Chart Talk Ep 8 | Don't Trade Sloppy Charts

This content was created by Alec Riffle. This content was uploaded by Alec Riffle. This is a YouTube video titled "Chart Talk Ep 8 | Don't Trade Sloppy Charts" created on June 19, 2025, discussing trading strategies and the importance of avoiding trading on unclear or poorly defined charts.
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I want to say all accounts, but with the small account and I'm not adding any more shares. I like watching it, but honestly, like, the intent of the needs more sideways list is to contain names that are actionable that are not yet actionable and need more sideways. Okay. I'm removing you because I see you everywhere else as you're a piece of bro. You suck. Galaxy Gas Specialator said that he hates anybody who even mentions this ticker. It looks like it made an insane move though. Like an insanely sloppy move. Like what a horrible move. How do you even stay in this pure chaos? Just how we like them. No linearity anywhere right here. Actually, this is the. The best run it's had and it moved 70% 11 days. As soon as you got past, past that 16th day, it just kind of turned into sloppy topping. Specialator says everybody, it's no good, guys, just trust me on this. That means that he's probably lost some money on this stock. I've never traded it. I never knew that it existed. Treats 100 million dollar volume. The only reason it's actually on my needs more sideways list is because I wanted to dig into this circle, circle jerk of a stock that's just flying. 12 billion dollar volume today. It's unbelievable. Stable coins. There's so much hocus pocus coming out, it's. It's absurd. I haven't dug too much into it, but I wanted to see if there were any other companies similar. And Galaxy Digital AKA Galaxy Gas kind of kind of popped up. It's. It's just like Coinbase, just a shittier version. Like Coinbase is already like extremely shitty. I think Galaxy is like, takes it to a whole nother level of shit. Yeah. Anyways, I do not care about this stock. Peace Pony. Don't care about you either. Anon fad stock. I shorted it here kind of as like a joke, but I didn't really hold it, but good short, bro. All right, get off my list. Apps. This one stole quite a bit of money today. I don't know. It'll pop back up. Let's see it flag. I don't even want to look at it. Joby Jobby. Joby. Joby the house elf. Chaos. Pure chaos. Shit stock. Get off my list. Okay, mbts though. Nbts. I mean, you need more sideways, but you're holding up. You're holding up. Your MACD doesn't like you very much, but see how this thing looks on the higher time frame? Yeah, I don't know. It needs. It needs a Lot more sideways. Not just a little more sideways. A lot more sideways. So I don't even want it on my list. Mstuho. Let's look at mstr. MSTR in the. We in the. In the late, late hours of a regular session today was struggling around the 5 or the 50 day SMA. So I mean, it held the 50 day all day and closed above. It just got a daily MACD cross down. It's holding the 50. Sa. This is like really tight. Like, it's almost like lockout rally type, which is cool. Like, that's the perfect trend you want to be in. I hear a lot of like, him and Han amongst the populace regarding, you know, MSTR and how it's like disconnected from bitcoin, bro. It's always disconnected from bitcoin. Like, like, it's not like mirroring identically, but like, I mean, look at the charts. I mean, they're the same, like the same shape. Like, let's remove this donker bar. That is just sailor in the bed. Okay, now let's remove this, like, blow off top. All right, this is. All right, this is what I'm gonna do. I'm just gonna remove all the bars until they look the same, and then my point will be proven and immortalized forever in the stream. Remove it. All right. Okay. They don't look the same. They're not doing the same thing as they are. They're the same. If you get rid of those, like two outlier tail event candles, they're the same charts. MSTR is lagging Bitcoin. No, the. It's not. Look at them. They're the same. Okay, I don't. I don't want to hear. I didn't even bother to look at it. And like, actually compare. Like, I see people squealing about it. I don't even know who's going about it. I just see people like, I'm shortening MSTR and whatever. They're the same chart. Okay. Like when bitcoin went up, MSTR went up. In fact, MSTR is stronger. It's double bottom wasn't a lower low like bitcoin, so it actually put in a bottom cleaner than bitcoin. Now, granted, these are the futures future chart, so it probably looks a little different, but still, nonetheless, they're the fucking same chart. So if bitcoin's gonna go higher, which it looks good. MSTR's, you know, still on the menu. Absolutely. Positively. It has a history of making really big moves fast and that are clean that you can rely on last Last year alone, last 12 months alone, it gave one. Two donker moves. Obviously one first one is better than the second, but when it starts trending, it, it trends pretty well. And it's just building this really nice, big range on a really great big range. Beautiful range. Now price action has been a little, you know, lackluster the past couple of days. It just got looks like a weekly, weekly cross doesn't really matter though. The weekly bar is not closed when we're looking at weekly MACD crosses. It does not matter until like the, the