Chart Talk Ep 13 | Cleaning up my watchlists
Alec Riffle reorganizes his stock watchlists, walking through which tickers to buy, remove, or flag. He explains his setup rules: high-momentum first flags, clean moving-average alignment, tight consolidations, and his trade management approach of selling half on winners and trailing moving averages.
Chapters
Yeah, straight out the fucking dungeons of rap. The fake niggas don't make it back. All right. Shark talk. Episode 13. Mike Check. Mike check. Can you hear me? Loud and clear. All right, cool. Okay, so my watch lists are a little sloppy right now, so I need to clean things up. So I figured I'd take the time and do it on stream. So I'm about to just run through my process, think aloud, talk about the same shit I always talk about. Cool. All right, step number one, gonna remove everything from my folks list. Voila. Step number one. Done. All right, step number two, we're gonna go through needs more sideways. If it's not within the realm of executable, I am removing it. I bought Wolf today. I bought Hut today. Core weave. Core weaving. You look great. Needs a little time perhaps, but it looks good. I don't really have like a super clean level yet. I'd like for it to build a little bit more of a range, but it's going to give us a big move eventually. Actually. It's producing this really nice lick. Starting to diverge a bit. A lot more momentum to the upside. You can see here, here, here. Momentum to the upside. A lot of volume. I just like for things that even out. I'd like for price to get above the 50. It just seems more sideways quite a bit. Galaxy gas. This was good today. Could have bought it today, no problem. Pwnr. I'm gonna leave it apld. Looks good. A little bit of sideways would be cool. UU is gone. She gone. Galaxy like. What Lie. What happened? All right, btdr. All right. Nausea. I'm gonna turn you off. So, I mean, there's really no momentum here, but this is a European data center play. We just saw what happened with NBIs wolf. C for hut etc. I even bought Riot today. So, I mean, this thing can perk up, I would say. I'd like for it to build, you know, a little bit of a first flag sort of setup. Maybe around 18 somewhere above here. But yeah, I'll leave it on Pony. Same thing. Really nice. Super tight. Pretty relevant. You're staying on. You just got a Mac V cross today with a big perk and volume. I like. I like. Unh. I don't even need to look at you. I literally have like near bottom tick average. I have 243, 33 average. Haven't trimmed, haven't done anything. Just. Just watching the flowers grow. You can stay on Brigetto. Pwnr. Today. Perfect. It was so tight. This is such a clean entry. Was it Late day or something. Yeah, yeah, yeah, yeah. That's why. Look at all these moving averages. Look at all these relevant lines that went through today. Found support on the 50. Yesterday's close through the five day. I don't like how the five days still below the 10. The 10 is still below the 20. We need to invert these. But nonetheless, this is a move in the right direction. So clean. And it's not just, it's not just a single chart in a vacuum. It's qubit same chart. Like this is real chart theme. Real, real story theme when the chart and the story are the same. See, it's easy for stories to be the same in a theme that no one really understands. We just know quantum and that's it. Right. Let's see what are the other ones? QBTS. QBTS is definitely the highest IonQ. IonQ is weekly. Looks the best right now. Yeah. Yo, yo. You have this high volume close which coincides with the gap. Gap low which coincides with my downtrend squiggly line. We have a ton of chart theme here. I mean this is definitely, definitely something to keep on the radar. I just need a news event. I just need news. So I'm just going to set alerts and hopefully when the alert triggers there's some news because I can't buy it without it. Cubit AMD I bought today. I bought it, I don't know, somewhere like, I don't remember what time. Like right here. I can take you off. Reddit looks good. It's a real you candle. But I just don't like it because it kind of messes the range up. I mean it is a tight day. Like we could just ride. But I don't have a super clean level. I'll leave it on. Needs more sideways. I like circle how linear it is, but it's kind of in the same boat as core weave. Just need sideways. It's got this nice divergence forming. So it might perk up, go sideways for a while, allow the 50 or allow the moving averages to get back in order properly. Baba. Nbts. I don't know. Open obviously. You guys know I own into. Just nowhere near. Like I'm not going to buy this thing up there that needs way more set up to me. Rr, a lot of these just need like months. All right. Sym is nice because this is the first consolidation out of this monthly, But I'd rather just kind of again perk up and like build a flag. Like it literally in, in all of this chart history, it's what. This is like the only flag over here. I guess you kind of had one here. I don't know. I'm not. It's whatever. If it's not super, super, super clean, I'm not interested. This just looks weird. Let's get time and sales and scrunch the chart over a little bit. Yeah. This is a different monitor. My aspect ratio is kind of, kind of off. I mean it's a very linear downtrend, But I don't know, it's just messy. I'm not really like super duper interested in it. Hood, obviously. All time highs today. Hell yeah. I'm up like 150 on it now. Crap. You'll come back around. Nvidia. You're not actually. Neo was looking pretty good the other day. I missed the first like. I can't believe I missed this flag. Pretty annoying. This looks pretty decent, honestly. Yeah, this one's. This one's good. This one actually can probably go in focus. All right. Yeah. See like how price like high of today is pressing the relevant level, like the trigger level. That's what I want. I want it to be close. Yeah. Look at this. It's weekly. First touch of the five. China is hot. Yeah. Yeah. 10 looks great. I have a starter in it. I tried to add more, I think yesterday and I. Yeah, yesterday and I sold it. Again though. It's like where it still needs some. I feel like a couple of days or like what the hell is going on? Yeah, it needs a couple of days. It's like where's the actual breakout level? Yeah, it's getting closer. Definitely. It's getting closer. I'd like for it to like come down again and then kind of just keep going over the next couple of weeks. That'd be ideal. But it could just plow through. I mean, who knows? So I would definitely buy through this line. So I'll leave there. I have a average. I want to say it's like 75 or something. I don't really have any shares, so it doesn't really matter. Okay. Cvna. I don't. This thing is just. I don't even know what to say about this thing. I don't want to see it again. Hinge. It's too thin. Ethia. Tesla. I have a starter in. It needs. It could go anytime. Really. It could go at any time. Like another little tight day here would be. Would be sick. And then like the moving average, the 10 day would be here and then this little gap would be filled and then it would like really Complete the pattern where it's just pressing against the breakout level. I don't know though. Still just. I don't know. It just looks sloppy. It gets me. Yeah, it just. It just looks sloppy. I know people love this daily and I do too. It looks great, but like, It's just not super duper clean. That's what I want. I want crispy, clean. Like this flag right here. That was crispy, like super, super clean. There was no mistake where the breakout level was. And I guess here there's no really mistake either. Either way, let's. INTC is building this little flag as well. It looks good. I feel like it definitely needs more sideways or needs like curl. This needs an alert though. Yeah, that's really the line. 26:50. It's like the next next level up kind of matters. So we're a little bit of ways from there. That would actually be the top of this flag. So like, if it like kind of curled and built something up here, that. That would look nice. It's got a ways to go. Lemonade is a like a pwnr sort of play where it undercut this left side peak building low consolidation. This one looks really good. Rklb, you know, like. Like, it makes really big moves, but the moves suck. They're like Palantir's moves where if you look at Palantir historically, like, it doesn't make clean moves. Yes, it trends and it trends at a good degree, but they're just choppy. They're choppy as they're. It's hard. It's a hard stock to get situated in. You basically gotta buy like the death candles. Breakouts don't work. And RKLB is kind of the same. I mean, here was a nice one. This was nice. And it ran for what, five days before retracing the whole thing. I guess you could have bought this little pivot, but I don't know what. What kind of setup is that? Like. Like, what is this? It just looks like junk, but it moves. It just doesn't break out of patterns that are typical of where I make mine. So, like, I know people like it. It moves quickly, got a ton of volume, but it's just choppy chaos. Like, it's just choppy chaos. Like, this is one where, you know, you may want to spend a little bit more time developing more of like a thesis, an idea so that you can buy it in a few chunks against a moving average and just be a little bit more tolerant of the chop and take, you know, take your time. If you really, really like the idea. But I don't, I don't like it. The MACD sucks right now. You have a huge MACD divergence. Just. And the price is choppy. Yes. You have like this tight candle and like overall looks good. But like where's the range? I don't know. It's. I guess like that. I don't know. But like, if you look at like, like it never really broke out of any range. All it did was just like ramp. It just like ramped up. I don't know. I'm not interested. Like medic actually made some moves, but not out of any like patterns that are familiar or patterns that are tried and true. Like, what's the pattern? I don't know. I don't see one. I don't see a pattern that, that I personally enjoy now. AO was a great pattern. You have this perfect flag. Out of this, you