Solid solid focus names again today between the ADIL short into the long for AHs squeeze to the TPET squeeze ICCT squeeze late day MRIN CNXA NA IFBD and the big start on WNW. SWIN game plan last night on scan etc. Wild market. Probably best 4-5 day stretch of year for me so I am hoping this continues.
Let’s get it tomorrow.
Levels have been REALLY working well
Things to review today:
WNW levels $1.85 soak then $2.70s for clear out and failed follow through
MRIN .68-.70 soak — commentary that it needed to flush the next test and if not we would need to clear out the crowded short — minutes later it did it. Review that. Time stamps – watch the tape etc.
ADIL review the commentary – why was I interested for EOD? 11AM + no new lows – shorts never got out and what was their avg? Think about how much padding LASE shorts had yesterday vs. ADIL today. We went over it on the webinar tonight as well.
Again will add some commentary on main watches, but rest fall under their category and that’s the mindset I am coming to the market with. Feel free to use the comment section to add color of your own I’d be happy to read some.
Main Watches:
RENT big move AHs on e/r – no plan yet this will be discussed pre market.
CNXA nice come back today shorts twisted ideally $1-1.20 or something maybe circuits who knows. STRONG close. That said could just have been shorts on wrong side TODAY so if it fails off open tomorrow happy to join ie: DXYZ etc.
MDIA RegSHO now so like we discussed OCEA AISP etc until it clears it very well may keep coming back
MRIN great levels today reactive trade off pop tomorrow
Failed Follow Through:
CXAI pops vs 5.10
VERI nice fader today – pops for failed follow through feels like squeezes has run it’s course. Could retrace all the way back.
Continuation:
ICCT sold some mid 1.8x’s AHs held rest
Staying Familiar:
KULR have pos, risk vs mid/high 70’s at this point for me. wanting to see 83/85 range start to break and speed up. Big picture daily looking good on breakout. wont marry if fails tomorrow.
CNXA nice opp off opening drive looking left 74, pulled red into 55’s. (where on 15min vol profile is highest). great range for this name. shorts look stuck now with steady grind back. no interest for me till speeds up again and price much higher. like the 1+ idea.
OCGN put on starter long big picture swing. no adds til 2 proves. like the abcd look on daily.
Really nice webinar after hours with Nate today. Love the chart reviews with the mouse over at key spots…really drives home the point! Improves understanding…the visual of chart with mouse pointer really helps bring the explanation to clarity for me.
RDDT DJT looking for possible shove in the opening then looking for fade vs high of the day, both overpriced.