up arrow, down arrow doesn't matter until the bar closes. So like, if you're looking for a weekly MACD cross, the bar has to close. Then you take an actionable setup through the closed bar. That actually should be like, that's how it goes for any macd up or down arrow signal. You have to wait for the bar to close. I don't know. So, all right, this is what I think about. Okay. When I go up on tangents, start looking at things, I just always go back to the first principle, which is big move up, pullback, undercut, reclaim, serve, yada, yada, blah dada, right? So, okay, big move up, pullback, undercut, found support on the 50 and it's put in two surf days on the 50 so far. Now the 510 and 30 down. We've just got a daily MACD cross down, but everything else is trending up. I mean, it's just indicative that needs some sideways. It's just going to chop around a bit. What you don't want to see is the 10 and the 5 or the 10, 20 and 5 are below the 30, which is also indicative that we need more sideways. So you want to get, we want to get those sub 50 SMAs tighter and then in order. So, I mean, I don't know, another week or so, couple weeks sideways, this thing could look pretty good. But I. You don't want to get caught in the chop. Where's the clear, clear level? I mean, clear level would be slightly over 400. Ideally, you know, we're up here somewhere. Where is that? Like 425, 425, something like that. Or you can use this high, high volume weekly close Just like 420. Perfect. Yeah. Stream freezing on your end? No. Is it frozen? Okay. All right, cool. MSTR legitimately needs more sideways. And it's legitimately, legitimately, potentially actionable. Just needs more sideways. This is like the perfect needs more sideways stock. You're staying on there. Why, why did I jump to MSTR again, I don't remember. Where were we? Oh, mstu. All right, cool. Remove you from this list. All right. Apld. APLD made a really big move up. Real big linear move and then just kind of the bed dtss. There's no real clear range and needs to chop around. It needs a lot more sideways. Like needs more sideways or needs a lot more sideways? If it needs a lot more sideways, I'm just going to remove it. Regatta's still in play. This thing refuses to die. It's building a giant base. This base is very reminiscent of like smci, Nvidia before their big earnings runs. Real tight week. Wicked. Off the weekly 10. Whoops. Yeah, I mean, it's still in play. I mean it needs obviously more sideways. You have kind of like this little cheat. But 12.75 is really, really my line. That's. That's it. That's where I would take it. It's still cheap, still in the range, but it's back into this gap area. So you're back into the gap. You're over the far ipo, left side peak. There's a lot of meat in this line. Yeah, yeah, this is a good one. So you stay on user sideways. Afrm. I own this and a couple of accounts. It's fine. I don't even care about you. I'm gonna remove you. RKL Bizzle and other Chaos stock. I had high hopes for this, but AK or RKL Bizzle fizzled. It's just so choppy. It had a linear move, you know, way back when, but even this down here, I don't know. I mean like it had like three days and then it retraced 70, then three days and flagged then three days. Like it's not good for more than three days. This was nice right here. This was real good. This was. This was perfect. Could have been hard to hold this blow off move, but nonetheless, I mean, you're up 100% and a couple of days and if you had, you know, real cajones and you wanted to hold it, you know, all the way to the five, you know, you get another 10 out of it. See, like it's not even really like worth it because if you were to sell into this kind of blow off move, you captured, you know, if you entered perfectly, you captured about 100. But if you actually held the position and like trailed, you're still like, you're getting like 110, but your money's tied up for another 18 days. Like, nah, bro, I'm good. It's basically behaving like a 280R stock at that point. It's just pure chaos. Chaos. And I. They're not a legitimate contender to replacing the. The dragon whatever SpaceX dragon. And I don't even think that's going to happen. Get off my list ndis. I own you. This is kind of like an undercut and rally. I mean technically it triggered dtss. I mean it's holding up well but I don't know. I got this down day. The macd is all a lot of wag. I. I really like. I think what my average is. I bought it say like here say my average is like yeah, low 40s price up 41 some 41 but it's just not even that pretty. It's just chaos Chaotic as well. Doesn't make linear moves so more than likely it's just gonna. Just gonna stop me out in. In fugly fashion. Cheat Cheat is like a level that makes sense, that's relevant that may connect to you know some relevant high volume daily levels such as like a gap level or how about high volume close weekly open whatever. But it's not like it's not like the number one level right like which is usually like the left side peak for all time highs. It's like the. The strongest rejection point is typically like like the real breakout level. So like you can buy like these kind of like intra range breakout levels. There's these, you know they're like sub levels essentially but you still have like the larger picture level above. So that's why. That's why you call it a cheek. That's a good question. I'm