know, long downtrend. You have this big bull divergence. So you have that. So your momentum shifting, it perks out. It builds this really tight flag and then obviously earnings push it out. This was the first touch of the five day. First touch. So tomorrow, over the five day, it's probably actionable. Yeah. Like, look, you have this pretty nice linear hourly downtrend. You have this big hourly high volume bar right at 18. So you have a nice even number. Like this is a clean setup where you're, where your level is clean. You have a round number. You have like a high volume level. We moved out of this really clean flag on great earnings on like probably highest volume ever with a super clean MACD divergence. Like, and then look like everything is clean. Yes. In this range, it's sloppy. Sloppy, sloppy, sloppy, sloppy. Sure. Okay. That's typical of ranges. But when it perked up and it started building this flag, it started getting linear and behaving well in the presence of elevated volume. And then it had this huge donkey candle, obviously earnings and it wicked cleanly off the five day. So like, is it the cleanest chart in the world? No, but it has a lot of clean things going for it. Clean downtrend break, clean divergence, pivot clean level of 18, clean wick, clean flag. It's behaving well. So like, I like, I like this. I like it. I don't know if it's gonna be like executable totally for me tomorrow, but it's got a ton of momentum right now. It's got some names behind it. And if it, if it does anything similar to what ANF did, cool. I'M down. Look at the bigger picture. Bigger picture is it's still stuck in this big old death range. But that's fine. That's fine. I know the move won't last forever, but, you know, if it can do a couple hundred percent like this, really clean over the course of a year, I'm there. Let's go. Let's go. So I'm gonna put you on focus. I don't know what tomorrow will bring, but nonetheless, I like it. Piton, Peloton, Peloton. You know, I should probably look into some of their plans because they have all this hardware deployed all over the world that's AI enabled, and they're probably cooking up something. I got a big old peloton right behind me right now. I absolutely hate it as a exercise device, but I. I love it as a coat rack. It's a great coat rack, not gonna lie. So what do I think of the chart currently? I think it's just building a range like this is really shitty, sloppy price action. I'm not like super duper interested in it unless I were to learn more about it. And it's not at the. It's not like at the top of my priority list by any means. So I will set just an alert. Eventually it'll cross this and it'll remind me of it, but I just don't want it on my list. Tiger. Building this flag, it looked really good here, but it's just starting to really, like. Like it needs to proceed, it needs to move on. It just can't start around. Like, you can't go from a perfect flag like this to that candle. Like, I'm just not down. Like, you're losing my trust. Like, charts need to earn my trust that they're going to move cleanly. I don't. I really am not interested in charts that are gonna around and waste my time that are gonna stress me out. I'm just. I'm just not down with it. So they need to. They need to prove to me that they can act right, like, they can behave and, you know, coming from like a really nice, tight candle here and then an expansion on volume out to go into this first flag is cool. That's a little bit too much of a retest, but whatever. But here, like, that really tight candle, this thing should have just rocked. This thing should have just went. But now it's come all the way back down and it's just. The chart's kind of broken. I don't know. I mean, I wouldn't say it's broken by any means, don't get me wrong. But like a couple more days it could look great. But it's like, brother, like, get it together. Like, this is just crazy. Like it's what, it's just going to start going straight up or something? Just needs to get it together. And you know, as far as I'm concerned, this flag is broken. Like it now needs a perk up and like spend a couple more weeks, you know, doing stuff, getting its act right, you know, regaining my respect. Because right now it's lost it. You can't go from like hero to like slop on good. And it's just done it so many times, you know, like right here. Look. Look at that beautiful flag. Everybody would have been like, oh, downtrend's broke. Oh, look at this perk up on huge volume. Look at that flag. And then just rolls over like bro. And then it did it again. And it did it again again. Then it just looks like it's going to do it again. But I, I cling to it. I keep it. I keep it there because even if I were to get stopped out here once for 1% of my account, you know, here again, I don't. It didn't even trigger. But like here it triggered. I get stopped out for another. That's like 2%. Right? But like to then catch a move that's like this, that's 200 in 10 days. Like I'll put up with with its nonsense a little bit longer, but bruh. Like, like, like, let's go like it's holding the five. Let's just see. I'll leave it on either sideways for now. But it's got it. It's gotta act right. All right, Plug, I'm setting an alert here and then I'm taking you off my list. You also are not acting. Su looks great. It looks good. It's a little extended right now slightly. And then the 10 is still below the 20. But it can make really, really big moves. So we have this high volume level. We're very far away from it still. Like, even if it were to like push tomorrow, like, we're still 6% away from it, which is almost an entire APTR. Actually, if we were to measure from close. Yeah, that's 7%. That's basically an entire apt ROI. So even if it were to just like rocket from open, it's gonna like, by the time it gets to previous high day, it's already half an aptr. And then to the line, it's. It's a Full one. So the likelihood of it, like, rejecting is higher. Yeah. I don't know. It kind of needs to do, like. Like, we're basically here in the same spot. It looks very similar. Yeah, I feel like it kind of needs to, like, just, like, go sideways like this. Like this section. Like this, like, really kind of boring, monotonous section, and then perk up and give us a first flag again and then go. Because here we just broke out of, like, this range where. Kind of unr to this base. It rejected the gap level, came back down. It formed like, a change of character. Line gap. Line gaps over it comes back down, retest perk back up. So, like, we're kind of out of this lower range now. So, like, if it were to build, like, a nice flag here, pressing 16 or even, like 17 here. Yeah. Volumes elevating. I don't know. Like, do you buy it tomorrow? I just. I don't. I can't. It's so extended from the 10, so it's got to stay on the. These more sideways. This thing's got to go. Run. I don't even know what that is. Qs. I'm gonna leave MBOT on because I read a lot about its story. I'm gonna let see if it can set up a bit. I think it can go way higher, but obviously we'll let price action determine that. All right, I need some more side. This is still too long, but I went through it, so I'm not going to go back there and comment. All right, let's go through this scan, See if there's any questions or anything. I'm never just sitting out and, like, just scalping. I don't. Not really. Not really doing that. Yeah, I'm always looking for swing setups. Oh, you may be thinking about, like, the small, small account or whatever. I'm not even. I'm just waiting for an A plus pitch so I can full port it and double it. That's what I'm doing. I took one shot. Stupid. I took one shot MSOs today or whatever, and I lost 10 grand. So I'm just gonna. Just gonna chill and just wait until I get like, that, like the perfect Tesla setup so I can full port tsl. You know, like, that would be. That'd be. That would make it easy because then all of a sudden, you know, I think it's been like a month and a half or something, and I'm just basically flat. I don't have time to sit there and just scalp it all day. And, you know, like, I Don't know, I mean shit, I might actually set some alerts and see if I can catch like one of those thousand percent runners. Like holy shit. I did, I did notice that, you know they're like these Chinese scam stocks. It's like the revenge of like the Chinese scam ever since the. The regulators at the SEC basically said that they're going to crack down on the scam stocks. They're just squeezing the out of out of the nipples on these small cap shorters who were getting up, we were getting blown the out like unbelievable. I know. Ariel and I were talking about that one today. Q, M, whatever. We've been talking about it for a minute and he wasn't on stream today and I hit him up in the dms. I was like yo bro, I hope you're not in this. And he didn't say anything. I'm like oh. And like he didn't like respond. And then like I went to a screen stream and he wasn't there. I was like ah. So then like I had to text him. I was like bro, I hope you didn't get stuck in that cuz that couldn't seriously you. Luckily he didn't. I don't even think I could get located before I'm in toss. But nonetheless I'm gonna keep my eye peeled on, on all those turds because you know, I don't know, maybe, maybe we can end the the 300k to 10 million challenge in a day. That'd be kind of sick. All right, let's see. Wolf, I just bought a five minute today. Where did I buy it? Let me check. My, my average. I have a 487. Wait, no, that's all right. I have a 975. So I must have bought it. I think I bought it right here. Maybe did I bought it earlier like here or. I bought it here? Yeah, I bought this candle, the 1145 candle, but I bought it. Pretty simple. Next question. L. What up ashton? L wlg. What do you like about this? Ashton? Are you here or you already left? Yeah, I don't know, it looks like to me, I mean it might like if it perked up or whatever might look all right. You only hear background music. For real? Do you still hear background music? What background music? Action. I mean, I don't know. I mean I might see what you like. See here you have like this high volume level. I just