STI killer swing trade – been all over this one for quite some time finally got that nice break out. Clear buyer in tape. Ended up shaving a good chunk off today when I mentioned that I did and kept peeling more off towards highs. Ideally get a bit of a reset flush and make a decision to add more or bail on rest. Best swing trade in a while, HUBC before that been nice run for the IRA lately as liquidity traps took a break.
AUUD intense one today — absolute control/games all day but how fast did we know that? That’s really the key. How fast can you tell when there is edge vs. trying to ‘figure it out’ – pretty damn quick. I got there today small added some on $4 break and then covered at close. Never sized never aggressive but once it was stuck in the channel no real way to size up with confidence. When we have lay ups like LIFW etc. which was an incredible fade from that entry = focus there. Not the crowded mess.
DXYZ carbon copy start from the listing as HKD. Do I think it’s next HKD? of course not but — even if it did 10% that’s still $200-250 so be aware. Great levels today – I went over in detail so you could see where edge forms. As you saw once it breached and held under the triggers came. Same on the upside too.
LIFW SMFL and WAVE all really clean opportunities. Love those, especially LIFW SMFL type – thick so you can size up. WAVE not so much.
Main Watches:
DXYZ major tank incoming but, will it tank to $100 from $200? or here? TBD. Don’t be first in, don’t size front side. Be safe. Going to be a home run trade. PATIENCE. So far following the same blue print we went over. Can it do the same? probably not, but even 10% of it is still another $150 from here.
CXAI absolutely sweet fail into close and could really size in. I did after losing on it earlier in the day so it was a nice score there late day. Both levels given worked, then the trigger for $5.80s then $5.50s etc. just a great way to finish. Higher better then ideally back side unwind tomorrow.
WAVE 4AM crack runner ideally – then failed follow through tomorrow. Lots of one and done moves lately.
Failed Follow Through:
UCAR higher better for back side
AUUD higher better and same levels as today is ideal
LIFW morning shove and then unwind. Great trade today!
DNUT higher better failed follow thru
Continuation:
PCSA liq trap setting up carrying small long
STI sold 1/2+ some more all towards highs when mentioned. Really happy how well this swing trade panned out.
LICY higher better and ideally unwind.
PIK joined dips today
PSNY feeler on – long
MYMD feeler on long
OM feeler on
VBIV couple adds to original entry idea today
Staying Familiar:
Thank you!