kind. Yeah, they kind of are actually. They kind of are like for the sae. I'm super focused on just a couple of names trying to concentrate hard and. And catch big moves. But yeah like the other accounts are. Are pretty much fully invested right now. Kind of an early entry I guess. Yeah technically it's a. I'll when I see one I'll. I'll let you know. I'll let you know. I want to say that oh core weave was one Cora weave. I don't want to go off on too much attention but I'm pretty sure Coral was one. Yeah. Okay. So this would have been like the cheap. So the real range was 166 right. Like this is the. The top of the. Of the flag 166 roughly. Or you could have bought on 616 as price reclaimed previous day's high reclaimed this big expansion candle that I summoned it's close. It reclaimed the 10 and the 5. So, like, you have all that confluence. That would be like, the cheat, but, like, the real breakout was here, like, 66. So. Yeah, I'm not saying it's wrong at all. You're buying within a range. Like, this was a cheat, and I actually bought this cheat. This one right here. This was six two. Yeah. Yep. But as I see them, I'll point out a couple more. All right, so where were we? I don't like this ltbr. I'm never gonna. I'm never gonna trade this piece of ever. Even though it makes better moves than, like, Joby, it's still just like. No, not. By the way. I'm good. I'm good. Doug, get off my list. Island Q. You are, like, probably my least favorite quantum name. You were linear down here, kind of. It's just chaos. It's like an upward wedging barcode. It's just ugly. I like keeping you on for reference, though, because quantum names are all in play. And, like, the weekly looks good. So like, a cheat here. Oh, kind of an undercut of this peak. Was one kind of retested that. I don't know. All right, I'll leave it crdo. I wish I took this one a couple of days ago, but I didn't. The entry was this HBC, like, 71. And I would have bought it on 612 when it retested the gap level. It's just. Again, I'm just kind of biased against this stock because it has no history of treating traders nicely. All it's done is just abused traders. Its entire history. Just a chaos stock. Say no to chaos stocks are terrible. Like, if your chart looks like this over its entire. This is like the equivalent of, like, you know, that one person is a liar, a cheat, a thief. They'll. Your wife, if you leave them alone with them, they'll say that. They'll. You know, they'll tell you that they got your back when they don't. Like, it's a shitty person. Like, that's the equivalent of this stock. Like, it's just a shitty stock. Yes, it's gone up. You know, if you're an investor and you have some thesis and, like, you know, price action doesn't matter. Okay, great. Good for you. But from a trading perspective, this is not a trading stock. It's a piece of. That's what it is. And it just treats. Treats traders. It's just. It's racist. Actually, it's damn near racist. Up stock. But it did have a really linear move here. And since it kind of proved itself through this move and then through earnings and it held up I could have taken it here in here. So like this I guess would be kind of the cheat in a way where you could have bought. Okay. But then you ran into the real level which is all time highs. I mean that's 311. Look exactly where it it wicked. And it rejected today exactly to a T all time highs. And last time it was here. Look what it did three days later. Squadoosh. It just suplexed. It suplexed all the traders who just gruelingly sat through this earnings scandal. Like imagine buying, buying earnings or holding whatever. And just to sit through this. I mean you wouldn't. Nobody would. Who in their right mind would Just to be treated so wrong. And it's already, it's already so far up lows here. 177 in 60 days. Like good gracious. It's just not right. Shit's wrong. So the only place you could have bought it would been five days ago where that's definitely like a cheat but it is a, it is a decent level. It is like a real. I mean it's a. It's a relevant level. But then you still have like all of this. This overhead to chew through. I like buying stocks when like they are just so far ahead where you're buying like there is nothing there's. It's blue skies like it's blue sky. Like those are like ideal. If I look back at my biggest winners it's always. They're always like the blue sky sort of setups or if there is any overhead. Well it's probably not relevant anymore. It's so, so far back in time, so far back in chart history that it's no longer relevant. Like you know the for example microstrategies left side peak.com parabolic top which surprisingly I want to say it's like 3, 3 30. It might be 3 30. Let me see off the top of my head that line has been relevant which is. It makes no sense to me. It's probably just happenstance. Add it. Add time frame. What am I doing? All right, time interval max day. Pretty sure it was like 3:33. It. It's way back here. Wait, was this it? Oh it tripping. Wait a second. It's not max one death. Bear with me as I'm technically challenged. It was like a long time. Haha. I knew I'd find you. Talk about a move. Jesus Christ. Ah, I was close. Yeah. 3:30. I mean, this was insane. Insanity and linear. I mean, like, nice. Pretty clean, actually. Holy. 1200%. It actually behaves better than it. Than it does now. I mean, this. I don't like this kind