don't like this candle today. This candle is pretty ugly. The MACD cross down. It doesn't really have any support on any moving average, it might perk back up. I don't know. It's got a ton of momentum. Like, this is great momentum. It's definitely one to keep, like, on the watch list. But in terms of being actionable, I don't know. Maybe I don't really like it. So is the music thing my fault or is it somebody else's? Can I proceed? All right, let's rip through this scan. Okay, so the scan. I should probably fill these out, but actually, I want to look at this thing. Holy fuck. Oh, my God. Yeah, this should be illegal. Actually, I think it is. They're trying to make it illegal. Wow. Unreal. It just has all the characteristics of the scam stock. You can just see it in the tape. I can see it in the level two. It's just entirely manipulated. I am. I am very curious though. This one, actually, they had a offering. I want to say they raised some money. Oh, my God. This news is just insane. Halted. The stock is now up 2,393%. Oh my goodness. Oh, my God. Oh, it's a crypto. Oh, really? I should start one of these. Shit. Oh my God. That is insane. I'm gonna start a new coin. I'm gonna call it Jenkum coin. All right. Yeah. What? Let's see if there's like a setup in here. Like, how'd this even get on your radar? I don't even know. Be honest. Did it do anything in pre market? Yeah, see, like, okay, so yesterday up 58. Okay. And then in pre market up another 70. Okay. So that's kind of your clue. It perking up. Okay. So like, yeah, you had like. All right, that was the 58 candle and then squadoosh. Oh my goodness. Okay. It's crazy. It drug the 10 day SMA up this high. That is insane. Yeah, I mean, you did have a setup here. I'm curious if every one of these were halt candles. Probably. Good gracious. Yeah. If you just trailed the 10. Oh man, you would have still caught a 700 move. All right, well, I'm not gonna stew on that too much. So EPSN was another scam stock. I don't want to get too hung up on this because I really don't give a that much, but it would be pretty cool to catch one with a sae. I have my list of all the scam stocks. Maybe I should pull that up and go through that. Let's see if the scam scan is cooking up. Okay. Whole bunch of scams. A whole bunch of dog. Oh, sos. I remember you. Oh, man. So you're a scam, but you're in the bitcoin world, but you're not like a scam like those others. I mean, those other ones are like, crazy scam. Look at this volume. Wow. Oh, my God. Just gives me, like, the willies just looking at it. I want to find one that had, like, the crazy, like, rug pull, candle bit f. Nice move today. Wow. Like, holy. This one actually had a good shoryuken setup. I tried it here and obviously I got splatted, man. Okay, All right. I'm not going down that path. I'm not doing this right now. All right, so I'm going to scroll down a little bit, get to the point where the mark percent change is not greater than the average percent true range. So that one's 2x. Keep scrolling, scrolling, scrolling. Getting there. All right, we're about there. Okay, this is cool. We'll start. This was a nice little perk through high volume. Close. This is a big move. It retraced the whole damn thing, though. But that looks nice. I love the name Giga Cloud. This is a nice, nice one. Look at this night. Look at this downtrend. Look how cleanly defined it is. And then it's accompanied by such a clean MACD divergence. Then it gives you this first flag and boom. Now it's giving you a weekly first touch of the ten. Okay. A little gappy, a little spready. I don't know. I'm not really interested. All right. Some of these are really thin. What is going on with the scam? I don't know if I can deal with this. Is that. Oh, that's why. Jesus. Scam screenshot gallery. That's funny. I'm not worried about many halts down past my stop. Well, no, not really, because the worst I guess I could lose would be my entire position. I don't know if I'd get more than 5% in. So, like, in the absolute worst case scenario would be 5% of the portfolio. Maybe I'll get like 10%. But I would only take this in the small account challenge. So there's no, no, no other place for me to do it. And I don't really think it would, like, halt down past my average. I haven't seen that happen yet. Have any of them done that yet? I mean, this one didn't do that. Have any of them, like, halted way down past, like, like a logical entry point? I don't think so. But if you. If you see one Let me know. All right, here we go. Much better. Lou l. Dog bought you. Oh. What the. All right, so what we're looking for is. We're looking for first flags. We're looking for high momentum, high dollar volume. That's what I want. So let's find. Let's find some first flags. I'm just gonna go from the top. Nope. Here's a scam stock. This one might go to 300 tomorrow. Look at that. It. It's doing the exact same thing. Q, M, M, dip ramped up, had this big, big day. Is it holding up in after hours? If it's still going in after hours. Here's one. Oh, boy, oh, boy, oh, boy. PETA neum. PETA neum. Pain in the asinium. Put this one on. Going on, though. I'm gonna stick it here for now. What? Whoa. Yeah. So scam stock verified. Okay. Stamp scam stock depression period. Scam stock perk up, first flag breakout. Oh, boy. This one's. This one might. Might go to, like, a 300 tomorrow. Oh, boy. Let's see if we got a level. I mean, really over yesterday's high, Maybe. What the. Why is it freezing? Why is my. It's freezing. There we go. Oh. Huh. That's bizarre. You know, I kind of like it over this one. Just over this IPO candle high. Like, over five bucks. Makes sense. Let's see what five bucks looks like. Oh, no. Feels right. Feels right and wrong at the same time. Honestly, I just want to nail one for clout. To be totally honest, I just want to nail one for clap. Ariel has caught three of these things short, and I'm not gonna do that right now. Ken, quit posting selfies, bruh. Getting weird. That one's pretty nice, though. This dude is posting selfies in the chat. I don't get. This is what he's posting. I don't know why kids these days. He looked locked in, though. All right, next. Wow. Oracle. What a move. What a move. Are these, like, super thin or what? What are we looking at here? Yeah. All right, so we are looking for first flags, Momentum, Momo. Most of these all have just. They all broke out today. Riot, we bought you today. Sure did. Never thought I'd ever own this thing again. I bought six stocks today. Actually, seven. I got stopped out of one. I cut msos because it closed a week. Amd what I got amd. Wolf, why am I blanking? Riot, hut. Oklo. There's one more. No. Yeah, yeah. Wolf. Wolf. Riot. Oklo. Hop. Amd am dizzle. This one Looks good. This one looks pretty good. MACD cross today. Big volume. So you have MACD downtrend break. Yeah. Volume downtrend break. Price almost downtrend break. It's good. That's what I like. I like seeing all three charts look symmetrical or look, I guess, mirror one another in terms of shape. This one looks good. And Price is pressing perfectly. Pressing this left side peak. What's it doing in afters? Need some sideways. But promising. This one the same apld. I'd like for it to get some more sideways toss. Looks complex. What looks complex about it? Ashton? Wow, Lumen. It's been a while. Okay. Look at that. Looky, looky. Dainty loves Lumen. I wouldn't be surprised if he owned some of this. Man, this was. This one gave such amazing move last year. So good. Twas a good one. So now it's breaking out. Give me a first flag sort of thing. And it's sustained volume pretty well. All right. Whoa. What are we looking for? We are looking for first flags. Not seeing any. I see stuff kind of perking out of these bases, but it's about it. Like here, this was a first kind of flaggy thing where it has this downtrend, it perks up and then it puts in a flag and then you just kind of buy it. Real simple. Don't need to make it complex. Just not seeing much. When do you know the videos will happen? You won't, because I don't. There's no schedule, unfortunately. Maybe someday when I'm retired. See, like this was a perfect first flag. Like downtrend break, perk up on two days of big volume. First flag gone, rinse, repeat for the rest of your life. Simple, simple, simple. Just keep doing it over and over and over and over. Like Marshawn Lynch. This thing looks good. Kinda very. It looks linear. So this one gave a great first flag right here. Look at that. It's just like clockwork. It's like magic. So here it perks up, tries to give a first flag, fails here, breaks this downtrend. First flag fails here, does it again. After a long sort of, you know, forgotten era, sort of sideways, we're all. Look at these moving averages. Like, look what they did over this time. Like whenever you see this in a stock, it usually leads to pretty big moves. So like soun. All right. I gotta remember where I was. AMDx so s o u n. Right here, it's like this forgotten about era. Like this whole like half a year where it's just like nothing. And then it Clears it and then it builds a first flag and then it goes. But you see how linear it is. You see how tight all the moving averages are for a long period of time. Like if we look back at Mara. 20, 23. Three, same thing. Same thing. Or is this 2022? Yeah, right here. So it's like this long, this sideways, super tight. Like it's just super tight. It's just going sideways, sideways, and then boom, it kind of breaks out. But where's the actual. Where's the big one? This one right here. Same thing. So just sideways for like a half a year, super tight, then breaks out and then it gives you this first flag and then it ran 100 in 10 days. Sounds good to me, man. AMPX was where we were at AMPX. So same thing kind of went sideways. Everything got really tight, perks out. First flag, then it gave a really, really clean move. 100 in 10 days. Give me that. Like here, this is a continuation thing in my bobber. It's just big. I like it. It's tight. Like, I think over somewhere here you could buy it maybe. I don't know. I mean, like, I'm not super excited about it, but it has momentum. Like, I like these tight flags where like it goes up like, you know, in five days, 50%. Like, boom, five days, six days, whatever. 