Chart Talk 14 | Impromptu Scan Sesh with Luis & Ariel

Luis and Ariel scan tickers live, showing the setups they trade: consolidations after big moves, moving averages aligned, entries on 5-minute closes. They walk through concrete rules: stop at the low of day, take profits on days 3-5, trim only if a position is up more than 30%.
Questions this video answers
6
25
Above $2 million
Chapters
Since all these stocks made a large move, I don't pay attention to them because I can't get an entry on them the next day. All these for example. And I start off on percentage change at around like 8 or 9 and then from there I just go down the list all the way till negative 8 as well. So BATF broke out this big range that I had drawn and then now it's making a large move. This was a good setup because it made a large move and then it consolidated with the SMAS aligned. We have the 10, 20, 50 and then volume slowly dying down. Then it broke out on big volume and it's up 65% since. But no setup. TAFR same thing, but no setup. APLD a bit of a sloppy setup. Unr and then it's breaking out. Etir I don't see anything yet on it. Same thing. Pksy Choppy. This one looks good. So then I add this onto a top watch. Monday. Looks good and I got over the 50 as well. So this one's also on watch for Monday. And then the quantum is moving. So this is a good stock to look at. Arch move, pulled back. I think this is a leveraged oklo. Dmc. No setup on that yet. Serve. Serve looks good but it needs a pullback. Hour. Needs more time. Vnet breaking out but not that much of a clean setup. SNGX Choppy this is more time. MBOT looks really good. Surfing the 1020 and the moving averages are aligned. So this is a watch for Monday. Pgy is breaking this large base and I like it. I think it's also AI. So finviz pgy. Yeah they do AI and triple digit eps. Oklo. I feel like Oklahoma is choppier than all the other nuclear names like this one. This one's better in my opinion. And see if that looks IO and q. I don't like the way this ran up. It's like very choppy iron a miss. Large move, large move up and then I pulled back 10, 20 aligned. Then you know it's been going up since nectar. I think that's a biotech. I don't really trade biotech. HTZ doesn't look good. Galaxy I think needs more time. Maybe a flag under 30 and then it sets up. Sogp see what sogp does. The asian stock. Something with AI. But I feel like this is thin on volume now. I lowkey like this one. I just think it needs more time. Inod broke out this somewhat of a base. Looks like it might pull back after today's Candle looks ugly. Bunch of red on DS has been decent. Broke out yesterday. Hsai very choppy. Rr. This is good. This is going on. Up watch. No Jumia. This setup looks very loose. Hopefully it went sideways more and it gives a setup right. Was nice Move up, gap down. Then made this like sort of cup and handle tight. Candles on the 10, 20 broke out and it's up around like 20% hut same thing made this sort of cup and handle move above the 10. 20 broke out, pulled back again and then, you know, another short flag. NBIS this is kind of untradable unless you got in here. Pl. I hope PL goes sideways. It's a bit extended from the 10. I prefer my stocks to pull back to the 10. This wolf has been nice ETBT a choppy Aoi. This looks good. I recently made a large move and we know that it can run pulled back, chopped around and had this day where it had big volume pulled back and it's sort of forming like this flag. LDI setup run. I like run. I just hope it doesn't go the breakout or I mean lose a 20. I don't know what this is, but this looks nice. Mia X. Is this crypto? It says crypto ipo right here. I don't know what they do. I assume crypto. It's a recent ipo and I know that recent ipos could run crazy like dxyz did here. Or like nne for example. It's choppy now, but when it first came out here, That's a top. Watch. This is Avgo leveraged. Avgo doesn't look nice. Pdxu had a nice breakout break retest. See, I'd rather take this than try to take it here because I feel like here I get chopped out. So I wait for it to break out the range back surf to 10 and 20 once they're aligned, and then I get a nice entry from there. That's how I prefer to play breakups.
BE.
Has been on a nice run, but no setup. Market broke out this range. I think it needs more time. Let's look at something like onds. Why does this arcad kind of kind of look barcoding? I think I'm gonna pass on it for now. Yeah, I'll pass on it. AMPX AMPX 10, 20, 50 align. Look at this. This looks exactly like I winq sort.
Of.
But this is what I'm talking about. We get out this choppy range, we make a decent move up and then once the moving averages align, that's when I keep it on close watch because that's where the leanest moves and largest moves are provided by the stocks. And now we see 10, 20, 50 aligned after this massive move and we tested this previous resistance on the weekly so that's going on top Watch CRML this looks very choppy. Mlysa biotech I don't play biotechs. Psix oh this looks really nice. PSIX Large move pulls back rode to 50. Now it's over to 10, 20 and 50. Tight candles going on top watch EHR I don't like EHR because it doesn't have a clean move up. It gaps up and then gaps up. I try to avoid those types of stocks. It's kind of like why don't try to avoid them because you can't really trade them like this. NBIS it just gaps up out of the base, gaps up again and you don't really get an entry. RZOV this one was nice but I'm scanning and I missed it. 10 20, 50 aligned and didn't give a pullback. OSCR I don't like how choppy it is. This one looks nice. We could see that it broke out of this large base but I want to see if it yeah, it doesn't look like it's ever made nice clean moves. So not putting that on watch. GXAI. Doesn't look clean either or weave unr but still in this range. Or in this range here. I also don't like the the 50 is sloping down. This no setup. UMAC UMAC is in the same theme as onds but this one's so choppy. LEU this is the one that I prefer over oklo this is the one that I actually took. On this day. We have this unr and now the moving averages are aligned to 1020. Not the 50 though but it is over the 50. What's going on top watch QEC no setup. DBBY. No like this one either. Don't like this one either. No, that was clean. No setup. S O u N so SOU broke out this range on earnings, pulled back but I don't like that this moving average is sloping down but I do like that it's forming this sort of a flag looking pattern. I think I'm gonna put this on top watch but it's not like a priority because the moving average is slipping. Tnta no setup mtsr vsat. This VSAT looks nice. Nice inner moves but I'm sure the market cap is big. I don't really like playing big market cap stuff but it's riding the 10, 20. Guess I'll put this on Top Watch. And it's up on earnings, so that's good.
RDTL Yo, Louie, you got a lot of questions in the chat. You're doing a great job. You got a lot of questions in the chat.
Yeah, I'll go over questions once I'm done scanning.
All right, cool. Doing a great job.
Oh, this RDT looks good. This is Reddit, right? Yeah, I like this stock. I'm putting that on topwatch as well. It failed to break out. Maybe one or two more days go sideways and then it breaks out. Probably comes close to typing the 10. Or it gaps down, taps the 10 and then runs. Sort of like IO and Q did yesterday when it was a bit far from the 10, but then came down and tapped the 10. Here.
Watch.
Rn I'm already included. Abtc choppy asst. Choppy. Uu. I like UU I just don't like that it had a fake breakout today or I mean this week, but it's made a nice move. Had a UNR went up writing the 10. Maybe if it goes sideways a bit more, I'll take it ass. No, I don't like that. This is under the 20pbtx. No setup. CWD no setup. Oracle, no setup. I'm pretty sure that's it. Actually, I like this one. OP maybe another deal sideways, but it has an inside bar, so we'll put that on Top Watch. Open to to extended. So now we go to Top Watch. This is too many names. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15. So I'm gonna try to reduce it. Like this one trades low volume and the chart is really choppy. This one low volume as well. This one's good for small accounts and bot. I'm getting rid of it. Uami. This one, Qbt. I'm gonna get rid of QBT because the moving averages are in a line and it's. I don't know, I don't like it. I know Quantum is hot, but this is a laggard. If you wanted to play Quantum, you'd be in this one or this one. C 10, 20, 50. Thank you. Bt. Has barely gotten over the 50. Preferably want this to go up and then come retest this, go sideways a little bit and then break out. DGY this looks good. Still under this high. Rr robotics. This one looks really good. I know jack keeps mentioning this one. A a o I. I think this one needs more time. I'm not really a fan of. Run Looks decent. This one looks good. This one looks good. That one looks good. This one I'm not a fan of. I think this one needs way more time or else I'm just gonna get chopped. So I'm getting rid of that one. Vset looks good. Reddit looks like it needs a little bit more time.
Opad.
Looks good, but Reddit keep on watch. All right, let's go over questions, guys. What questions do you guys have.
Or.
Should I just scroll up? What makes you think sound needs more time? It's that the 20 sloping down and I prefer for my 20 to be sloping up like this, this, this, this, this, this other example here, here, Here, here. And here. And. Eric, Eric, it's very choppy. Up, down, up, down, up and then down. Still kind of in this range. What's your buy trigger intraday or I wait for a break of previous high day. Let me give you an example. So IonQ IonQ broke it. I would have played this yesterday. So IO and Q broke it yesterday and I would have entered here but if it breaks it within the first five minutes I wait for the five minute to close and then I enter above the five minute orb. Is anyone? I'm recording it, but I don't know if it's still recording. I just kept doing the same thing. Constantine. ON IONQ Is it too early on Tuesday? Candle around 433 ish. I think this is good. That was a good entry. I think this is probably the best entry. Will you go back through and set alerts? I did already look alerts on all of them. Similar one on rgti. Yeah but I wouldn't play this on this day just because Tuesday. Yeah, I wouldn't play it because the moving averages aren't aligned. I have a good example of when I waited for the moving averages to align. This stock gapped up on earnings but it was still inside of the range. So I didn't play it because it could just, you know, keep chopping within its range. So then what I did was I waited for it to flag, flag, flag, did it here. I think I got stopped out and then I played it here and then that's what happened. What makes me different than other traders that I just play the same thing over and over again. I try to stay focused on but I know what works. How do I decide once I exit on my first position, it's three to five days once it's made a large move and then for the rest I just trail on the 10. Ionq is was in a range here I don't really count this but this I do count it. And however the moving averages aligned after this day or actually after this after this. Hopefully this gives an opportunity but I don't know it already broke all ten eyes. Market. I think ARCAD needs for the moving averages to the line Blue arrows. Blue arrows. Yeah. These blue arrows are for inside days. What's your port right now it's above 2 mil. I did go under like in August. My scan. You guys want to see my scan?