of like, grindiness. This is very similar to the. The last run up this move. Holy. This was awesome. I mean, like, you can't really ask for much more than this. I mean, super clean, hardly no shake, no shake and bake. Like, it didn't even come down and touch the 10. It gave you over 100 move in 10 days. Like that's absurd. That is absurd. But let's trace this line all the way back to modern times and I don't know, it's not really relevant through the meat of it. But yeah. Anyways, ignore everything I said over the last 3 minutes and 45 seconds. I bought Sofi today. The only thing that worked. Everything I bought in a small account recently has just not worked. But when I buy like normal size and the other accounts, they things seem to work perfectly well. Okay, Iron crdo. I just ranted about this. I'm gonna give it more sideways though, because it really has made a huge move. I mean, it's kind of following in the footsteps of Hood and Palantir and it's, you know, on the higher time frames. It's not like, ridiculously out there, but no, I don't trust it. Once a thief, always a thief. You heard? All right, I'm gonna remove it. You. You'll come back up on my scans later. I need to thin there. Thin the herd here. Cubit. I bought it three days ago. Yeah, whatever oklo you're holding up. See, this is. This is a chaos stock, but it's like control chaos. It's like. Like chaos is like a spectrum. It's not. It's not like, you know, like super duper chaotic. I mean, it's up there. I would say that it's. Its colleagues are more chaotic. I would say, like smr. Actually, this has been cleaned in. So as like, as stocks. Okay? Nd is soup. This is like chaos to the max. But man, I remember this move. This was a. This was insane. I think Louie caught this. This is what I'm talking about. Like, this is what I want. Like 300. Give me a 370 move in 10 days. Like, yes, please. Like, that's. That's what I'm after. Yeah, that's pure chaos. So if I bought you today, this one trended really nice back here. It's been real choppy and shaky though. Like, I'm Pretty sure I bought it. Bought it a couple of times in here. I think I bought it on this day, most recently June 5th. It's treated me wrong, but finally, it's. Finally buyers just really took over and pushed it over the. Over this line. Smr and oklah or blue skies are your thoughts on. Yeah, no, I like it. That's what's up. That's what we want. All right. I don't need so far on the list because I own it. Be gone. Whoops. Reddit. I bought Reddit yesterday and I held it. I held. See, that's the thing. Like, if I buy like, you know, a 10 or a sub 10 position, like I. I'll literally just hold that like it. It has to stop me out load that. And it, it really didn't. I guess technically it did here, but I wasn't even awake or maybe, I don't know. Oh, I was using previous low of day. That's this red line. And it. It bounced off at once. Bounced off it twice. Sealed. Okay, this is actually a great example. This is a great example of when not to use low of day as your stop. If you're sized correctly, of course. So like, if you don't have previous low of day on your chart, you wouldn't see this unless you were maybe more banded. And you could see yesterday's intraday price action. Or if you're just getting the habit of drawing lines, I have it plotted automatically with Think script. But it, it didn't lose previous low of day. Right? And low of day was. I don't. Let's just call it 133. Previous low of day was cents lower. And that's like, okay, like if you're playing baseball, you have a catcher, right? So the catcher's job is to stop the ball to catch it, right? Like that's their job. But then they have a backstop. Like there's a fence behind it so that the ball doesn't like, roll into the street or wherever off. Off the entire baseball field. That's kind of like what. What this previous low of day is, you know? And then like, if the 10 day was like right here, I'd use the 10 day. Because like, like in the grand scheme of things, like when you average your stop loss, like, it's not gonna make a difference, but you just end up chopping yourself out. And if you have any like, larger size than, you know, 10 or. I don't even know what I have, I'd have to look. It might even be smaller. It might Be like seven and a half or something then. Yeah, you know, you're gonna have to shave it. Shave it down. But I just. I just let ride and then I'll look into the. Happens all the time, ladies and gents. And then you like, take it off your list because, you know, it's got like this giant. What do you call this thing? Inverted hammer candle thingy. That looks super bearish. I mean, it does. But then look, look at the next day. So, like, you know what? It's gonna delete this bar. It's gonna delete it now. Look, okay, it's like yesterday didn't even happen. Like, irrelevant. I'm gonna be a part of my life. Look at that. Look, it's like a redo of yesterday. Perfect. Yeah. Lightsaber wick. Yeah, exactly. Okay. I own Reddit though, so get off my list. Him's. I own you, but I want you. God, this thing's annoying. This thing. Chop chop me up today. There's like a serious bad luck omen in the chat and every time he buys just like stops everybody out. It's, you can't make this up. But I swear it's every time. It's to the point. It's so bad. It's to the point where even if he mentions the ticker, like, whoa, hims looks great. It just