50%. Then it goes sideways for like two weeks. Like that's what we want. Like, Aeva is like, like the. The golden child. So like this long, just sideways forgotten about era. And then it forms this really clean downtrend. It breaks this downtrend on stupid volume and catalyst earnings. And then it comes and produces like one of the prettiest flags like in recent, recent history. And then look how clean this left side peak was. Like, it just gave you the most perfect level. And look at it consolidating right there. Like, oh, it's just so beautiful. And then obviously like super clean downtrend break, super clean move up, super clean flag. And then what do you expect? You expect it to treat you well and give a super clean continuation move. Like, okay, so like, all right, now hold everything I just said in your head, in our heads and let's see if we can find that. Let's find. Let's find something like, yes, this broke out of this range. But it's like not super clean, super choppy, not a lot going on. This was very clean. But the price action since not very clean. Pony's still just ranging. Like, let's find, like, that's what I'm Looking for, for the SAE right now is just a very like right here. Like, okay, this is an extremely clean move. It's up a little bit too much. It's up 150. But like if it just started flagging like Aeva here and built a really pretty flag, like that's what we want regardless of the name, you know, the company or whatever. So let's see if we can find, find something. I haven't, we haven't found nothing yet. This is pretty clean. But like those are the stocks that make the biggest moves, the ones that really move your account. Like this is a very clean, like a well defined downtrend with two really big volume days and then a super clean flag. Like, like almost, almost picturesque flag. And then look, look how nice the move is. Wow. Wow. Bottom pin. It's like magic. I mean you can find it everywhere. Like when you see these clean patterns, that's, that's what we want. Okay. Except I mean I can find them everywhere in the past, but apparently I can't find any right now. Like this was very clean. Like Reddit right here. That's very clean. 60% in like three, three trading weeks. Just give me a little bit more side, Give me some more sideways. AMPX is good. I mean look how, look this clean leg, clean flag, clean leg here. I don't know what they do, but this was a really, really nice, low stress move. 100% two weeks. Hell yeah. I don't know about this flag. I mean it's a nice pattern. It's, it's pretty well defined. I mean I like if somebody told me that they bought it over whatever day this is. What's the high? Bought it over eight like tomorrow. Like if it like gapped over eight or something or push through it, I'd be like, cool, fine. I wouldn't be mad at it at all. I think it'd be worth a shot. Like this looks nice. Drone batteries. Cool. So it's in theme. It looks nice. Does it have volume for me? No, not really. Small account. It does. The MACD looks good. It's reset the zero line. Like it's a nice black. This is nice. You know, this might be the nicest one that we've stumbled across in our journeys together today in this Chart Talk episode three. If it sounds like I'm eating something, I'm eating extra toasty cheesets. Going to be the death of me. They should have never invented these. This looks great. See, the more you stare at it, the better it looks. Yeah, it looks really good. It looks good. Okay, so where do we, where do we want to buy it? See, I like buying it through. I'll buy it slightly higher. Like, I know, like the high here is. What is that, like 7.94. Like, if I'm buying a stock, I'm buying it because I think it's going to go up 100. I don't give a about the 6 cents. I don't care. I'd rather buy it through 8, which is that solid level, solid line, than buy like whatever 794, like try to cheat it a little bit. Look, it's already gapping through it. It's already over it. Give me that. So, yeah, like gap up to like 8:30 tomorrow and then come back and retest it. Give us a wash out long. This one looks good. Yeah, yeah. Fuck yeah. All right, so let's just run through the paces here. So a big, like, boring range. Look how clean the guys, look how clean and tight the moving averages are. Perks up, gives us a first flag. Proves to itself that it respects traders. Gives a really nice linear move. 100. It's going sideways. I mean, I wouldn't say that this is as great as Aeva, but it's kind of in the realm, you know, obviously always more sideways and a little bit tighter is like what I'm. I'm down for. But like, who knows? Who knows? It's actionable. I give it like a 4.5. Okay. That's the best one we've seen so far. Is this the same as fnma? Yeah, it's gotta be. This is a very linear downtrend. I'm not gonna mess with it, though. Serve swerving. Choppier than all hell. Like, okay, this, This is a trader graveyard right here. This is a trader's graveyard. This is where traders go to die. It is 9, 16. This is a up place. Like, and it's not just a little bit of like, this is literally. Well, that's two months of abuse. That's. You're like, buy this pivot and then it's stuffed. I bought it here. I don't know how much I have. I had like, yeah, like, probably like a hundred thousand shares and then it gaps down. Maybe not that much. Maybe like 50,000. That was brutal. But I can forgive and we can move on. So let's talk about. Okay, that's the past. Past is the past. We need to. Can't forget about the past because its past tendencies are likely to appear in the future unless there's some major, like, ep where the character changes, goes to stock boot camp, gets its act together. But I can't tell you that this is the best range that it's built so far. Robots are heating up robotics theme. There's not many like like pure robotic plays you can buy. Figure is about to drop. And figure might get going crazy. I think is that tomorrow is figure tomorrow I need to actually remember that it's not the same figure out. You sure? I got some like Robin Hood alert. Okay, I got some like Robin Hood alert saying that like you'd like pre invest in figure. Is that a different one too? Oh, home loan company. Well, that's whack. Never mind. I don't know. I mean, it's kind of perkin. I don't know. I. I would rather just wait for the first flag. Give me like a clean. Like, fine. If you want to go like, if you want to throw a stick, throw a stick. Like, I'd rather just wait for this and then buy it. Okay. Until then, you're just a poser. All right, let's keep it going. Where art thou? Damn, this list is long. This is kind of an annoying annoyance. And toss where I like, I lost my place. Oh, there is surfer cool Domo. See, like Domo had a lot of potential here. So it has like this big downtrend. It breaks it so cleanly, but then it off and just like produces this range when it could have made like built like a really nice range, But it didn't. Same thing here. Like, like this was such a clean. I don't even care what the stock is. Kodak. Okay, you Kodak company, obviously. But this was great. But you know, I don't really expect Kodak to. Oh, is this one of the scammers scam socks? No. Open now open, open, open, open. Has been not the cleanest price action, but it's respecting the trend for sure. It is giving us, you know, kind of reliable patterns. So what in the weird. Okay, so it gave us this really like tosses act. It's like bugging out. Like this little tool window is not going away. Strange. Do I have like one of my buttons to press? Oh, there we go. Ha. All right, cool. So like, all right, it gave us this big move up, pulls back, gets tight, and then it breaks out cleanly. Okay, cool. Gave you 68 a couple of days, comes back down, gets tight again, gives you another 65 in two days. Comes back down, gets tight again, gives you 80% in five days. Like, come on, like, what more do you want? Like neg Was the same thing where it perked up 200 in four days. Here, gave you 50 day. Here it gave you a 50 day. Like this is like the 38 EMA magic where each one of these was probably a valid hourly setup where you would have gotten like a 50, 50, 70%, 80%, like craziness. Yeah. But open spin, open's been good. We chilling. We trimmed Monday, I think. What is today? Today's Tuesday. Yeah. Yesterday we're just chilling. Okay, so what are we looking for? We're looking for first flags. Man. This one pisses me off. This one pisses me off because I bought it right here. So here's a great example of first flag, kiddo. So we have this big, like boring range. It perks up on nice elevated volume, nice price action. 