Sa.
The ADR set at 6 and the dollar volume is set at 25.
Sa.
This is how I enter a stock. Well first let's go over Stop loss rules. Stop loss is it's always set at low of day. Once I have sold on days three to five that's when I'll set it up to break even. Once the moving average has passed the break even my entry that's when I'll start trailing the 10 or the 20. And for take profit. I take profit on days three to five when it's made a large move.
SA.
I just copy the queue. I mean you copy what works and you don't change until you know you actually have some traction or you know what you're doing. Meme coins right now I don't know. I'm at the trenches right now. I enter on the. What do you do if your position doesn't make a large move taste. Usually I just hold it but if it doesn't move at all, I'll just cut it completely.
Sa.
I have to watch list One is a like a regular watch list where I put stocks that I like or have made a large move. For example I would put Ionq on there. A oi so stocks that I think need more time basically his NMS watch list which means needs more sideways and then I'll look into my watch list and from that watch list I'll look for stocks that are also setting up for the next day for me to take and I'll put those into my top watch list and whatever stock triggers I'll try to take if I have any buying power. If a stock makes a big move and they wanted to do you ever trim? Yes, sometimes. But it has to be like a pretty significant move like 3 times its ADR for me to get out.
Sa.
What's your guys? My current port does not look that great because I was not trading from end of July to August. All I bought were dips on Solana, XRP and Ethereum and I bought the Wolf ep. Not a good setup it was good here after earnings or maybe here after it pulled back, but hasn't given a. A nice tight setup. Like I would prefer. How do you take the market environment into account when market is chopping around? Like around here, I'll size down, but it goes under the 50, like here. That's when I just stop. Or I'll take one or two short positions, but they don't really do much for the account. So over the 50 good, under the 50 bad. See here we're just chopping and we get over the 50. This is beginning of 20, 23. And then we get a semi crypto to run. We pull back, chop for like three months, get over the 50 on a nice run. You know, market stuff. You guys have any more questions? Because I'm gonna get off right now. Louie, how fat is your cog? I'd rather not answer. How do you determine your position size? It's based on the how wide my entry and stop loss are. Show us the regular setup. What do you mean regular setup? Regular setup is just a large move pullback like this right here. I'm in the charts for like an hour and a half. Hour to an hour and a half. No, I'm not on all day. I do scroll. What time do you wake up? I wake up at like 5:50 or 6. I don't live in San Bernardino. You're on stream broker setup right now. Show us, show us how you usually look at stuff. I don't know what that means though. Oh, oh, this is how it looks. I have multiple. What's it called? These blue candles are inside candles and then the other blue candles are. Wait, where is it? Here we go. So like when handle undercuts to 10, Undercuts to 10 or the 20. Blue goes with the 10, yellow goes with the 20. Undercut. This is undercut, undercut, undercut. That's what I look for. All right, guys, I'm gonna go eat. I'll probably do this again on.
Thanks, Lewis. Oh, sweet. Yeah, little glimpse into your brain. You're gonna go get some. Go get some dinner.
No lunch.
Oh, yeah, I forgot. You're. You're three hours behind. Well, all right, dude.
All right, peace out.
Sweet. Later. Well, anyways, would you guys think. Think a little. You know what it reminded me of? Like the, the tick tock trends where it's like, my boyfriend's gonna show you his Lego collection. You better be nice to him. You know, he did a great job, honestly. Yeah, that was his first time. Yeah, well, no, he took like, like just like everybody was trying to figure out how to trade for like, you know, a few years. He ran like a hundred. He ran like 5k to like a hundred thousand. Doing options. Options, yeah. And then he blew it all up all the way back down to 25,000. And then he started swing trading, like literally last year, because that's one way to learn. The year before. But he took. Yeah. That much to like over 2 million.
He's from Cali or something?
Yes. San Bernardino. No, he's Tijuana. No, I'm just kidding. He's from. He's from somewhere out of la. I think north. I think he's kind of. Oh, yeah, you're. My bad. Damn. Any who. Oh, XXR Pizzle. Nice.
Mm.
I'm just chilling. So if you guys want to talk about stock stuff, we can.
I think he made me realize that system is very simple.
Like just stick to one thing.
Who is this? Goodbye. I don't know who the hell that was. Anyways, Let me see. I'll get some charts up. Tech. Daily, weekly scan grid. All right, there we go.
All right.
Now I gotta share my screen. Takes me a minute to like, get set up. Wait, why can't I share my screen? Twitter. That's weird. Like, I'm trying to share my screen, but it. It's like grayed out. Has anybody ever seen that before? There's like the little share screen button. It's grayed out. Yeah, I don't. It's like I don't know how to share my screen. No, I don't. The button's grayed out. Normally I just click the button and it works. Nobody. Nobody banned me. But just not. It's just the button's grayed out. I think. Luca, if I leave, I think it like. I think that I would just like close it. Yeah. Maybe that's what I have to do. I don't know why that would be the case. I wonder if it's because, like, in a pop up. It might be in a. Because it's in a pop up window all. Yeah, I think that's why, actually. I think I gotta like, bring them back together. There we go. There we go. Nope, still gray. Oh, share my screen.
There we go.
Sick.
Sweet.
Anyways, this was a very eventful week. Why was it an eventful week? Because stocks just went straight up. Why did they go straight up? Because there's a lot of confidence in, I guess, the market just overall. Yeah. Environment. A lot of good happening companies are making more money or at least they appear to have the Potential to make more money in the future here soon. So that's good. All right, let me find a watch list. Okay. All righty. Ethio. I think crypto is going to gap this weekend for sure. Just the way, just the way they're all moving. All right, what do you guys want to talk about?
Anything.
Man. Quantum. You know, it's funny, there was some guy on X, you know, just like a wildly accurate hit rate talking about Quantum yesterday. I mean, it's just, just uncanny how just started talking about it the day before and today it just, you know, IQ just make a 17%. Just a God candle. Just literally out of nowhere. Just the, the shkreli juicer. Just, just, just throw shkreli in between IO and Q and open and. The man's having a difficult time. He's having a difficult time. I'm so curious how much he's actually like, read, because the first time he started shorting IO and Q, I want to say he literally. No, he started shorting RGTI at 8, like, literally back here in the BE, like in January. I think I saw his first print. He started shorting it after like a 75 parabolic, like, sell off. And this dude has not covered, man. Oh, my goodness. I. He seems to do really, really well in like the bios. He knows them well, but like, he shorted the. Out of the meme coins, like fart coin and whatnot. But they just had like, I don't think they had any liquidity. I don't know. He probably, probably did all right there. But man, he has just been. He's just been sitting short in Ionq for literally like a year. I don't think he's been green. I don't think he's been green a single time, like the entire time. And then you get a candle like today. My God. I mean, the issue with, with these stocks is, I mean, one, he shorts the bottom, but, but two, I don't care if they don't make any money. I don't care if their technology isn't even relevant yet. It doesn't even matter. It's just the fact now they've held up for the entire year. IO&Q has built a beautiful cup and handle. It refused to break down. It's just a matter of time. It's like, okay, yeah, they don't have technology. Okay, yeah, they don't have any, like, government backing. Okay, yeah, they're not making any money, blah, blah, blah, blah. You just give them enough time and things will start to happen like Partnerships will be formed. Just like we're seeing all the data centers get partnerships like, like these are gonna start getting snatched up. They're gonna get snatched up and like, yeah, you shorted because they don't make money. That's, that's cool. But like, you know, the chart just tells you come. Like I don't. There will never be a time. Yes. Chris Camilo, he's, you know, made 50 million over 20 years or whatever it is. Like, you know, other guys, they trade without charts, this and that. But I don't think there'll ever be a time where even if I'm trading billions of dollars, investing billions of dollars, I, I will always rely on some form of technical analysis. Just because, like if I'm a. Literally just let's imagine that I have a $10 billion portfolio and I'm trying to get a billion dollar position in to Quantum, for example, right. Like I'm going to pick the best spots based off of the chart and accumulate it over time, you know, so I'm going to have some sort of thesis about, about the industry, maybe about the company, etc, gonna, you know, project to where I think Price can go if, if certain things can happen. And then once I have that thesis and I'd given myself the green light to accumulate, I'm using technical analysis to accumulate. Like that's just what I'm gonna do. Because yeah, you could like dollar cost average every day. You could literally just have an algorithm or a bot. You know, you just say, hey bot, get me a billion dollars in above V WAP on days with these conditions. Which is a good way of doing it. Which is probably the best way to do it. But if you were to do it like semi auto, you know, I'm buying like dips into moving averages. I'm like gonna get myself positioned. Well, I'm just not gonna buy blindly. Like, you know, Kathy, she may have like a thesis for Roku, but like Roku's chart looks like and like she's managing 6 billion bucks. I, I think the, the position might be 5%. So that's, I don't know. I don't know. It's like, yeah, she's got to get like 300 million in or something. But that shouldn't be.
I don't know.