starts going down. Yeah, I need to ban him. Somebody actually private messaged me and was like, you need to ban that. Oh my God. Too funny. All right. This chart looks great though. This chart looks good. It looks good. It's got that middle finger candle, but I don't care. Whatever. This is a weird instance for a high volume open. It's kind of like the line. I mean, it's kind of, kind of right there. That would be. Okay, this is a good example of like a cheat, I guess where, like that, I mean, you. You really want to buy like over previous high day, right? But like, there's no synergy in this line. Like, that's like the only point. Like the only connection point. I mean it. I don't know. Like, I'd love for it to go more sideways, but at the same time I would buy is. I don't know, it's. I bought it yesterday literally as it was going well. It wasn't a. It wasn't like a. A five day SMA perfect wick. It was actually a ten day SMA perfect. Wicked. But I was playing the five, so yesterday I bought it when it came back through the five, but it wicked perfectly off the ten Day? Well, yeah, I think the ten day was down here yesterday. And then intraday action is just so brutal. So like this is the issue with buying in the range. Like ranges with beating full size, you just get this brutal action. It's just brutal. And hims is like hims's ADR is or APTR is roughly 9. So like you're getting a 9% move on average from high to low intraday. And it did it like twice now, like three times almost just brutal. Hims is brutal. Like look at this today. Like that's just like. Jesus Christ. What Was this range? 7%. I don't know. I own it from way lower in one account. I mean I have it from, from still down here on this like partnership news in this range. I bought some yesterday here. It reminds me of this area kind of like where it's like just grindy and it's just real choppy. It's hard to sit in. You just gotta have a smaller size and just, just kind of ride with it. And then as soon as it broke the relevant level, it started rocking. And this was an amazing move. I caught, I caught basically this entire thing. There was actually one time though, there was one day where it, I think it was the deep seek or something where it like it gapped down and then reclaimed. That was, that was brutal because I saw like you know, 500 grand just go poof. But then it reclaimed the whole thing. I'm not going to go into that. Okay, so all in all, him's looks really good. Him looks really good. So let's just go back to first principles. Okay. My system says big move up, pull back, undercut, find support and it's surfing the 30 really nicely. It's not super tight yet, but it's getting there. I do have this line where we have this high volume open and then we have this day's high which is a pretty round number of like, you know, I'll call it like 62. Let's see what 62 looks like. The MACD is really nice. It's so clean. Just looks like a slide, like a nice, like a nice water slide. Then we just got the cross, we got the day close, the weekly MACD's and like lockout mode. It still has a 30 short float but as Danny pointed out yesterday, finra it hasn't updated short interest for two weeks. So I am curious, I wonder if it updates this Friday. Curious but based on this like big you stuff candle people got, you know, short again here like a lot of people, I'M sure you know, people got short here, here. So that's another point of like, like the cheat entries is there's still a good amount of short interest above you and you know, the best moves happen when we're breaking out into like all time highs and simultaneously converting margined short shares long. Right. So like you have this capitulating effect essentially. It's not really capitulating. It's kind of like this double whammy. So you got sellers, you got shorters covering their asses, buying and then obviously interested folks longing. Right. And, and those two combined are what, what cause price action to really move away from, from that level quickly. So like if you're buying a cheat, you still have like a ton of people short and like the block, you know, the blocks above you. So if I were to buy through that line, I'm still dealing with, you know, all the volume in here, which they're probably really not that much. Like if I were to bet, I bet you this wick is really not that much time. I bet it would happen real quick. Okay, so how do we play it? I don't know. I don't know. I mean I guess that would be the line 62. I, I really just wish it would, it would give us some more sideways and just get tighter and look, look like really good. Like if we could like really build out like a flag or something and push like these levels up here, it would look a lot better. Something like, like this. I don't know. The market still needs to really pull back. I mean it's just, I mean it doesn't need to, I mean it's just going straight up. It's, it's, it's literally in lockout mode. But if I were to buy it, I guess I'm buying it through 62 and it's going to be a choppy, it's going to be a choppy journey. I don't know what continuation is going to be like. Yeah, it's not, it's not perfect but it needs more sideways. It's a tough one because it's like it feels actionable but where is your super clean level? Let's explore some other time frames here because it starts getting better on, on the lower time frames. But that's not