50 in 10 days. It then built this tight little flag and I bought it right here. So I bought it on 625. I then sold it in this consolidation. But I lost sight of it. Then it gaps out an even bigger volume and I just lost sight of it. But that was. That's a good example of a first flag. But I mean, this is typical for this time of year where we're just kind of building ranges. I know it seems like everything is just going like straight up, whatever, because there is a lot. But still, at the end of the day, I mean, you look at the majority of these stocks and like they're just kind of building ranges. This looks really good. 10. This looks good too. Actually. There's just nothing that I love. Pow. Actually. Oh, I kind of like this. I know it's choppy. It's been very choppy. But if you look at this thing, historically, I've been waiting forever to get an entry and I always it up. I messed up this entry right here through 200. But it has just made like the most insane moves. Very clean ones too. Like if you would have bought this error pop, like this was a really clean ramp and we know power is in demand. You know what, I'm putting this one here just so I don't forget about it. I'm gonna think about a little bit more in the morning. But it can make big moves and it's got a decent amount of volume. Actually, it's thinned out a bit. Let's see how it looks. Oh, that looks terrible. Never mind. Never never mind. I don't know, I just. It's. Whatever. To me it could go. Who knows? Might be like a good one day thing. Let's look at the hourly. Let's look at the 12 hour now. The 12 hour looks really good right now. Yeah, I don't, I just don't know where to buy it. Like, this is where you would have bought it. You would have bought it on this, this day, this block. So you would have bought it yesterday? No, two days ago if you wanted it. That would have been a good spot. I don't know. I'm not like, super. Just whatever. To me, Like, I like Neo a lot better. Nice move up. Like, look at this. Nice move up 50%, 10 days, another nice leg. Okay, 40%, six days. And then look, a really nice flag pressing a clean level. Pressing. Like that's what you want. Like it's clean. Like, look how clean this price action is. It goes from like sloppy as fuck down, trending to this downtrend, gets really clean. It breaks out of that and then it puts a really nice flag in, breaks out on earnings, kind of around earnings, and then now it's putting in another flag. Like, like, to me, this looks good. Like I would like to look at. Like it's respecting the moving averages. It wicks right off the weekly five. Like, we want stocks that are respectful of traders. We want, we want trading stocks. If they don't. If stocks don't respect the technical indicators that we use to, to make decisions based off of. Like, it's not a trading stock. I mean, it's like really that straightforward. Like here, like, it goes from being like, not a trading stock, like this is all like not a trading stock to all of a sudden now getting really linear and then now boom, it breaks out of like a clean range. Like a clean, definable like, range. Like there's no range here. You know, there's no range in this, like this section. Yes. There's random green updates. Yes. Like if you measure from here to here, that's 37%. I mean, that's nice, you know, in just a couple of days. But it's just kind of, it's just random. It's doing it from a place of nothingness where there's no linearity. After this sell off here, it started to get linear. Everything. You see how the price action is just like tight now. Like it's changed. Like here it's like big, loose, sloppy. Now it's now all of a sudden like, like at this low, somebody put in the bottom and it's just tight and it's respectful and then it pops up and now it's forming these tight consolidations and it's moving very cleanly. Like there's no. There's not a lot of frustration anywhere in. In these legs. In these two legs, there's no frustration. It's very clean. So if it goes again, I could probably expect it to be clean. So this isn't first flag per se. I mean, it kind of actually is. I mean, this one's first flag really. But like, it's first flag out of this main range. Yeah. So like Neo. Neo looks pretty good. I don't know what the. This. This feels like a scam. Stock. Labu. My baby. Okay, so Tammy is a first flag. So if you look at like the majority of the price action, the majority of the transactions have happened underneath this line. So like below this line is like the range and above it is sort of out of the range. I mean, you could say that, like, you know, technically the range is 9,145 to 3,136. But I mean, there's like layers and levels. So like, if we look at this main band of where all the action happened above, that would be this first flag. And it looks great. It looks good. I like this first flag. I have a little. Like I was saying earlier, I got some shares, I would buy more. I would like a couple more days sideways. But if it just like decided to move on, on some news or whatever, like, like we're there. Like we're there. It's holding this left side peak. So really the final boss now is, you know, 91.45. But it looks good. Just got the MACD cross, like MACD downtrend break. So we got the up, down, up. So like when the macd, like downtrend breaks, you get your first up arrow, then your down arrow, then your second up arrow coupled with a price, like a flag or whatever, like for me is something that I discovered as just being like it makes the pattern stronger. It adds to the story of cleanliness where we have like this very clean. Like the MACD has been cleaner than the price chart the whole time. And the volume chart is actually kind of the ugliest. But you still have this overall trend of declining volume. So you have like this overall trend of declining and consolidating price. So, like it's there. But this MACD was super, super clean. And so you got this breakout, the macd and then it coincides with this breakout of volume. Yeah. And then it's breakout of price. Okay. And then sustained volume right outside of the majority. So the low, like all of this, the majority of the transactions have occurred. So this is first flag. It's the first flag outside of where the majority of the transactions have occurred in the relevant past that might be a bit of a mind fuck. And I've never really like. I've never really like learned that from anybody. No one's ever told me that. I've never really like observed that on YouTube or whatever. I just look at charts and this is just what I see. This is just what I see. And it works. So this flag is actionable for sure. Now it's just getting situated in it properly. Whenever I think of this stock, I just think it's like I'm. It's Nancy Pelosi, you know, I'm just buying her stock cvna. I just, it's just a stock that I'm never going to trade long. It's just, it's up 12, 000 in a year or just. I'm just never gonna trade it, no matter how good it looks. Okay, this was. Now this was a really nice like. Like this is just, it's just so clear, like clear change of character. Look at these super clean, super clean breakout moves on earnings. Breakout candles didn't give like a really like nice continuation flag or anything, but still that's what we want. First flags are. They're really easy to identify and they're like really reliable because it nips in the bud like the key principles, like within the setup itself, it embodies the key principles of momentum swing trading. By definition, first flags do not appear without momentum. So like if you find like right here, hinge is the first flag. Well, actually, I don't know, like you could possibly say this is probably bad example. This is, this is the first flag, whatever the. This is. So these big like two days. Okay, so it's proven that in two days and go 64% momentum. Now it's tight, linear. I don't know what they do. I don't anything about them. They're really thin. But like it's setting up like this is setting up. Like here. So eth breaks out as consolidation. Here's first flag. And then it gives, you know, 50 in a couple days. Actually, this was probably the first flag. But like, as you can see, there's not a. Whoa. I don't know what this is. I might like volume profile aside, whatever this is beautiful. I don't know what it is. Could be a scam stock, whatever. Just from a chart, pattern, perspective, this right here is, is super, super fire. Like I'm not going to look under the hood. I'm just going to take it for what it is here, just as an example, but you have this really linear downtrend. Okay? Look at the macd. So the MACD literally mirrors it. Okay. Very linear downtrend. And then look at this cross. Okay. Oops, I just deleted it. Look at this cross. Look at the move up. Look how clean that is. 80% in seven trading days. And now look at this flag. Like, it's perfect. I don't know what it is, but this is. This is literally perfect. Like, if there's nothing if, like if this stock isn't like, you know, like I even look at the history of it. It doesn't really have. Like, this is some. But this was on earnings, so something happened on earnings here. It had a bottom pin that was like, you know, the bottom. Right. And it's been pretty respectful ever since. Like, this is a great SAE. It's a little slow 5.5 APTR. That's just because it's, you know, really consolidating tightly. But when it breaks out, this thing can go 88 days clean. No headache. Sign me up. Sign me up. This looks great. I don't even know what this is. Now that looks like it's super, super thin. But. But the daily looks really great. Like if you're trading like a super small account, like, this is fine like all day long because you don't even need to, like, you literally don't even need to look at a lower time frame. Like, fuck a lower time frame. Like, buy it on the daily. But just buy it on the daily. Just buy it over whatever and just, just buy it. It's up a ton, though. Like, it is up a lot. It's up 1200%, so that kind of sucks. But still though, I mean, it's. It's pretty. This was another 1st. Okay. God, there's just so much opportunity in small account land. So much opportunity. They're every. Setups are everywhere every day. See, what is this stock doing? It's doing. Oh, it's a triple O. See, I know this is a Tesla leverage product, but it's going through that period of like nothingness. Just like super tight consolidation. As soon as it busts out of this and gives first lag, it's. It's go time. Wow. I don't even know what scan we're on, but it's got a ton of names. Hymc. Here's first lag. What is this? Xnet. Look at that move. Damn. Damn. Momentum. 