It doesn't. It's just confusing to me. I'll always use some form of technical analysis. You just kind of keep moving up the time frames. All right. Wait, can you. Okay, you can see my screen. All right, let's see some questions. What if, okay, what if they do start making some dudes start making some deals, they're gonna go higher. Like, I don't even know why I own Q's out today. I, I know that there was some sort of conference or some presentation, but I literally have no idea. I heard, I, I flipped on Martin's stream. I wanted to see like how he was doing and he had it on in the background. I had no idea what the they doing were talking about. I had no idea. Jack, how would you catch a setup, a move like that? I'm currently working on my process. Well, I mean, I.O. and Q should have definitely been on your watch list the last couple of days. It's I, it's I, I watch it every single day. Iq, rgti, qbit, QBTS has been on my needs more sideways list literally since the beginning of the year. Yeah. And you know when they made like these April Low moves off the bottom with all the other powerhouse names, like, you know, your hood, your rgti, cls, crdo, and all the other names like, like why did Quantum also make the April Low moves? Like, it's just crazy. But they, they did and they're holding up and they built these big flags. Like, this is literally a weekly first flag. So if you're familiar with my like first flag setup, we have a, a pullback, a consolidation. It perks up, it builds this first flag kind of like what Louie was describing and then boom, it breaks out on the weekly. Like, you know, the real entry for IQ was, was yesterday. That was the best entry because you had the tight day. But I took it today. I took it through just like this high. Like so you have oops, I took it right here. And the, the opening range was just so damn clean. It opened right at previous high day, which is this green dash line. And like I just immediately saw the thrust in the five minute candle and I bought the second five minute candle and then in the small account, I bought Ionx at the exact same time. What's my average in Iown X? My average in Iowan X is. 7847. I O N78.47. Yeah. So basically the same spot right here a little later. Yeah, I can discuss open. I mean, so very similar to what Louis described to you guys. Lou is basically like, you got like this like long choppy range. For me, it, you know, I have like the DP setup. Like this is a very linear downtrend. Very linear. And then you have a very strong uptrend on the MACD simultaneously So that's what I call a divergence pivot. There may be other names for it out there, but I've never really learned it from anybody else. Just the charts. And it popped up and it ran from 50 cents here and then it like put in like a three day flag and then it ran 400 from there. I shorted this move, which was a good short. Yeah. And then it. And then it just consolidated, you know, it just consolidated. This was the day I bought it. I bought it. Like, wait, no, I think I bought higher. I bought it 375. I missed this day. This was the good. This was the best day to buy it. But the reason why it got on my radar is because it made a huge move up on insane volume. It made a really fast move. Like it went a thousand percent in two weeks on stupid. On billions of dollars traded a day for a sub five dollar stock. You know, you start looking into it, they're discussing a turnaround story. Like, you know, I start seeing Eric Jackson, like, you know, like hello Kitty or Mr. Kitty or whatever his name, like his dad, like who Mr. Kitty wants to be. Mr. Kitty will never show his face again. Like, this dude's a bum compared to Eric Jackson. He's a real pumper. And so like after, you know, we saw this like huge move and then it sells off 75% or whatever, it perks right back up and then it throws a stick here. Let's look at the weekly chart.
Oops.
So this 25 or this 2.5 level, that's the level that I wish I would have got. This one right here, 25. So it's like this, this high. Yep. It was this little. I gotta move all these lines for you guys. Make it a little easier to.
Okay.
It was this Little high. Exactly. 250. You know, I really like the clean levels. And so that translates on the daily. To this candle. So you have this really tight day. So I've popped back up these two real tight days and then bam. It just takes it off. I wish I caught that. I caught this one. This is the one I bought.375. But it was kind of the same idea still. It was. It was kind of the same idea. But yeah, I mean, Joy, it's just if, if there's a. It's savage volume, right? Like if there's a stock that just all of a sudden out of nowhere has this pivot, you know, it's a true episode. This is a true episodic pivot. Like you want to know like, you want an example of an episodic pivot, that this is it going from an eternal downtrend to running literally 2000% in a couple of months. I mean, like, that's it. Plus, you know, the story behind it. So, like, it's just a huge move up a pullback and undercut, a reclaim. It gets tight. All that volume sustains. The thing doesn't die. The narrative, the story just keeps getting better and better and better. Like, this thing's not done. Like, you know, people have shorted it today. It sold off a little bit today, but I would be absolute. I would be floored if this thing goes back to three. Like, there's. I would be shocked if it even touched five. Like, the lowest I could see it go would be like a undercut of like 8 or 750 or something. But this thing's going higher for sure. Like, in my mind, like, it's going 20 to 30. In the near term, it'll have some, like, blowoff kind of, kind of top sort of thing. No problem. Joy. Man, this week was crazy. I really, really, like, aaoi. I was restraining myself from selling stuff to buy it today, but, you know, I was able to trim more things and whatnot. So I'm going to hopefully be able to get it next week when it breaks out. But yeah, this one looks really, really good to me, and it has accelerating earnings and sales. When I can draw, like, these perfect triangles, like a horizontal line, like, here's why I love it so much. Horizontal line, $28. An even, super clean number. No sense, no nothing that corresponds with the high volume close day. So this is like the biggest candle, biggest volume day, like, ever for the company, right? And then you. You come across, you catch, like, this low day. You get these other high value, you get this other kind of range, you get this left side peak, and then you get this high volume day, the perk up day. Just two days ago, three days ago. So it's like, there's just a lot of synergy on this line. And then you can draw now a perfect downtrend line where you can connect three or more points. My downtrend lines, I got to connect three or more points. And there cannot be any confusion for how it's drawn. So if it's drawn, like, if. If you get five people in the room and they all draw it differently, it's not a well enough established downtrend line. Like, you know, we have 80 people in here. If I were to print this and put it in front of all of you, you know, the vast majority would drop like connect the dots. You guys would all connect the same. The horizontal line's a little trickier, but if you start with the high volume close, that's where I usually start. And then it just snaps the line across and I'm like, wow, it coincides with this peak, with this peak, with that low etc like it's, it's the M.O. like there's the most touch points period that you can draw with this horizontal line. And so now price is pushing this line really tight. Like we had this big perk up. We got these couple of sideways days. Even another tight sideways day would be awesome. But like this thing could throw a stick Monday. Just straight through here and it's got accelerated earnings and sales. It's in the right theme. Like it looks great. Really, really looks great. And there's a few charts that look like this right now. UMAC looks just, just like it. Same same idea. S O U n looks just like it.
There's another one too. What was the other one?
I don't remember what the other one is. There's four but yeah. AY is definitely my, my favorite out of the group. How have you managed your Tesla trade? Well, not the best to be honest. I didn't add on this breakout. My first buy, my only buy.
Where was it?
It was one of these candles. I think it was this day. It was either this day, it was one of these days. I'd have to actually look back at it. But I bought the bottom of the range and like if I'm doing that, if I'm buying a bottom of range, I can't get as much size as I want. No, I don't have the full position that I want. I should have taken it yesterday. I won't ever get a full position inside of a range but I mean I know that Tesla is going to run for a, a long time out of this range and it's likely also going to give a nasty shakeout candle soon. Like I could totally see it on day three Monday. You know, kind of given a big wick down or something or like you know, out. You know, continuation setups are my like specialty. So I'll just wait for first flag or first touch and I'll get my full, my full position. I want 20 to 25% position in this with the intention of just not trimming it at all, just holding it. No, I'm not. I have like a little bit over a 10% position. So it's still meaningful, meaningful, like the other accounts that are within like, you know, the umbrella, they have more Tesla as a percent than I do in tsl. But it's beautiful. Tis beautiful. No, no. Like there's no point to trim if you don't have your full size. And it's only day two. I mean it's only day two out of like this is not just a weekly breakout, okay. This is a, this is a monthly breakout like over the course of six year, a six year range. Like I will be absolutely damned if I'm trimming, trimming day two. Now why would some people trim? Well, so reasons to trim. And I would, I still actually no matter the size, like if you're, if say you have a 20 or if you have a 20 position in TSLO, I still wouldn't even trim. The only reasons I would trim here would be one. If you're way oversized, like 50, 100 or leveraged all in one, then yeah, you should definitely trim into this momentum. And then the only other reason I would trim would be to cycle. You would have to be like oversized. And there was just plenty more setups to cycle the profits back into other high ADR setups. Which is, you know, kind of a risky game because if you sell, say you sell your TSL, so you have like a 30% position, you sell half, you make 20% on it, right. Well then now you have that money back as dry powder. And then say AAOI breaks out on Monday, right? But say it fails, well, now you just took a loss on AOI and you don't have the Tesla anymore. You know, you don't have the Tesla anymore. So like it's, it's risky business. I think in this particular instance, the only logical reason to sell any at all would be if you're just way oversized or if you're truthfully uncomfortable, which means that you're probably just oversized. But you know, my theory, and this is kind of sick, but you know, in light of Charlie Kirk getting assassinated simultaneously Tesla's negotiating with or Elon's negotiating with the, the Tesla board for his next pay package and you know, all the things that he's going to do over the next decade in light of Charlie, you know, rest in peace getting assassinated, the, the security budget spent on Elon likely just went up by at least 20 times. At least. He's now, I guarantee you he is now the most protected person, privately protected person in the world. And what that did though was, you know, the biggest risk to Tesla outside of just regulatory is his key man risk. You Know, Elon getting shot or something stupid or having a heart attack or something. Right? But now that he probably has the craziest security detail that's ever been put together, like, you guys realize, like, this dude's gonna be like. Like, I don't know if you remember, like the Clone wars and Star wars, like all those, you know, like, weird, like, robot things. Like, he's gonna have like a hundred optimists around him all the time, like flying around like ninjas. And like, this dude is gonna have so much protection. So the Keyman risk is just, you know, just falling through the floor. And I just think that that for me, that makes me feel a lot more comfortable because I'm not really worried about Elon personally failing. Like, if he fails, then humanity fails. Right? But I am worried about some deranged idiot, you know, sniping Elon, you know, on his way to the limo, leaving the restaurant or something dumb. Right? Yeah. Like it. Wouldn't that be crazy? The one. Well, anyways, yeah. But yeah, I mean, yeah, long story short. Yeah, I would not be trimming day two. What up, Ariel? Aren't you supposed to be golfing right now? Did he already leave? He already left. Oh, no, he's there. How do I. How do I invite you up? Here you go. She said no. Why? Oh, Ariel, what about. What about X XXR Pizzle? This thing's gonna go. I think Quantum is gonna gap. Gap this weekend for sure. Or not. Quantum. Quantum, probably gonna gap this weekend. But crypto, like, you just look at like eth. Yup. We just got the MACD cross on the daily. It just looks so good. It looks so good.