super helpful. It's not super helpful. Yeah, there's just no clean line. That's what, that's what gets me. There's just no clean line. When would you flip your bias short? Never. I don't want to be a short. The only Time I was short. The only time I, I get excited about a short is if I know the company is a true dog company that's just destined for failure like Anon or any of the fad companies and then, and then now it's just a matter of like timing. But really the shorts are the pair of odds blow off top shorts. I mean those are the ones, those are the ones that I want and like hims isn't that. It's not even close. HS is a, is a, is a great company but you know from like a, from a like from long term perspective all the other accounts they're perfectly situated. You know they have hard stops. They've allocated a, a responsible amount of, of their net liquid to the position and they're just chilling like they're just chilling like we want to sit in this thing until it's you know, 100 plus. Right. But from a trading perspective I need to be, need to have a little bit more precision especially you know when I'm trading the small account aggressively because this thing can just really up if you take too much size which happened today. But yeah. Anyways we'll see how it's looking next week. Core weave. There's nothing actionable here now. The only way that I'll short this is like a blow off top sort of move or like a lose I guess. You know there's another setup called lose the 20 make the money. Another thing I got from Kuala Maggie. There was one time in his stream when he was basically talking about like it's kind of like a binary. Like is the chart still in play or is it dead and was referring to like the small caps. And when the big parabolic kind of moves happen once the Stock loses the 20 it's dead. So then I kind of came up with my own little criteria set for it and I called it lose, lose the 20 make the money. But for that to happen we would need more sideways. The price the, the 20 of need to catch up. It would need to start like rounding and curling over and then you might get like a lose to 20 make the money sort of play. And what's great about that setup is it only works after weakness has already been established. Like it's pretty clear that we're at the, on the backside. But I don't know like today's candle was kind of weird. I don't know. I mean it's, it's got to do like that skip up. You know, I got to see a couple of gaps in a row. Like I Want to see it literally put on, like 30% or more. More gain over just a few days on this, like, stupid volume. Maybe, like, it would be great if there was some sort of, like, news event that caused it. That caused some, like, overreaction and squeeze and, like, pushed it to like 200. So then we have, like, this, you know, that's like another 20. What? Yeah, maybe like another 25ish percent from where we are now. So, like, if it moved there in like a day or two, it would be just such a clean level to use as, like a breach and fail. You know, if you longed it, you know, yesterday or two days ago, great. You know, you should hold it. I would be trailing the five for the most part. I'd probably already be out at like a third. But yeah, I'd be trailing the five and then some of the 10. But yeah, I mean, it's getting. It's getting a little. The moves. Getting moves. Getting, I guess, old. You know, it's kind of getting stale, as you can see in the price action. But time will tell. It's staying on the list, though, because it will be an epic parabolic short or some sort of short, I'm thinking, in the relative near future. All right, we covered Thomas Terror. Man, this is taking a minute to get through. These were sideways. Unh. It's just been annoying. I sold it today for a tiny gain. I just been sitting in it for, like, several days with pretty big size. I think a couple of accounts still have it, but yeah, it's. I bought it here with. With big size, and it just retraced basically the whole thing. So now I need to see it break some relevant level. Don't mind my squiggly line. Like this level right here. I don't know. We'll keep an eye on it. It's definitely the stay on the needs more sideways list. This is actually kind of a decent one. Holding the five weekly. It's just made, like, this stupid move down, and it's gonna. I. I mean, I would be. I would be pretty shocked if it didn't recover it and I would. Or recover a decent portion of it. Like a move back to the 200, something like that. Move even to, like, here, you know, fours. And it's probably going to do it like, you know, like, earnings will be. Will be big because I know that they've had some earnings issues recently, some performance issues. So if, like, you know, performance is a little bit better, you know, I could see this thing definitely spring back. So it's Going to stay on the need to move sideways. Loose Palantir. This is a chaos, stunning chaotic. It doesn't like, it doesn't make super clean moves. This was probably the cleanest and like that's just not, that's not that great. It's made a huge move though. I mean, the move is just absolutely outrageous. And so for me to like iron out the chaos and like make it feel more linear, this is a good one. You have to keep going higher on the time frames, right? So like the weekly starts looking a lot better. But really, let's just go out to. I don't have it monthly. And then every time you look at the monthly, I'm just like, yo, bro, this thing is, it's just not tradable. It needs like a year base. It's really choppy and sloppy up here. It just needs a lot of sideways. I don't know, I don't know how to trade it. It's just, it's just way the up there. So I'm not trading it. I like watching it because it's obviously leader. I mean it's, you know, a couple, couple of points from all time highs. But I don't really have any business trading it. Okay, all right, back to your rules. Why do we have needs more sideways list? More sideways list. The purpose is to hold stocks that need more sideways, that can be actionable, that are not. Okay, you just said that you're not going to trade Palantir, so it needs a clock list. All right. Off my list, bruh. Coin. What a move today. People are so excited about this stock. Like outside of, outside of tem, there has been no other stock in the history of nature to rehab that is taken more souls. That is just more people up. The way that it breaks out is it breaks out on like undercutting, rallies, only this is like the first flag in its damn near existence that it's actually broken out like here like every time. It's like, like you think it's gonna die, doesn't die. And then it goes up 100 here from the gallows. Okay, like, like the shittiest place here, right? But then I made an amazing, very linear, enormous move like this. Okay, ladies and gentlemen, this right here is a, an outstanding move. This is an outstanding trend. Low volatility, iadr, it's making gains, it's moving fast. Lots of volume. Like, this is a great trend. So if I talk about like chaos or if I talk about like, you know, like there's, there's trends like if, if you have to smooth the trend out and make it look less chaotic by, you know, looking at the weekly or the monthly. Like, that's not a trading stock. Okay. Like, if it looks like chaos on the daily, and the only way to make it look nice is to go to, like, the yearly or something. I'm kidding. But, like, that is not a trading stock. That's an investing stock or whatever. Whatever the you want to do with it. This is a beautiful trend. This is what we want. And there's even more beautiful ones. I'll point them out as I see them right here. So here. History of making big linear moves, but what it's missing is history of making big linear moves from setups that are repeatable and in our playbook. This is not a setup that's in my playbook. I don't know what this is. Somebody may have something for it. A box or whatever. Whatever the hell you want to call it. The only thing I see going for it is how tight all of the moving averages are. And then, you know, earnings, okay, Earnings boom. You could have got the earnings, but that's really what it was. Earnings, okay. But then the next big move up was again from, like, this kind of beaten down. This is actually a DP kind of move where you had, like, this divergence, pivot price is still going down, moving up. And then, you know, this is a relatively, like, you know, this is a night. This is a tolerable trend. It's nice. So Coinbase has a history of trending cleanly and making big moves. What it doesn't have a history of is making nice moves from setups within our playbook. Here's another one, right, like, where it's just, like, out of fucking nowhere, some news, some event, something thing goes 74 in six days. Like, yes, please sign me up. Sign me up. This is, like, the first actual nice kind of flaggy setup where there's a. Where there was a killer price expansion on news that could be pivotal for Coinbase. So this is almost a change of character for me. We have a savage volume candle here. I don't forget what the news was, but it was shortly after earnings, okay, Just flagged. And then now another one on some, like, you know, pretty cool new news. Now it's still in this big, sloppy range, but if it's. If it's a change of character and we know that it trends well, like, it should stay on. Stay on the. Needs more sideways list. It might, like, really build, like, a nice flag in here and we can buy it Again, I don't know, it's still, still just in this big like chaotic, I don't know, space coinbase. You know what you going? No, I'm gonna keep it on. Nah, you point this, I'm taking you off. You're gonna have to, you're gonna have to gain the right to earn a spot on my bench. Not even a bench warmer. This is a hell of a move though. Hell of a move. It'll pop back up on my scan. All right. Crcl. This one absolutely is actionable and this is parabolic short sort of setup. I mean I don't know where it goes. No clue, no clue. I would just need to be, look, I would be looking for like my, you know, the setup. Gap. Gap. Just make some ridiculous high volume move around some round number and you know, it may take a couple times to get in but once it comes, once it comes down, it's gonna come down in just fabulous fashion. Great ball of fire. It's going to happen. It's just a matter of time. This isn't sustainable now. What I won't do is I won't short it tomorrow more than likely or Friday unless it just makes some huge like pre market advancement. Ideally like, I don't know, get some news. Like that's the best for the parabolics is where like you know, shorts are kind of like they're, they're trying to get position, they keep getting squeezed. People are longing and chasing and longing and chasing. Everybody's