82 in five days. I don't know what it is. I don't care. You guys can figure it out. I'm just here to talk about chart patterns. Big move up, pullback, undercut, reclaim, surf higher, lows get tight. Like, this is a small account edge chart all day long. Could be a scam stock, but patterns there. Walk away. All I had to do was ask for space, Victoria's Secret show and some momentum here. I mean, I'm not really interested in it, but a little bit, a little momo amsc. I don't know. It's lost all of its mojo. So, like, INTC is. It's not the cleanest first flag ever, but it kind of is just because it's happened post Catalyst where the US Government has announced that it's going to essentially partner or nationalize them or whatever, maybe. So it ramped up. They gave that first leg up, and then now it's kind of producing this first flag. So INTC is. Is sort of that my chart frozen? I see aqst. Is it still. Is it still frozen? Okay. Like, if you just focus on stocks that are outside of ranges that are building, like, first flags, like, you'll do so much better. You'll do so much better because you force yourself to observe. You force yourself to identify momentum. And like, if you are a swing trader and you're not trading momentum, are you a swing trader? Like, what are you actually? I don't. I don't even know. So, like, by definition, like, well, you're supposed to be trading momentum, right? And so, like, every setup that we identify should have, like, verifiable recent momentum. Am I right? Fubo. See, like, Fubo's perking, okay? Like, it's perking up. It's a super long nothingness sort of period. But, like, I see people talk about it all the time, like, yeah, okay, cool. It's holding up. Like, it's making higher lows. Like, that's great. But, like, it's not doing anything. Like, it's not doing anything. Like, I see it on social media all the time. It's not doing anything. So, like, once it does something, remind me and we'll take a look, but your scan should pick that up. And so that's why we scan daily, because things can change really, really quickly. Where, you know, any one of these stocks could all of a sudden, you know, be giving us a setup that's. That's actionable, That has momentum. That's the key. That's the key. If you hear music in the background, it's not mine, I swear. God, there's so Many charts in this list. All right. I'm not going through anymore. I don't really need to see anymore. We're getting at the bottom of it. If you guys want me to look at stocks, holler, just start listing them out. I got some time. Ldi. Okay. It's kind of like a. Got some volume. Where you buy it? Where do we buy it? Where do we buy it? I like that it, you know, kind of wicked off of this left side peak. Can I get an hourly chart? God damn. You. Have to keep fulfilling. I think it has potential. I'd like to. I'd like to see like, look, I want to see undeniable clean setups. If it's like a shori, then it needs to give me an undeniable clean hourly or an undeniably clean 30 minute chart, whatever it may be. Like, I don't really see that here. And that doesn't mean that it won't happen happen. It just hasn't happened. So like, yes, there's this level here. All right, let's see. Let's look at this thing again. Okay, so like where did it, where did it find support? So like kind of like here in this bin. Okay, so like it found support there. Not super clean support, but it's there. So like three. So like if it put in another tight day, that would be sick. That would be. That'd make it look a lot better. But if it like gapped up tomorrow over then. Yeah, like, like that would be a really nice shore, I guess. I don't know. It looks good. It would be on my knees and recycles bit little a list. All right. Aehr. You know, I saw it the other day and it looked really good. I don't know what. Yeah. Yeah, that looks delicious. Yeah, that looks really, really good. Now like some issues with it would just be. There's not like super clean price history at all. Like, I don't really see clean prices. This flag looks good. Like this day isn't very tight. I'd like, you know, a couple more tight days. But it doesn't really have any history of making clean, clean moves. Like what? Two days. Chop, chop, chop, chop, chop forever. One day. Chop, chop, chop, chop, chop. Two days. Chop, chop, chop, chop, chop. Like, I don't know, it looks good. Maybe this was a big change of character. Like if there's some news associated with this, you might be able to look into and, and gain some more insight. But like, it's just chop. It's just chop. It's just chop. Like unless you have some like investment thesis or. Unless this is truly a change of character, I'm not interested in it. Aqst this. This is a. This is a much cleaner shoryukin. Much cleaner. And the reason why is because the price yesterday's close. So today's close basically rejected the high level or the high volume close which is a super even number five which I really really like. So the. Well actually it's a little higher high volume close. 510 close on. So we'll move that back to 510. Nice. Okay. Yeah. And so all right. So 94 high volume breakout day. So so linear downtrend. Okay. Breakout on. Presumably some news. Really high volume. Nice continuation where day two's low was the previous day's high. So it respected previous high of day which is great. And then you kind of have this engulfing candle. It finds support on the rising five with a beautiful wick. The open was right on the 5. It sold off. It reclaimed the 5 which is great. That means it undercut and rallied back through the of five. You have this really, really, really tight candle today on declining volume. And then now you have this super clean level of 5. Like this is a. This is a great, great Shoryukan setup for a small account. Now I don't know what the intraday price action looks like. I'm not even going to get into that. But. But it looks good. It looked good to me. So where would I buy it like if I really wanted to own it through five. So over over previous Haida. Let me know if you buy it though. I'm curious to see where it ends up. CRML Caramel. Trash. And the reason why it's trash is because it's not linear. It's chop. It. It's. It is linear. I mean there's linearity to it. It's got a trend. But it's just super choppy. It's just super choppy. It doesn't like ride moving averages. Respectfully. It's got these big ass range days that like are just out of order now. Like don't get me wrong, like this is a hell of a move. But it's just. It's just gonna be an agony ies. I don't know. It's not really a trading stock. Yeah. It's not really training sites. I like this like forever trender sort of thing. Slow unless you got a big account. It's not that. It's not that liquid. It's pretty thin MacD. You have this big bear divergence so like prices trending up, wedging up, macd down. Momentum's kind of dwindling. Kind of got this really mixed up volume profile. Like there's not really like a lot of like oomph to it. It's not gonna move the needle. Snow. See snow is just another one where it's like it's not like a trading stock. Like yeah, like I don't know what the. This is mdb. MDB is like this is just a up range. Like this is just like nothingness. I like, I like the EP potential move here recently. Really big volume. But like I mean I don't know like this isn't like a trading stock. This isn't a momentum stock. This isn't like something that you would ever catch me trying to trade. The movement account. Okay. Octo. I mean guys like octo went up 2000%. Just like kinda. Yeah, I mean it kinda is. I mean who knows where's it gonna gonna. Just gonna take over to. I mean. Yeah it is and it's clean. God damn. I mean respectfully, it qualifies. It all depends what's going on tomorrow too. Like I don't know. I. I wouldn't be too interested in it maybe for like a scalp. Like an opening range scalp or something where you're like trailing like the 510 or. I don't know. I really don't know. But yeah, I mean it kind of kind of qualifies. It's very far away from the five day sma. Like so it didn't really ever touch it. But yeah, it's kind of. Yo if you don't capitalize the ticker symbols they. They don't exist. Sup X? Damn. This is a hell of a move. Feels like one of the scam stocks. I don't know. I mean it's like it's a flag. It's a flag. I personally wouldn't trade it. I don't. Without knowing anything about it. Super X AI. I don't know. I mean it's just such a big move. It's kind of. Kind of random. I don't know. There's not a lot of volume. It's thin but good. Take a shot. I suppose like it's. It's just. I don't know. It's just way the up there it makes nice moves. Like here this is 155 days. I mean this is small account edge land. I would just like for it to go sideways and get. Get tight. But like I don't like these big you candles in the middle of the range where it's just like random down 40 days. Like that's brutal. Vsme. I mean, yeah, it's. This would be like the first leg up 100 in a few days. I mean, big move up pullback. It's starting to flag. Like again, I don't know anything about it. Like the intraday action just looks like it's untradable. Like, yeah, small account edges is real. There's a lot of setups. You know, like if you just traded the double and triple leverage ETFs, you'd be perfectly fine and you wouldn't have to worry about the scamminess with, with some of these names now there's just so many options and there's just so many names with high liquidity that make ridiculous moves that like I don't even think you need. You need this. Like if you were to just look at, like if you were to just go back through every single day, every single trading day in the last year and identified all of the true key A plus setups such as like A plus setups and very high like momentum liquid leaders. Like open. Right. And if you were to even catch, if you were to just purely focus on these and if you were to catch even 10 of them, you're like, well, I think you probably have to catch more than that. Maybe like 20 of them. Like your account is just, it'll just explode. So it's like, like just, I don't know my, my kind of philosophy on the small account edge, especially with the triple and double leveraged and then just the plethora of just these crazy momentum super high volume stocks of late. Like it's like you don't, you don't need to trade those super, super, super crazy thin ones. So far it looks good. I own it from way, way down here. It looks really good though. So like, so what is it? SOF X. Okay. 10 ADR. Okay. And it's like a legit company. Like this is what I would be focused on a small account. I'd be focused on this type of this right here. It's not pltz. What's the pitr? Right her. What is it? What's the triple? What's the leveraged Palantir. Doesn't matter. Yeah, like, I mean this looks great. It's just like I don't even know how you trade this. You'd have to trade it on the daily. You have to take small size it. I have no idea what theme it's in. I have no idea. You know, I have no idea. I'd much rather see somebody focus on like TSLL when it perks up and gives a first flag. Like right here it broke this downtrend range, it gave this first flag sort of thing and then it gave a 50 move in five days in a, you know a mag. Magnificent Seven equivalent stock. Like like if you would have caught this TSL move it's 102 weeks. So I, I have been thinking about it a lot recently and I. I don't know, like I think that there's just so much opportunity in like the 50 million dollar volume range and up that like even if your account was like a couple thousand whatever, like super tiny, like you can just trade those because there's enough opportunity. Like the small account edge is still so vast even at 50 million dollar volume plus that like you don't ever even need to around with like all the below it because like the 30 million dollar names that are gonna like make meaningful moves they will just turn into 50 and 100 and 200 million dollars right. Like if you look at Palantir in its infancy like it had tiny, tiny days. Tiny days like volume wise. So like let the stocks prove themselves too. And you know this is probably something that I will probably. This is probably like a new train of thought, you know just for small accounts and how to grow them quickly. Like if you look at the small account edge, right and like all the stocks that I've traded there that have like moved it and you know SAE 1 or 2, you know the first one was the most successful and you know running it to 4 million I was trading like that was when Monkeypox was going around and it was like one of the like gov X was like one of the first ones and gov X comes out of nowhere and it has like no volume but it has this big catalyst which is they got drugs to treat monkeypox. And I just caught this right here. I caught like this move or something with like a 30 EMA magic sort of deal. I don't know, it must have been like an hourly or something. But at the time it was trading just an insane amount of volume. And then I remember, I think the next one or maybe the one before was C I N E. I don't even know if they're around. Somebody else probably remembers better than me. I think I thought that was it. I don't know. Anyways it gapped like 100 and that took the account first. First trade was ts tsll. Then I think it was c I n e and then it was govx but anyways what I'm trying to illustrate though is actually I have a screenshot of all the trades in I think the Bragg's channel so you can check it out But I think the point is though none of them were like like dinky thin little stocks all of them were thick as a brick with a ton of movement, a ton of momentum behind them and like real time you know in front of everybody who was watching I just traded those stocks and I was able to grow the account really fast and not once ever did I trade one like where the hell was it One that like ash and said regard I mean it's a really nice looking chart Xnet like this looks really great but it has no volume it's not like relevant but it made a great move like like holy like if you caught this like you're printing But I'd be very curious to see if you just focused on the names like this one right here this one also can make really really big moves really fast but guess what it's got a hundred $200 million of dollar volume behind it Right but it still is fast. It's still fast I mean still moving at like 7 APTR so yeah anyways those are just some thoughts that I've had and it just makes sense to me it just makes sense to me. Did you Dan another huge winner you had was the Art RGTI flag I actually I don't think I never caught quantum long I shorted RGTI this year I shorted it here and I actually got lucky and caught the gap down but I never, I never caught it long I. I did long QB this one was annoying as because I just. I had it so perfectly they dropped an offering one of these days and I had I think a million shares something like that and I just got shook out in these two days. Yeah yeah that would have been a really really big winner. Yeah I don't think I don't remember I know I missed qbts which it was on this day that one kind of haunts me because I bought it I started buying it in a pre market and it just washed out but then it wicked perfectly off the five days man I just didn't rebuy it and then of course it just goes vertical 150 but like these are the stocks you should focus on stocks that go straight the up like I want stocks that go up fast like that's how you grow an account fast if you are trading stocks that do not go up fast. You will never grow an account fast. And like it shouldn't be about speed. Like overall, like it should be about your opportunity cost. If you, if you. I'm trying to think of a good example, like a good analogy. Oh yeah. If you have the ability to mine gold and you can mine as much as you want out of this mine and, and you know, keep 50% of whatever you mine and it's yours. And then you can choose from either two different tool sets. One you can choose from a pick and a wheelbarrow. Or like another you can like have like a backhoe and like an auto sifter and like whatever. Like obviously you're going to use the more sophisticated equipment that you can filter more earth with, right? You can move faster with like you have a higher ROI relative to time opportunity cost. Like for every action you take just clicking a mouse, you make more money, right? So like that's why I just do not for the fucking life of me understand why people trade stocks that don't fit the liquidity of their account. Like why the fuck are tiny accounts trading super, super slow stock? It just doesn't make any sense to me at all. The only reason like large accounts trade slow stocks is because they can't trade faster stocks. Because liquidity, that's just it, they just can't. This was actually a great one because it gave a really nice first flag too. So you could. I had a second shot and it gave 50% in like six days. What up SR71? Yeah, I mean, yes, I golden nugget. But like this is nothing new. I say this all the time. I'm like a broken record. Like it's just non stop. Like I always say this, nothing has changed. There's just no reason to subject yourself to slow stocks. I don't care how pretty the pattern is. I don't give a. Like unless you just like, I guess can't handle it or something. But like it's the same thing. It's the same thing. Like you know, buying a, buying a breakout in qbts versus Microsoft. It's the same except one just pays you a lot faster. Yeah, I just don't, I just don't know why. I mean people do a lot of things without any rhyme or reason. And I think that's, you know, another issue where people just don't critically think about like the ingredients in their recipe. Right? Like they just don't think about the tools in their toolbox. Where it's like, you know, your toolbox would be a Lot lighter. You wouldn't have to carry such a heavy toolbox from job site to job site if you just refine the tools that were in it for the jobs that you do. Right? So like if you're never going to use a mallet, why is it in your toolbox? Yeah, you're right. You never know. Like, if you, like. I just don't, I just don't understand it. And that's fine. You know, I may think differently than others, but I don't understand it. After I've had these sort of rants, I still see it because I'm like, hold on. What I'm saying to me at least is very logical. Why, why don't, why don't people like just kind of embrace it? Because, you know, you literally do less and you should make more. And then, you know, you just kind of scale your account or you scale your, the dollar volume in your scans with the size of your account because you don't want to be moving stocks with your buys, right? But if you're not going to move a stock with your buy at all, trade the fastest you can find. Now, with a caveat, you know what I was Talking about like 10 minutes earlier, I think that again, we don't need to trade the. Like I, I don't think there's any reason for any sized account to trade anything under 30 million. Like dolly volume. Like I'll just say right now, like I, I just, I think that the minimum cutoff could be that. No, now like sofx. So that's like the sofi. Sofx. Okay, two XL. Okay. It's under 20. Right. But like, like all these stocks. Oh wait, yeah, you can't get margin. Okay. Yeah, so you can't get margin under what, 25,000. Like I was. If you're just over 25, 000 and you have margin, just buy 2x sofa. Like just buy 2x so far, but still. Yeah. I mean there's so many of these triple leverage, double leverage ETFs now that like you just don't really need to trade these random ass pumps. Just don't. Anybody else have any other questions, thoughts, comments, considerations, anything they want to talk about? Any, any things that they would like me to touch on could be trading related. It could be other. It could be the way I think about things. Could be my favorite type of flower, my favorite color. I don't care. All right, our art. Art. So our art. Look at this volume. Huge. Okay, that's like game changing volume. After this big long Period of sideways. So there's been enough time for people to consolidate or to. For it to consolidate and people to accumulate pops up like, give us a setup. Give us a flag. Give us something nice here. Probably everybody thought that this was really nice, but then it just broke down. But like, give us something. It'll give us something. You just got to wait for it. You just got to wait for that kind of first flaggy, first pivot sort of setup. Do I think wrap is a sh. No. When do I trim something like baba? Never. I'm not going to trim this. I'm not trimming it. I. I'm in a different position though. I'm not trimming it. But if you. It all depends on where you bought it. So if you would have bought the earnings move up this gap up. So if you would have gotten like a low average here, like let's say 128ish, you would have sold day three, you know, day five, something like that. If you would have bought like this sort of pivoty shorty, you would have bought. You would have sold some today as it ran into the left side peak. That would have been a perfect place to sell it. Yeah, I bought it over left side peak. So 211. So I bought it. So it was over yesterday's high over this line. So I bought it like right here. Just hey, Corgi, just go to the Shukin Channel and find me another one that looks like it. And that. That should kind of resolve your confusion. Yeah, AMD is a classic unr. So I've been watching this one forever. And I just bought it back through this like gap level. That's a really simple kind of over this high. I might get stopped out, I don't know. But the idea was just back through this gap level. It's not super, super clean level, but everything is moving. And I got lucky with Oracle, so I bought that one Riot. It's just like this flag. So gapping up. I bought it through this line. Pretty simple put. Same thing. I just bought it through like this downtrend kind of line thingy. I just bought them all at the same time and I didn't really have to think about it too much because of nbis, because of Wolf, because of Iren. I knew they're all gonna go. And the thing is, the reason why I spread out so much is because I know that every one of them logically are having interviews right now, partnership conversations. So I would be very surprised if, you know, come, you know, this time next year especially that they all don't have some meaningful partnerships. So, yeah, A lab was an incredible flag. Really, really, really nice. Like five star. I mean, it's. It's basically perfect. Yeah, this is per. It was perfect. Yes, yes, yes, yes. Wizard. That is something that I personally always, always like look for. And sometimes I'll say tight chart, but really, I mean, tight previous day. Like, for me, that is. That's an important but. Yeah. So like, if we were to go through all of these charts that I have up here, they all have a tight day. Like, that's an inside day on ampx. Look. Powell tight. Very tight previous day. Neo's a little spready, but tem tight. Like the body of the day is very tight solt. The body of the day is really tight. A wick off of like, I look at wicks as like, like repellent. Like it's like it just doesn't want to go down. So. But the very tight body ao very tight body. So, yeah, I do. Ideally, what percent do you want to be invested? To me, that is determined by the opportunity set. So within your. Within your system, you should have a defined criteria for entering stocks. And that defined criteria will produce actionable stocks over time. And the number of actionable stocks over time is equal to your criteria set. So if there is one setup that breaks out and meets all of your criteria for execution, that is a one in terms of opportunity set. So if you miss that single stock, then you basically have an O for one record. And if you're using an average position size of 15%, you have, you know, a potential of, you know, getting 15% allocated. So me, I will get like, personally, I'll go. I'll get full leveraged if I can, you know, so like, you know, 150. If I'm taking 50 positions, 150 would be 10 positions. But by the time you get to 10, you've already sold half and several others. So you're constantly rolling and compounding that capital forward. That's why it's so important to sell on day three or five. That's why it's so important to sell on day three or five. Especially when your opportunity set is large. As your account gets bigger, your opportunity set gets smaller. Therefore your hold horizon needs to be longer. You have to juice the moves longer. So like early on in a career, you may have, you know, a thousand percent year. You know, where you may go from 25,000 to whatever that equals. But then as your account gets larger and larger and larger and larger, you know, you're very, very happy with just, you know, beating the S P like funds, right? Like Warren 20% or whatever it may be because it's just so hard to get those returns on that sheer amount of capital. I don't know what our earnings drift. I'm not sure what that is. Like delayed earnings, like where it kind of like pops up and then like builds a flag. Bloody lucky if you're not up much on day three to five but not stopped out yet. Do you still sell half to get some capital for new setups? That really. That really depends on things like if. If the integrity of the setup is there and it's just not moving that well, but you're still up and you're. You have plenty of like, you know, buying power to like enter new stocks. Then I just leave it. You know, I just leave it. Like if you're at no like offering risk or like, you know, if it's just kind of delayed a little bit, kind of ramping, but you bought it cleanly, like, I just. I just leave it. There's. There'd be no reason to sell it unless you actually need that capital to put it elsewhere. If you can put the capital to work in a better place, then yeah, you know, you should. You should swap that out. But if that's not the case, I wouldn't. Would you count something like ONS closing under the 10 SMA, even though it's just a couple of cents. Let's see. It depends on where you bought it. Depends on where you bought it. And it didn't really close. Weak. I would say that this is a. This is a relatively strong close where it held the 10 and reclaimed it. And it also depends on how many shares you have. Depends on if you've made any trims, but I don't know. Like, let's just say you bought it. Let's just say you bought this, like, little downtrend thing and it pops. You should have sold like, I don't even know. Kind of a tough situation, to be honest. I don't know. Follow your system. It is really, really close. I like that it gapped down. So there wasn't much you could do there if you were still in it. And it gapped down and you just kind of woke up and you're there and now you're already under the 10 and then it perks and reclaims it. I'd probably just leave. All depends on what this news was that was an offering or something. I don't know. I don't know. I Don't know. I don't know. It's a hard one. It was an offering. Well, it ate it up pretty well. I mean it held it pretty, pretty well. Yeah. It didn't. The bed, like, I like that, you know, when there's an offering and like the stock doesn't the bed. That's a pretty like strong sign. I mean look at the volume today. Like they held that up so. And I know that's hard to like bake into a system and it kind of takes some experience, but it's a tough, it's a tough one and it's a good question and it's a hard one to answer for me like there you just kind of have to make a. A judgment call. And if you didn't really have a lot of shares, you still have all this after hours, you know, to like hang out in and kind of look at. So like it did reclaim in after hours and it actually reclaimed previous load day. So it's chilling. All right, does anybody have any more like, like, like really good questions games or any like do you use the. No, No, I don't use the 50 MA extension rule. I'm cognizant of it. But there's just so many instances, especially in high momentum setups where you would just miss insane moves. Like you just miss insane moves if you, if you abide by that like serve, you know, serve is one of the best Shoryukens like ever. Let's see. Let's find it right here. It was super duper extended, but then it went to make another 15050 move in four days. And like by like definition, sure you can are extended. So like they're some of the highest ROI opportunity cost aware setups, like small accounts should be definitely taking advantage of those. All of them should be. I mean like if I had a serve right now, I would be paying attention to it. It would come up on my scans because this is just insane volume. And it held, it held, it held the volume. This was the lowest volume day and it was still, you know, 200 million dollar volume. Wendy, you hold a shori verse 30 ema magic. When do you hold a Shori? You don't. You don't. Sleepy September canceled. Yeah, I think Tesla I'm still hunting for that. Look Ampx Park a Layton. This one looks good. This one looks good. Yeah, this one's good. This is the best chart. This is the best chart. And it's not crazy thin. This one looks great. What do they do again? Are they the drones are they drones or something? You said they're drones, right? Somebody said they were drones. Yeah. This, I mean, this is just like it. Everything that I rant about, it's there. So like this big kind of sleepy period where everybody gets faked out and a ton of shares get accused, accumulated for like a year. Perks up first Flag. Huge move. Proves that it's. It can do what we want. Now it's consolidating. Building is like, you know, it's really clean. It's really clean. A really nice tight day. Look at the moving averages. Look how tight they are. They're all in order. Yeah. Nice little hourly flag. It looks pretty good. Lithium ion batteries. Okay. Batteries. You know, I like Solana. This is just such a sick base. 50 in four days off 200 million dollar volume. Nearly. I'm there. Go. Just a matter of time if it shits the bed. Fine, fine. I'll wait. I'll wait. So. Okay, so out of our quest to find first flags, tem is legit. So I know that there's a. What is it? 10x? Is it temps and his temps. That's awesome. Look at this. It's 13 ADR. Like, look at this. This looks great. This looks great. Buy. Buy this. If it breaks out. Not financial advice. Buy this. Not financial advice. What was the other one? This one? Ptnm. Okay. Yeah, the scam stock. Yeah, this one might. This one might. Might just go. Go to 400 or something stupid. I'm gonna set a bunch of alerts. That would be wild if I. If I caught one of these with a small account. Just what I need. All right, cool. All right, guys. Well, thanks for hanging out. You just trail the trail. The moving average, just trail. So you trim. So this is the way it works. This is how you compound an account. You buy a stock, it moves up, you sell half, you get dry powder and then you roll that into the next position so your position size just keeps increasing. And then you trail the moving average with the remainder. And the reason why you sell half. Exactly. And this is like the one thing that I got from Markham interveney is that if you sell more than half, you'll be regretful. You'll say, hey, I sold too much. If you sell less than half and the thing goes against you, you'd be like, I should have sold more. So selling half is. Is the way. And that actually really resonated with me. It made a lot of sense. It's like the. The best thing that dude's ever said. All right, peace out, guys. Until next. Time.