Yeah. Nice. Nice 10 point cushion going in Ethu over the weekend and it saw a new high in after hours xxrp. Nice call. And it's crazy because like I. There's. I only have 12,000 shares there, which is like a fairly small position. But it's wild how volatile the thing is. You look at it and you're like, this thing can move 20 bucks in three days, four days.
Yeah, I can.
So, yeah, it's nice. And then obviously Tesla. I know what you were talking about. Yeah. If you had like a 50 position in Tesla, then, then yes, minimize it. Get yourself down to 20, 30% position and then just rail it. But if you only have a 20 position, it's not often that a Mega Cap builds out a absolutely perfect weekly chart. An absolutely perfect daily chart gives you beautiful follow through from the pivots, which means everybody can see the pivots. You're in a beautiful bull market which we definitely all know we're in. And then you get the sort of follow through that you would love to get from a breakout. So if you've got only 20 position, this is a non trimmer. This is a. You just shut up, sit there and trail and do nothing. And I kind of was, while I was on stream today, I was talking about, you know, when I took Nvidia long out of that five month base. I didn't take my first trim for 33 trading days and then it was like almost 50 days when it finally had like that bearish engulfing when I finally let it go. But otherwise, like you just want to sit there like you want to do nothing with these.
Bro, what are you doing? You just run to McDonald's to get a Big Mac or something, you know.
Finger your positions and you're gonna minimize.
Talking to us like on Bluetooth, off Bluetooth, walking away from the car. You don't give a. This dude would just be walking outside talking to some bushes. This dude is just talking to the garage door right now, bro. He's talking about robotaxis, you know. Yeah, he left. You know what he did? He left his phone in the car and he walked away from it. Guaranteed. Guaranteed. He thinks his phone's in his pocket or something.
Anyways, they're inside the house.
Anyways. Um. Well that was nice. Yeah, thank you, Ariel for stopping by. All right.
Is that better?
Oh, that was great. Thanks. Thanks for chiming in there.
Well, did you guys actually hear what I said or.
No, you know, we did till you started walking away from the microphone. Sounded like you got out of your car if you parked.
I did, I got out of the car. Yeah, I was on the Bluetooth in the car. But basically what I said was the only reason you would ever trim Tesla is because you're wildly oversized. And then you get yourself down to a 20, 30% position after this nice two day push. But otherwise, if you only have a 20% position, you probably still don't even have enough and you're looking for a high tie flag. This is like one of those times where you just trail a position and if you have to give back unrealized gains and this beautiful weekly base fails, then it fails. But how often does a mega cap set up a gorgeous weekly base like this, primed and ready to go higher? Not often. So you know, the last beautiful multi month base that I can remember from a Mega cap was Nvidia at 500 bucks. And I was looking at that one. And I didn't even take my first trim in that until after 33 trading days. So almost two full months. Right. It's one of those where you just want to sit down, shut up, let it work. If it works, it's a home run. If it doesn't, at this point, it's a, it's a minimized green trade, but still a beautiful green trade nonetheless.
Yes, I agree 100%. And so, like, for people that missed it, though, this is like, the great thing about big bases is now you just have to, like, if somebody told me that they didn't want to take the initial base breakout but instead wanted to take, you know, the first flag, I'd be okay with that, to be honest. Because then now you are confirming momentum.
Yep.
So if you did actually miss it, just wait for that first flag to set up or like, like the first kind of pivot off a moving average, because those are going to be in. In all reality, once it does retrace, like this first little leg, you know, it's gonna, it's gonna give you a really nice, low, low risk entry, kind of like core weave. Today, Corey's a little different because it's not breaking out of a base. It's not. It wouldn't be as nearly as good as like, you know, like a, like a red day in Tesla. But yeah, that's all you got to wait for is like that first, first flag to set up.
And it's one of those scenarios too. Like, Elon just got this massive pay package. Like, do we think that, you know, Tesla would have offered him that one? I mean, I don't think that they gave it to him under the premise that it's going to be impossible to reach. So they're basically saying, hey, look, if in a decade, we're an $8 trillion market cap, so naturally they're already kind of thinking, hey, you know, this is our CEO to lead the future forward. I mean, the man's landing rockets on Chopsticks and, you know, already has robo taxis, you know, kind of in that, like that pre stage where they're just testing it out in parts of Texas and I'm sure other parts of the country here pretty soon. But the market is always forward looking. Like, you know, there are people on X, or there were people, you know, even in the room today that were saying, like, well, Tesla doesn't have great fundamentals. It's like, yes, but the not great fundamentals are already priced into the stock. Everybody knows what they are. Right. You're not telling us anything that not the whole world doesn't know. But everybody is looking forward to Robo taxis being a real thing, humanoid robots being a real thing, and the fact that Tesla's got the manufacturing capacity for that to be a real thing. And then they've also got solar, which people don't really talk about. And it's like, you know, you've got the visionary for the CEO. I mean this is one of those kind of a, you know, unicorn kind of times when you get an absolutely perfect massive base, you, you hammer the thing and what at this point, if you're sitting on A, you know, 330, 340, 350, 360, you just let it work and it's. If it's a minimized green trade or a flat trade, so be it. It falls into the category of a bunch of flat trades in your trading career. Or it could have the opportunity to really change fortunes right over the next 12 months potentially or, or shorter, who knows? And what happens when the stock eventually gets up to 500 and you've got all the quote, unquote, breakout buyers of the people who finally buy that breakout and what the setup will look like when you get up to an all time high at, you know, 400 and I don't know, what was it, 490 or whatever, 492 or. Yeah, 488. There you go. So it's like all of those breakout buyers and what if you just build like this, what looks like a huge cup and a handle where it finally gets back up there and now everybody's primed and ready because it's breaking an all time high. Probably another great ad spot before it goes to a thousand. So I think it's just one of.
Those things where making money on any of this stuff, I mean that's really when the, you know, when.
Well, here's the thing. I feel like, you know, if, if people are waiting for humanoids to be a thing and then that's when they'll buy Tesla, that's probably the best time to lighten up on the stock, not to actually buy more.
Typically how it goes.
Yeah, it's like a very contrarian thing in the market. It's like people are out here pricing in and Stan Drunkenmiller once said it best, like I'm not. If we're just looking at today's fundamentals, everybody knows what they are, everybody sees them, everybody, you know, can look at the current numbers. But what's it, what's, what's the world gonna look like in 18 to 24 months. And if is the world gonna look like we are that much closer to humanoid robots. We are that much closer to full self driving cars everywhere. And by the way, for those of you Tesla owners and I'm going to go test drive one tomorrow. I've heard nothing but raving reviews about the full self driving. Everybody who has one loves it. So, you know, yeah, you're probably right. It's going to give a moving average undercut rally probably at the 10 day at some point. It's going to have a retest of the 50 day at some point and that's probably a super viable spot. It's going to have a high tight flag. It's going to build another flat base breakout, although it just got over one. So that's, that would take a long while. It's going to have Alex Shoryukin in there, I'm sure of it. So there's going to be opportunities that you add more and add more and add more. The thing is if you just around this, you know, three 50 left and, and you have 50, then it's probably down to 25 and then I can like live with that regardless of what happens. But.
We'Re losing you, you know.
Me?
Yep.
Are you losing me? I don't know.
Can you guys still hear kind of.
Chopping in and out?
Oh, what I was saying is what you, what you said kind of repeating what you said. If you're gonna pull your money from Tesla to put it into something else that isn't showing this kind of strength, is it really worth doing?
Yeah, but it's also running the risk of anything. Anytime you buy a stock at the exact moment in time, price is right at your average. Right. So you, there's the ability for price to go against you and you can be right immediately or you can be in the green immediately. But the most nerve wracking time for any trade is right when you enter it. All right, so like if you are already positioned in the best setup in the market and you feel like trimming well, if you're going to move those shares elsewhere, they better, they better be into something that is just absolutely outstanding. And you should know that you're running the risk of like just taking a red trade on that, on that exchange and then now you're out your Tesla shares and you're stopped out of your new idea. Like you know.
Yeah, and how about worse still, imagine if you take a red trade on the thing that you pulled your like you pulled the money out of Tesla to put it in something else. You take a red paper cut there and then you watch your Tesla rip even higher.
Oh, yeah, yeah, yeah. The only reason I think that you sell Tesla is if you're oversized and you just trim it just a little bit just to get back within reality. Because the fact of the matter is there are other setups and you know, just being that concentrated in anything, especially with a smaller account and especially with a smaller just experience set, I think that, you know, just following rules and not trying to be so dynamic, like, oh, you know, in this particular instance, I'm going to sell this and I'm going to oversize that and I'm going to do this and that. I would just be much happier just to see somebody take a 15% position in TSLLC, you know, sell half day five or whatever and then just trail it, you know, like, and then just.
