Solid action off open toady and then things slowed up quite a bit. I guess a bit more patience HKD and FULC would have worked but happy with the fades.

HKIT 50%+ move from swing idea but again HIGH RISK so 100% should be locking along way if any size and 100% should we okay with flush risk etc. I went over the comparison last week as to the “WHY” on the swing. Similar trap on RETO and the wash we talked about on HOLO last week now starting to extend. You can see these moves all come in baskets.

VFS the wild one today I think a lot are short based off the market gap but no one realizes just how thin the float actually is. Once again a free promo at the cost of shorts.

Hopefully the walk through helped today and you saw that $27 trap — pretty clear trap / squeeze out etc. Good reminder if you didn’t cover for whatever reason — don’t be silly.

I discussed those levels/trap today just because you can see the concepts clear as day on those types of move. As far as a trade here’s the thing -> low confidence high risk. Is that a good trade? So, I always want to focus on HIGH CONFIDENCE LOWER RISK.

SIDU Trade of the day today for me, HKD ACHR FULC not so bad either – so clean and no head aches. Love how many are getting chased up. Solid focus on broadcast and didn’t push too many buttons through midday.

TTOO probably started the moves. That’s the exact move I talk about which makes this difficult hard to be sized in and patient. Fortunately I wasn’t there when TTOO swiped back but either way wouldn’t have been a loss obviously but just super annoying. Glad to have been done on the flush that didn’t stay heavy or trigger the .40 flush.

Main Watches:

FULC higher better for back side vs $5.50s otherwise weak open ramp r/g $5.50 firm for back to $6 — “Transitional day” as we cover on Sunday video

TTOO shorts still stuck it seems – they’re keeping this thing trading well. Edge is in the strength today like the trade thesis pre market to short .52 clear out – highs ended up being that level to a penny.

ACHR dips for break out is ideal $7.50 trigger otherwise similar to today and gap to fade. Two plans, ideally have a trade call ready pre market just like today. Been a great trader but hands off and range starts to go sideways let it consolidate vs. forcing.

RIOT MARA etc watching for gap down reversal day

Failed Follow Through:

VFS ideally blow out if not watch weak open and unwind

HKD higher better for back side – really sweet levels today wish I got involved a bit earlier but I was trying to be safe.

Continuation:

HKIT solid so far looked like some covers there today midday but held ground – still same thoughts but wouldn’t be here full size by any means. If you’re not familiar with the warnings/discussion last 4-5-6 days then stay clear.

BGLC ideally squeeze move blow out and fade back

NVIS .19 flush and soak — possible big picture if .19 keeps absorbing. I tried twice today starters and bailed on both. Should probably trade it in IRA if I want to take big picture – once it sets up.

NCMI break out potential

EDBL still liq trap formation – watch dips this was area we were watching to base

Staying Familiar: