Most of the trade I took midday like NKLA and others were just pressing buttons. Lately I’ve been crushing pre market and first hour and then treading water through midday hence trying to get off desk etc.

Too many runners as of late – just have to focus on a few each day. Can’t get ’em all.

VVPR just as good of warnings as CXAI — and even the same sorta trap. Mentioned both traps today.

As I said earlier this is one that if you did lose in any capacity you either had to be fighting front side or extremely stubborn. Why do I say that? It’s fixable, problem with your risk management and forcing yourself to try to find the top. This was not one of those random swipes that comes out of no where and you get screwed. Sometimes people blame tape, random swipes etc. but this thing gave all the signs and all the outs. That’s why I am pointing this out because it will happen again and again and again as that’s not a ‘bad beat’ that’s bad trading.

Main Watches:

CLSK MARA etc nice ones today good feel for that short out of the gate. Good nail but as with any trade open despite me saying I felt like it was going to flush, in the end maybe 55/45 60/40 shot so I can’t take aggressive size but – nice way to start regardless. Nice few trades there off BTC today.

KULR e/r in a week or so – maybe keeps screwing around until then also has options so could turn into something wild.

DJT $51 key test today good trade off open but flush midday was the cover I didn’t take it then ended up covering after VWAP reclaim pushed back up

RDDT reactive trade

ONMD reactive trade big move AHs

Failed Follow Through:

XTIA gap up and fade is ideal

VVPR higher better for back side – shorts twisted today twice.

NXL ideally gap $3 + and fade.

Continuation:

STI lil save today gave this one too much time so far on the swing but overall was okay – just was BIG at one point $3.75 not so much now.

HYMC pump room and video AHs – ideally blow out post open.

PCSA watch dips for break out

SIGA let it run – watching for blow out move and fade.

Staying Familiar:

1 Comment

  1. Thanks

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