Be in 10 position size there.
Yeah, you need to just, you just need to build your account. Like, it's not like us, where like, you know, setups like this are rare. We don't have small accountants. We don't have that same edge. So when these things come along, we need to hold them for a year. Like that is our goal. But I think, you know, for smaller accounts that are like, you know, like Louie, he doesn't give a about holding a stock for a year. He wants to catch the momentum profit from it, hold it as long as he can, and then move that into the next one that meets his criteria. Right. So, and I think that's like the right approach for momentum, like new momentum swing traders trying to build an account, turning over an edge. For us, I think it's a little bit different. You know, we just want to hold the fucker. We just want to hold the thing. And justifiably so, because how many, how many setups like are. Are there like that, you know, a year for us? There aren't. There aren't that many.
None.
I mean, this is the first one for me where, you know, even on Twitter I go, last week, it doesn't matter what the market's doing today. If you're not focused on this weekly base on Tesla, you're looking at the wrong. Right. It's like this is the setup of setups all year long in terms of mega cap and liquidity. And, and then I would even argue, like if you're in Tesla and maybe not the leveraged, like, what is too much size? In my opinion, it's probably more than 30%. So but if you're at 30% roughly, I still think that even that's something you can just let work. You have the other 70% of your money to get in and out of garbage shit with. Right. Subpar setups, half ass setups. But when you get a mega cap, one of the 10 greatest companies on planet Earth, you know, set up to go higher, you just, 30% is, is a, is a nice size that's not too much of anybody's account. Even you said it today, Tesla's the slowest name in your portfolio and they're a very real company with arguably one of the brightest CEOs ever. You know, like you said, you love your founder stocks, they tend to perform even better. Right. You got the CEO as a founder and it's just like one of those rare opportunities to potentially hit a grand slam just by taking the exact same kind of at bat as you would on any other stock.
Yeah, I mean, you know, like if anybody in here actually traded Tesla itself, I'd just be like what the you'd even doing? Like you should be trading TSL or you should be taking a 2x or 3x position on, on Tesla itself just because it is only for ADR. It's, it's accelerated though. I mean the last two days, both days were 7%, you know, gain days, which is awesome. That means that you know, APTR is expanded unless you know it's greatly expanded, which is supporting, supporting a breakout. But you know, it's oftentimes I conflate my own strategies with what's best for people trying to learn. And again like yes, it's an amazing, like my mind's like this. Yes, it's amazing base, all right, but you should still just trade it the same way and more than likely your trail is going to last a lot longer and you're going to get very well rewarded for it. You know, as soon as like newer traders really start oversizing, they just chop themselves out, they make irrational decisions. They end up losing sight of the principles which are, you know, consistent position sizing and consistent trailing and trimming and exiting regardless of how perfect the setup was. And I think just like repeating that consistently and really gaining market experience and really building account. I think eventually you earn the you are you, you earn the ability to break and bend rules based on special circumstances further in your career after you've proven to yourself that you can be consistent because that consistency is the basis for your success over the long term. And if you bake the subjectiveness of just bending rules and being very dynamic early on, you're just building a house of cards on quicksand, if that makes sense. I know that was a mouthful, but like that's kind of my philosophy on it. You know, it's like you have to start as a black or as a whatever, a white belt. Then eventually, you know, once you get into the really deep, like almost theoretical parts of martial arts is when you actually get to like express yourself. But in the beginning, like you are just learning the basis and you are building a core. Right. And after that, you know, you become like a master in a way. And then you can make these calls because you know, most new traders, they're not going to know the difference between a Tesla base and I don't know, like a quantum base. Right. Like they're just not right. But I'm excited, you know, I, it did, dude, you know, we were really well positioned a couple of quarters ago on the front side or the last big move at Tesla and the thing literally retraced the entire mover trace. So if it doesn't go this time, I'm going to be a little demoralized.
If it gives us a night as nice of a move as it did last time, it'll still be an incredible, I mean, you know, 100 moves, 100 move and I would be trimming into that. But there comes a time when even I'll get down to a, you know, a certain position and I'm gonna say I'm using the 50 day at this point and no matter what happens above the 50 day, I just don't care. So yeah, I mean, and I agree with you just. So I can see with proper position sizing, very important.
Yeah, I, you know, I've become really fond of the 10 I studied like what to trail to get me to cap gains and it's always the 10 monthly. So like if you look here, this big breakout and look, look at the moving average that Tesla trails. It trailed it for two years. So just trailing the 10 gets you well into, into cap gain territory and you're, you're catching, you know, a thousand percent move. But if we look at like PLPR, like it's big move, it's still trailing the 10. It's not even close. So like for Hood, that's the idea. Like we're not even close to the 10. Bitcoin. Yeah, Bitcoin from Lowe's. I mean we have not closed below the 10 and you'd be in a, you know, two year uptrend. So the monthly 10 for me is, is kind of the, the Holy Grail from a technical analysis perspective regarding trailing moving averages, like, there's really not much more. You, like, what are you gonna do, trail the yearly 10? Like, you know, obviously not, but like this, the monthly 10 is, is. It works really, really well. Like, even if you look at all the quantum names, none of them have closed below the 10 yet. None of them. It's. It's wild really.
With that said though, that, that takes some real stones to hold IonQ from 50 down to 20.
It, it takes proper position size at the end of the day.
That's what, like where do you have to own it? And I'm assuming there were still some profits taken on the way up. So like even if you had a position from 12 and you owned it all the way to 50, I'm assuming a good chunk of those gains have been locked up and then you can, then you can trail it like that. But boy, having the whole thing go all the way back down to 20.
I don't know how you could do that. I think that like, you know, if you started with a, you know, a 10 to 20% position, like by the time you are down to a 10 monthly trailer, you have a two and a half percent position. But you know, like that two and a half percent position can balloon. You know, it could increase 10x20x, you know, and as, like what we were talking about earlier, say I left, say I just left a 300 grand position and open and it ends up going to $100 in the next two years or more. Right? That's a tiny percent of the portfolio, but it balloons into something just huge. And yeah, there'd be no, there'd be no way that I could hold a giant position and open. Oh my God. Right? Like, how could you? Right, But I could if it's a tight, if it's a tiny position. And then as, as you know, the, as time goes by, we're like in year two, like if we look at cvnn, like for example, it still has not closed below the 10. Okay, so like as time goes by, these sell offs, they're not as impactful on the position because, you know, like if you had that two and a half percent position that you started trailing the monthly, say like down here, whatever, 85, say you bought it at 30 and then you're, you, you made a hundred percent on it, you're like at 70 and you sell it all the way down to a 2% position, but you're saying you're trailing the rest on the 10. Well even like the big like sell offs, the big drops, like it doesn't impact you that much. It doesn't feel as hard. So that's kind of like my strategy like with Hood for example. And so far those are. That's how I want to approach it. The funny thing with like unh is we are not even back above the 10 so I can't even begin to trail it because we're not even close to it yet. If anything, I would sell into it. I don't know anything about this company. But anyways, yeah, sofi, all of the April low stocks are all just in power trends. They're all in power trends, like cls. I mean that one hurts.
That one hurts big time.
Ariel, man, $10. If you would have bought this down here on this, you know, earnings day, I mean you're, I mean, Jesus, I.
Had 8000 shares at a hundred even that hurts.
Yeah, that's. Yeah. I'm sure you had it on this side.
Yeah, yeah, yeah. On the way back up.
Curious like. Yeah.
But you know, sucks to suck.
Yeah. I mean it's, it's, it's con. It's. I don't know, it's. It's getting used to. We're kind of in a transition where it's like yes, we're traders, but we kind of. You kind of have to move into like this longer, I don't know, like this, this longer term thing I'd really like. You know, when I was on your stream today, just had the idea of setting up another brokerage account and whenever I get down to like that, you know, 5% trailer, 2 1/2% trailer, literally transfer the shares out of my main trading account into a long term account that only trails like the 10 monthly. And just get it even out of your book. Because if I see like the way that I have my, you know, account watch list set up, like I have net liquid, I have my PL day, I have my PL percent. Like it. It's hard for me to look at it and be like, oh, I have two and a half percent allocated to this name that's just going sideways for three weeks. Like why? Like I'll just want to sell it but like if it's out of sight, out of mind, then doesn't even matter just yet. Just. Yeah, exactly. Doesn't matter. It's basically like I took a 2 1/2% withdrawal from my account. Big whoop. And then we just keep it moving. Right. Because now it's no longer Trading, we're not trading it anymore. We're swinging it for the fences. We're just gonna hold this thing forever. Like that's the idea. You know, we're gonna, we're gonna channel our stepdad energy. For those of you Ariel's stepdad. Oh, Ariel. You can tell, you can tell people. I don't know how he.
Well, he doesn't sell. He, I mean he's had his portfolio for over 20 years but he refuses to sell the best companies in the world and he's owned them all for 20 years. And you know, even just a simple position like Apple and that's the kind of thing, right? It's like we don't know if like for instance an AOI becomes that in the future or a CLS or an app lovin at you know, 15 bucks. But he's a 16k position in Apple. It was like 500 shares at 32 bucks has ballooned into two and a half million and 16,000 shares. So it's like that's, that kind of return on 16 grand is unbelievable. And then you hear Alex say like, yeah, if a 300k position in open Door, okay, it's not going to ever be Apple. But if it could be even half of what Carvana ended up being, right, that, that ends up being an eight figure trade regardless. So I mean it's just, you know, just kind of food for thought about really letting time be the thing that works for you. And, and yeah, it's like that two and a half percent withdrawal that's actually not, not a bad way to look at it. It's kind of like you just paying yourself but in a different form, right? You're not going to trade that money anymore just out of your account.
That's a great way of thinking about it. Yes, exactly. It's like you're taking a withdraw and yeah, dude, that's a great way of looking at. And I'm, I'm going to do that with open for sure. They're like moonshots, you know, they're like moonshots. And if you have such a good average, it's like I'm willing to give back those gains anyways. Like I'm not going to let them go red. Like I'll just set the stop at my average and it's like I'll talk to you next year sort of thing.
Especially if you've already taken profits, right? Like I always tell people, I always tell anybody, like if you've got extra cash in your portfolio, like once you get situated in your stock. And once you've like peeled half, you're, you're. Don't even look at it. Don't talk about it. Don't bring it up. Don't gawk at it. Don't get scared at it. Don't do nothing. Don't look at the thing. Your job is to figure out where to get the rest of your money to work, right? Your job isn't to like fawn over the one awesome mover in your portfolio and think you're the man, right? Your job is how the hell do I get the other 85% of the money in my portfolio to work for me? Like, the trade is done. Once the trade is done, the trade is done. So like with open door for you, I already know you've peeled profits into that move about around ten bucks or nine and a half or whatever it was. And so like, the trade for you is done. The rest of the shares aren't going to go red. The trade's finished. Like now you've got a job of getting the. Figuring out where to put the rest of your money. You've got a little bit of a problem in that you're kind of running out of liquid capital because you've got all these other positions open. That's a really good problem to have that you're in a bunch of green trades. But for a lot of other people that don't have that problem, the trade is done. Like, if you're an open and you're still worried about your open pnl, get yourself down to a size where it just doesn't matter and you go, hey, I've got 20% of my original shares. I'm going to trail the 50 day. It doesn't matter what happens. I'm willing to give back 30% of my open gains. Okay? And then get yourself down to a position where you don't have to look at it anymore every hour and the trade is done. Figure out where else money is going so you can get yourself involved.
Yeah, yeah. This move though, dude. Hey, can you see my screen? Are you on your phone?
Yeah, yeah, I'm on my phone, but I'm looking at your screen. I'm looking at.
You know how we were talking about the volume in C first chart today and bit f look at the volume.
Just such a silly volume of the.
Open weekly, the right one. It's just unreal. Like, I. Man, I am.
This is.
I think that this stock, this company just with the leadership they have in place and they made the decision very like, purposefully to put a. Look, I'm an entrepreneur. I run businesses. I built them from the beginning. I'm a builder. I am a CEO for sure. Like, at heart, I have to play the part of both. But like, they put a CEO in place deliberately. They don't give a fuck about, you know, the dog and pony show. They just want to build. So I, you know what the CEO is going to do? The CEO is going to do and he's going to go in there and he's going to flip the place on its fucking head. They're going to. He's going to fire a thousand people, guaranteed. Like, the number of catalysts that are just possible with a winner at the helm. Plus, Raboy, he is the, the chairman of the board. Like, bro, this, this is an insane dream team. The volume you have the, the biggest ape of all time behind this thing. Like, dude, I'm telling you, man, like, if.
Yeah, I, I'm buying Open Door. I'm. I'm buying Open Door. When Eric Jackson gets arrested, that's going to be a great catalyst.
You should buy it. The next daily setup. For real? Like, for real, for real.
Yeah. No, I mean, look, if it goes good, here's the thing too. Like, and I'm sure you remember this. I remember Carvana. You had it like at whatever, 5 bucks, 7 bucks, 9 bucks, 12 bucks, whatever it was. You had them at all those spots. And I thought Carvana had a picture perfect weekly and daily chart at 50. And look at what it ended up doing. I thought Applovin went all the way to 80. 80 bucks or 90 bucks. And I thought the best setup was like at 88. And so it's like, even I remember AMR. AMR goes from like four bucks all the way to, you know, 70. And I didn't buy it until 65 and then it goes to 180. Point being is when it sets up again just technically and it's in an uptrend, there is no guessing how high something can go. I'm not looking at Open Door and being like, yep, these are the highs. No, if it sets up again properly and gives me low risk on my entry, where I can manage risk, I don't, I don't care what the price is. Price is just a number on my level two. That doesn't necessarily describe value in the moment. Right.
And so it doesn't seem to matter. Ariel, we know that.
Yeah, exactly. And, and again, how, like, what is the value of something when it's in an uptrend? Nobody Knows. So if it.
As he treads on Ariel, say, Ted's on the mic.
Oh, yeah.
You're such a genius.
I'm such a what?
You're such a genius. That's why hero's with you.
You hear that, babe? I just said I'm such a genius. That's why you're with me. Ted said that? Yeah. Because he tells no lies. Ted tells no lies. But, no, that's the reality. Like, I don't care. When I look at a chart from technicals and I go, if they're clean, technicals and I can manage risk for my entry, who cares? And I think this goes back to knowing your, like, your window loss, right? Like what your batting average is. I lose 65% of my trades. If I take a loss on a trade that isn't, quote, unquote, oversized and it's just a regular old trade, I forget about it instantly. I just don't. It's just another day, you know, on the desk, right, where it's just like, I'm. Every time I take a trade, I'm actually expecting to lose. That's what my stats tell me. But because we let the winners work, it makes up for all the little losses. So, you know, if Open Door sets up again and it's got that kind of volume and it's got that kind of setup.
You'Ll be there.
Same thing with Carvana. It's like, I may have not loved it. Well, here's the thing. I was shorting Vroom. When Carvana hits 60, then Vroom goes on to die. Carvana ends up pulling back, and then finally builds a long enough sideways base where I go, you know what? That's actually. It's. It's a really nice chart. So, like, do I think it's up a little bit much right now for, like, the new guy? Yeah, maybe. But if you've got a $5 average, then you're just hanging out. And if it were to set up again, it could be this exact same price, call it nine or ten bucks in three weeks. And I might be having a totally different discussion where I go, man, this thing looks pretty damn good.
You'll be asking. You will be long. Ask the question. Yeah, I asked the question. There's two monthly charts, the best charts in the market right now. Would you be able to guess what that. What those are in my head?
The two monthly charts that are the best? Yeah, you're gonna tell me. Tesla and Bitcoin.
Close.
All right, let me guess. Bitcoin's one of Them?
No, no, no. Tesla's one of them. Ethereum. Ethereum.
Ted's gotten out a little bit cutting out a little on it. Ethereum. Yeah, yeah, Ethereum.
Both of them have four year basis.
Man, that. That bit f. I. You know, as much as I love that name, I almost can't believe I missed it.
Oh, wow. I mean, it's perfect. First flag. Alec, you caught that one, right? No, no. I don't know why, but today it did. $300 million.
Gorgeous.
It's the exact same volume pro. This is the exact same guy or fund or whatever. Holy. That accumulated cifr. Look. All right, just remember this volume over those four days. Wow. And now look at. Oh yeah. Cifr.
Yeah.
Here. Yeah. Wow. The exact same footprints. And you know, it's my. I should have got it because I grabbed a bunch of other of these. Yeah, that's what I was going to ask. Yeah, because you bought a whole group of them, right, Irene?
These guys are. You guys are all cutting out. And I love you all, but it looks like I got permission to go golfing.
All right. Go golf. Hit him straight, tiger. I gotta. I gotta hit the streets of New York soon too. All right, you go hit the streets. Your street walker. Oh. Vaughn wants to know if you tried Joe Shanghai on my list though.
I've.
I've tried, but that's a super like.
All right, guys.
Love you all.
I gotta get my butt moving.
I got a.
To go golfing.
All right. Peace. Joe Shanghai is soup dumplings. Yeah. Okay, that's. That's all the way down there. Oh, oh, that's. That's in Chinatown. Okay, give it a try. All right. Vaughn wants to know if you've gone to K town. I haven't yet. Have you done. What have you done that's been fun. The US Open for two weeks. Oh, yeah, that's sweet. That was the main thing. And now I'm actually gonna start exploring Manhattan a little bit. We'll keep your wits about you. Crazy things. Yeah. Oh. Oh, yeah, you're right. You're right. Without gets shot up or bombed in New York City. Jesus, I don't know nothing. We'll. We'll be out there time before the end of the year. So we'll. We'll. Oh, really? Okay. Sweet. October. Vaughn wants to go. Yeah, it's Vaughn. Ready to like machine gun, order food again. Think about food. Miami. That's. I'll go to New York. And it's just completely different.
Yeah.
Anyways. Oh, cool. I'm gonna keep going through charts all Right, Alec, Have a good weekend. I'm gonna go take a shower and then explore New York. All right, see everyone. Have a good time. Be safe. All right, we'll talk later. All right, this one got new neighbors that moved in across the hall. They're weird. Do you guys want to talk about anything specifically? Does anybody else want to talk about anything? I got a little bit of time before we gotta go. I don't really have anything to do me. My decisions are all around what to sell right now. This one looks great. Lemonade. It's a pwnr sort of setup. It looks really good. I like them when they undercut and rally. Like the little IPO shelf, little base, like key levels here. So like obviously we undercut it. We built like this big old saucer bottom and now it's perked up. You got Vol or you got like momentum moving, averages slipping up, the MACD sloping up, volumes increasing. And like it's like kind of breached this level. Like like a clean line of like 55. What's this high right here? This high is 5385. That would be it. Really though, any cash that I free up is going into Tesla more than likely. But you know Tesla for like to give me an entry for more shares. I'm like a couple weeks out probably. I mean it wouldn't take too much for the five, like. All right, so for Tesla to give me another entry, it's going to be a first flag setup or it's going to be like a first touch of the five day sma. So the five day sma. I mean like if you had like kind of a laggy green day and then like a red day, like it's almost there and then like it builds a little five or a little flag or something like it. I mean it can happen pretty quick, but I don't, I don't see it happening next, next week. And if it just keeps ripping higher, it'll be even longer. It'll be even longer. Best setups for the week ahead. So let's see, I got a little list. AOI would be number one. It's still like this is what I would prefer with like an aoi, to be honest. Like this where it like makes a big ass move up on huge volume, then it puts in like a first flag. Obviously didn't go very far from there. I mean it ran 100 in like a few days, but now we just have this ginormous base. Like this really, really big base. I wish I bought it a couple of days ago. But yeah, I don't know. I will definitely buy it though through this line candle. But what I fear, what I kind of fear will happen is like rr. So like, so if you would have taken that like, kind of same approach with rr, it like retraced, like, basically came all the way back down to your average and you caught a huge move. But you would have been. You would have had to sell a ton, you know, day. Day three or whatever. But like, I don't know, you would end up stopping out, break even on a decent portion of your position. But like now it needs to build like a tight, tight flag and it. And it's just kind of not doing that. Like, for me, this needs like a lot of time sideways. Like one of the best MSTR had one. Like an amazing example of like a high type. Like, Louie talked about it a few times on his segment earlier. But like here, so like, you know, it makes a huge move up, gets everybody's attention. It sells off, it undercuts, and then it just explodes higher like a super linear giant move. And then it puts in this really tight little flag and it's actually, you know, like a PW and R sort of thing where it like sells off, find support, undercuts the left side peak, and then it just explodes higher. Like, I want this compactness. I want like this really clean move up. And then like, AE Va will forever be like the champion. I know Louie caught this one. Yeah, he. I'm pretty sure he got this one like where it's just nothingness. Like choppy, choppy crap sells off and then just this enormous move up, like super clean. And then it goes into, you know, like picture perfect flag. And then what do you expect? Like, you know, clean sell off, clean move up, clean flag. Like we expect more clean upside. And it gave you that. And then it gave you another super fucking clean flag. And just, you know, this is like setup of the year. It gets set up of the year award for me. We're 100k account. You think focus on 30. Imagine, I mean, however you do it, the fastest way to grow an account is to turn your edge over accurately as many times as you can. So like, if you can compound your account 1% per day, that's like really fast. You know, that's kind of what like the 30em. Like right now when there's so many setups firing, like the 30 EMA magic, it will grow your account faster than like anything because you have fresh setups every single day that are moving 10, 20% every single day. So, like, if you can get a big chunk of your account into each one of those, every single day, you're growing your account 10 to 20% per day. Like, literally per day. And, like, if you catch, like, a 10 or 20% move in the morning, well, there's going to be more setups that are triggering in the afternoon. So you can even cycle those morning gains into the afternoon, and you can just put on stupid percent gain if you really know how to build a watch list full of actionable daily setups that are high momentum, liquid leaders, etc. And then know how to execute them. Like, right now is. Is the time, like, you can like, to really turn over that edge, especially with small accounts. Like, the smaller your account, the more setups are available to you. And they're just firing all day long. All day they're firing. Yeah, it's. It's crazy now. I feel like we're like, you know, I don't know. Like, we're kind of, like, not running out of them. There may be less like, but I don't know. I still see a bunch. Like, AOI is definitely one like, umac. Like, this one's a little choppy, but it's definitely one. Like, it definitely can make just stupid moves. Like, right here. Here we go. Choppy. Nothing gets linear. Then it perks up. It breaks out of the range. We literally break out of the range. Okay? Real easy. Big, big candles. Like, these are the biggest, cleanest candles that. That the name's, like, ever seen. And then it builds this flag, and then you buy this, and then it's just like, holy shit. The thing goes 600% in 12 days, right? So, like, we're kind of in the same arena now. Like, big downtrend, first flag kind of fails. It's building a flag on top of a flag. Like, so call it first flag. And like, boom. You got, like, your horizontal line. 11. Real, real even number. You have your downtrend that's clean. You just buy through the line and just hope it goes a thousand percent for you. That's all you can do is get yourself well positioned and just hang on and, you know, eventually one of them will go a thousand percent. Like, if you caught quantum properly. Hey, is Dr. Luca here? Hey, Luca, Are you recording by chance? I don't even know if you're, like, there for somebody recording. That'd be sweet. I. I'm not actually, like, let's see. Like, cubit originally, like, this thing. This thing. Okay. It perked up on huge Volume made a stupid move up. Okay. Like, big move up, and then it pulls back, gets really tight, and then you buy this pivot, and then next thing you know, like, the things up a thousand percent. Even if you would have just held this four days, like these four days, you're up 200%. And then it gave another perfect flag, and then in three days, you're up like this. Right now, like, I think this market is going to be giving these moves all the time. Like, we're going to be seeing a ton of this stuff. Nbts. I like nbts. I tried it a few weeks ago, and it just kind of didn't go anywhere. I mean, again, like, you know, my setup is like, I want to see first flags. I want to see first touches. I want to see big range breaks. Like, that's what I'm looking for. So, like here, there's no very well defined range. You know, you do have a line across that's at a nice number at 650@ the high volume. But, like, you know, the moving averages are still kind of out of whack for me. It needs a lot more sideways. So, like, we need to get all these moving averages in line. You know, if it went something like. Like it perks up. Say it like, you know, fails here at the left side peak comes down, kind of just chops around, kind of builds a better range out. And then now you get, like, this base that's making higher lows. Like, this is where I start to get, like, more interested in it. So something like that. Because you have, like, you know, a lot of overhead and big moves that got stuffed above. And then, you know, like, if it snaps up, that's going to pull all the. The lower time frame moving averages above the slower. So what you need is that contraction. So you get like, you know, like, if you, like, look at a vcp, like, you know, on the left side of the triangle, it's much wider, and then it gets narrower and narrower. You need the large volatility, and that's what straightens out all the moving averages. If this thing were just to go, like, very tight sideways, it would take longer for the moving averages actually straighten out, but this would be more. So what I would want to see with NBTS. I bet Dr. Luca's recording. He's probably not even at his computer, but. Yeah, That you Mac Hammer today off the HPC is telling things.
Okay.
Yeah, yeah, right off of it. Yep. And it closed above 10. 10 is like any. Any whole, like, whole number, like 1, 10, 100. Those are the hardest levels to crack in the market typically. So, like, it closing over 10 is, is a good sign for sure. Yeah, it looks good. It's just, you know, the reason why it's choppy is because it's in a range. But I don't know if we look at, like, its past history, like this little flag, it looks. It looks all innocent, like, you know, due to, like, the chart parallax, as I call it. But really, I think Vaughn's watching. Washing the dog. It's not too bad, but, man, that move is crazy. Let's see what else I want. Like, see, like, I want this one. I need to add it to my collection. I should have. I bought on this day. I bought Wolf Hut and Riot. I should have bought CIFR here. And because it literally just broke out this range, I think this thing dies once all the deals are made. It'll take a pause. Is there any specific scan for 38? No, no. Like, the way it works is you just do a daily scan for swing trading, but instead of selling on day three or five, you're selling at the end of day one. That's all you're doing. So, like, IO and Q today, okay. IonQ was actionable today for sure. So you would just have sold. Not yet, actually. You'd still be in it. You'd still be in it, but you could just sell now. You know, like, there's a, like, a variant of, like, that's just a base. Right. Like, what I'm just trying to do is just build a system to follow it. Yes. There's ways to, like, improve it all the time and you should. But, like, if you just don't, like, just stop messing with it and just follow it, like, that's arguably way more important than the money that you're going to make. Right. Like in the beginning, because it's all about just building discipline and habits. So, like, yeah, you know, I.O. and Q might rip 100% the next day and you might be, oh, damn, you know, I'm going to change my rules now. Well, how often does that happen? Right? And, like, if you understand the strategy, like, the actual, like, intent of the system, which is to turn over your edge, get the cash back into your account so you can redeploy it, then it makes things a lot easier because not very often. I can tell you right now, if you would have taken IO and x, you're not going to catch 37 candles very often. You're just not. And if you would have took a 25 position or 30 or even 50 or whatever. You know, knowing that you're going to sell at the end of the day, you just move the needle on your small account like you moved it and guess what? It's now you've converted those shares back into cash, it's back into your account and now you're ready to take advantage of an aoi, which we could wake up Monday morning. AOI could do a deal with. Who the knows, who cares? Just some big company and the thing's gapping up 10, 20, 30 in the morning. You buy the opening range and the thing may go a hundred percent on Monday. Who knows, right? But the point is you are turning over the edge. Meaning you are just rapidly compounding. The faster you can buy and sell, the faster you can grow an account. Like period, end of story. Like that's just the way. Way it is. And when you have a just seemingly endless amount of setups, that's, that's the time to really do it. I mean, the rule set says exit your position when price closes below the the 30 minute charts. 10 EMA. I mean that's, that's like the, the core of it. So we haven't closed yet. Like, and we still have another two hours left. This thing could curl and go to 106. Right? So like. Yeah, Soul. Let's see. Soul. Oh, wait, there's no stick there. What do you mean stick? There's no stick. Put your stick back. Oh, Soul. Oh, I'm long. What do we got?
Oh.
Well, hey, better not, you know, better. Better than a sharp stick in the eye. Do I want to go hit golf balls? Kind of. Yeah, I should. So like RGTI, you know, like. Wait, is that the 50 SMA? Oh, that's a 50 EMA. That is way down there. Holy shit. That's kind of an interesting outlier. Is that right? It doesn't feel right. Oh, it's a 30i so like RGTI, you would have just sold, but you would have still captured if you would have bought it through previous high a day. Yeah, you would have captured a 10% move. Do I think 30 EMA is more effective than what? Yeah, I mean that's fine. That quality talks about, you know, three to five days. It is a great way. But me, I'm out for optimization. Like, I'm out for what is the optimal way. What is the fastest way to grow an account using swing trading methods like his works. Three to five days is great. It works. But is it absolute fastest? I guarantee you that he did not do the analysis that I did. There's no. There's no. All right, I got about 12 minutes, and then we're. I'm going to get out of here. Yeah, but rgti right now, you could sell it for me. Like, if I was doing 30 EMA magic, whatever, I would have. I would have sold at the first 620 cross down. I would have sold a good amount of it, and then I would have trailed the rest on the. On the 550 or the 3010, you know, for like the day one runners, like the really, like, crazy ones, man, it's. You catch it early, like the way. What was that one that ran? Wldh wldr or something like that? Wh. Something. Something that was. Been running past few days. Yeah, there you go. Wlds. So I was talking to Danny early in the morning, and he caught this stupid thing right here. He caught it right here. Does insanity. But where he bought it, this is also really important, guys. For 38 Magic, your entry, it needs to be close to the 50 EMA. It's got to be close. You can't buy when it's already extended from the 50 EMA. So he bought it here, and then now you can trail this 50 EMA. You know, he would have trailed it all the way to like, you know, you could have trailed it to here. That's a 250% gain that he sniped. It's the same kind of concept, but I would have sold, you know, half into this extension and then the rest at like a 50 close. Or, you know, if he had such a good profit or cushion, he could have held it longer. But the 30ema magic is just a basis for you to use for exiting and turning over the edge, which is buying and selling, buying and selling, buying and selling. And you like you. Or I guess the question would be like, why don't you just day trade that? Why don't you just buy, sell, buy, sell, buy, sell, like, you know, intraday setups and stuff. Well, the best day traders are aware of the higher time frame. So the best day traders should be trading, making their trading selections off of daily charts. So like as swing traders, we build our watch list, we scan on daily charts. So, like, you find a chart like aoi that's set up, right? Like, you know, if I buy this, I want to hold it for like weeks, a month, maybe even a year. I want to be able to hold it for a year if I get enough cushion, right? But like, you know, 30 EMA magic. You know when you have literally 10, 20 setups, you can take a day for like 60 days. Like why would I even tie my money up when every single day each one of these setups are giving me like just insane out the gate sort of moves. And then you just buy, sell, buy, sell, buy, sell, buy, sell. And then you scale your account with it. You just scale your account. So you're allocating the same percentage of your account, the positions and you know, after getting X amount of winners, like your account just balloons. It just grows so fast. With the small account I just use all of my skill set possible to, to grow it. And based on the actually I need to update it today we're actually in the green. But yeah, I just use all of, all of the skill set available to me to grow it. So it all depends on the time too. So like if like Monday for example, the SA is the only account that is not fully allocated. So like it's probably going to get all my attention, right? So like, like if it was me today like with the sa, I would have like, you know, I was really trying to optimize it. I would have like sold into those like big expansion candles like in Ionx or whatever. I mean it was up literally 40% on the thing. But I mean that's just a different story. Like I'm not trading 30 EMA magic. Like I don't, I don't really need to. Like, it's like the, literally the purpose of it was to help day traders transition into swing trading. So they get in the nightly routine of building watch lists of scanning on dailies and weeklies, but they sell the same day, you know, because day traders, they don't want to hold overnight risk, they want to take larger size intraday etc. So it's like a great transition. And once they, it gets them to start learning how to trail moving averages and to trust moving averages, right? And then as they get comfortable with it, then they can, and their account grows, then they can start increasing the time horizon of their, of their holds, right? But it's, it's really designed for people to. Yeah, yeah, it's really designed for people to transition from day trade. Yeah, exactly. Yeah, yeah. Because like if you just sit down with a spreadsheet and you're like, okay, how do I make this number grow the fastest? Well, it's exponentially, right? Like this times two, times two. Times two, times two, times two, right? So like that's like turning over your edge. So like if you bought Tesla, right? Oh Congratulations. You bought a great breakout. But like Tesla, no matter what, it's just max gonna grow. Like biggest days, you know, maybe on an ER day, Michael 20, but on average it's, you know, it's APTR is like four or five. So like that's what you're gonna get, you know, on green days, I guess. But it's gonna be like up and down, up and down, up and down. Right? Like. So, yeah, like over a course of a year or something. Like, how much is Tesla really gonna be up? You know, you might catch a great year and Tesla goes up, you know, 100%. Right. Okay, fine. You, your 25, 000 account is now 50,000. But if you catch a market period like now where you can grow your account 5 to 10% every single day, your account could be up hundreds of percents. Thousand percent. Like, there's plenty, there are plenty of people who started with small accounts this year that are up 4, 500, a thousand percent. I know several of them in, in the, in day trader rehab. And it's because they're focused on one setup and just turning over the edge over and over and over. They don't care about holding Tesla, you know, like forever, like I do or Ariel does. They don't care. They want to hold it until momentum shifts or until they have a better place to put the money. And then they just keep turning it over, keep turning it over, keep turning it over, keep turning it over. And then you'll run into periods where you. There are no setups. And that's what really, really tests them because then you have to literally sit there and do nothing. Which is, which is the hardest part. That's when people give all their money away for free. All right, guys, a couple more questions, then. I got a dip. No problem, Cornholio. It's good for me because literally the more I think about it out loud, the more it just kind of like solidifies all these thoughts in my mind and helps point my, my compass into the direction, you know, into my like, you know, it kind of guides my journey.
For sure.
So pretty much just hold the premium of period. Pretty pretty much just hold the period of momentum and when it starts to shift, find a new set of. Yeah, you could do it like that. Me, I, you know, like a one really good variant for 38 magic would be at the end of the day, sell half. And then the next day, if you catch the day one of a breakout, more than likely it's going to continue day two. Then you just continue the 3010 trail. Like if say price does not close under the 3010 by the end of After Hours on day one, you could just keep trailing if you want me, I wouldn't want to because 30ema magic, I have already taken too much size, so I would sell at least half. But that's like a good variant because a lot of money. Actually the majority of the money is made in the gap up. Right. So like Tesla for example, if you did 30 EMA magic yesterday, well then you missed the entire extra 7% move to that. So yeah, if you did Tesla, see how it looks with a 30? Yeah. So it. I don't even think it closed under mayhap whatever. But then the next day you just treat it the same way. So it opens right there. Boom. It wicked right off the 50. And guess what, you're in the exact same position. So you could just keep piggybacking it. That's a good variant. But no matter what the. The idea is to turn over. It's. It's Pradeep's momentum burst just optimized essentially. That's the way I look at it. I mean Daniels, I just did that for like five charts quite literally. So I can't do it right now. But maybe next time. Yeah, the core weave setup is just, you know, a setup that I've studied a ton and that I just understand really, really well. But yeah, I mean it's just like him. It's just like the him setup. It's identical. I'll go over this and then. And then I gotta get. But here's the him setup.
Right here.
So you basically have this big downtrend, just like core wave, big downtrend. And then hims has. I think this is like the NVO news. But as like a 40 gap up day, it comes down, it sells off and then it literally kind of creates a Shoryukan set up find support on the five. So then core weaves kind of the same thing where it has this big downtrend. Here's the downtrend. And then it has the highest volume day ever on Good News. And then it finds support on the rising five. So like the undercut and rally of the five today was perfect. So like I have this 107 line that's been drawn here and 107 was drawn based off of the original highest volume day close, which the close is 107.39. So then drew that line right across to correspond with the five. Right. And I already knew that. We just had like a Huge news day. A huge gap up day. So like it should be on your radar just like it was for hims down here. So it had like a big giant news day where it gaps out of the range on stupid volume. And yeah, so it's the same set of plus, don't forget about the macd. Look at core weaves. Macd. We're down trending on the price chart. We're up trending on the macd. Hims down trending on the price chart, up trending on the macd. So these setups just keep repeating themselves over and over and over. And what makes them particularly exciting to me is because they, these stocks make huge, huge moves on insane liquidity. Fast hims. 150 in 22 bars core weave, just a monster. Just an absolute monster. It makes a move out of this range in 52 days. 300%. Look how clean. Look how linear. Look at the sell off. Look how clean, look how linear. That's why I was freaking out here. It's the same 107. That's exactly where I bought it. Here. Guess what? It gave me like, you know, like a 40 move in a couple of days. Yes, it dumped on earnings, but whatever, it's setting right back up. Higher volume than ever. This for me, Louie just doesn't like the reason he said didn't like it. He just doesn't. This isn't a setup that he trades. But me, I've obsessed over this setup because it's just such a high return setup and it's not one that people talk about often. It's an edge that I've developed for myself and it. And it works really well. And the more you study the markets, the more you will find things like this that you. There is no name. You can't YouTube it. You. There's. Nobody wrote about it in a book, right? Like there's nobody talking about it in their course, right? Like nobody's talking about this setup in their course that I know of. It's just something that I discovered because I'm not worried about courses. I'm not worried about writing books. I'm worried about growing accounts as fast as possible. So with all that being said, I hope you guys have a good weekend and catch you next time.