starting to hear about it, they're seeing it going up. There's so much volume pouring in, there's so much churning happening. And then you get like some news event, right? And the news event, it's like I don't care how good the news is, it's like, you know, markets top on good news sort of, sort of idea where like you're going to get another push up, shorts are going to cover, people are going to buy. Oh my God, you know, circle more amazing news, it's going to a thousand. Like that's when you capitulate to the upside. And that makes it easy when there isn't news and it just kind of keeps pushing higher and higher and higher. That makes it a little harder. Like you just need that big gap event. So I will keep watching it. Tessie, Tessie needs to go sideways. This is legitimate. Needs more sideways stock. I don't do options player. Never have, never will. So Tesla, what I do like about it is all the moving averages are relatively close proximity, they're close, they're just really tangled up. You know, you got the hundred sloping down, you got the 50 below the 100, the 50s below the 200. Like they're just all jumbled. So. And the reason is just because of the turbulence, this sell off, which I still have PTSD from because I've never given back more money over the course of a couple weeks. This thing, it's just brutal. Thing retraced. Let's see, from highs, Retrace 56% in. In short order. Like it just reg. It just gave back. This entire move topped on what was it like Elon joining Doge or whatever, Inauguration Day, whatever. And that's, that's what, that's what caused like the, the moving averages to get all. All weird. So the quickest way for them to, to straighten back out would be just, you know, pretty nice like pop fail, pop fail. That'll pull up the faster moving averages and, and straighten things out. But it definitely needs sideways, Definitely need sideways. Likely into earnings or maybe like, I don't know, full self driving. It needs a lot of sideways. Elon's in rough shape, but Tesla is going to stay on my list because if it does develop optimally, the chart develop optimally, you know, in a week or so, even just a couple of candles, maybe we could see things straighten out pretty well. Okay, that took a long time. I don't even know how long are we into the stream. So I'm going to go through all of these. Watch list. Holy 56 minutes. Okie doke. All right, so focus list. I'm gonna rip through them real quick one more time. I. I mean like this is actionable. Says what? What? I don't know what stuff. I don't. No, no, no, no. Yes, Yes, yes. All right, so EMS is the only one that's actionable. And I'm, you know, obviously if you've been sitting here for the last 20 minutes, you, you heard me him and ha over it. You know, that's like one of my things. Like if it's just not like crystal clear, like this is a five star setup. Here's a line. Boom, done. The setup isn't probably five star. It has a lot of potential. But. Okay, let's, let's go through the scans now. This one's not loading. Let's try this one. You're not loading either. Okay, I'm going to filter by change any questions on anything that just kind of touch on things as I, as I stumble across them. But if anybody's got any questions, anything, I'll I'll pause. Do you share my scans anywhere? Yeah, there's scans, scripts, there's a whole like channel on sae. Would I take hymns instead of S. Oh, I forgot what my conclusion was. If it's better to take. So from like a maximizing buying power perspective, it is better to take the leverage version because then you will have more day trading buying power available. Hymns, ETB though, you'll get like, you can get like 3.5x hims. Is himz double leveraged or triple leverage? It's double. Yeah. So, okay, so if you were to, if you were to buy the equivalent in, in just HIMS shares, you would have more day trading buying power, but it would only be able to be used on ETB stocks for the most part. Actually, you know what, that's not right. There's. There's these calculations that happen in Toss. Oh, you know, I'm going to look into it more and I'm going to get a concrete answer. But like, it depends on what your goal is really. If your goal is to maximize buying power, you go one way and if you don't care, you just go the other way. I don't know, it doesn't really matter. Like, if you don't care, use the other one. I. You'll have probably better liquidity. And the hymns is super thin. And afters, I don't know. You know, that's a good question. I'm gonna figure out like a concrete answer for that and why and I'll get back to you or somebody else. All right, let's. Let's go through these. Connell. This one's been good. I know some people caught this. It's given a real nice move here. This was kind of like a cheat here where you would have bought it over previous high today, but it's surfing, you know, it's nice. It's a nice move. What do these guys do? Metals. Wow. 60% in three days. That's what's up. Like that's what we want on. I mean, decent volume volumes obviously way up there now. I mean, it did 318 million today. 20 day average is roughly 60 million. Pretty nice. This is a Louis setup. Like this weekly is like his, his thing. That's the line. So you could have bought it here? Yeah, this, this is a nice one. Yeah. Yeah. So, okay, like the question is though, if, if you bought say a 20 position in your account, what do you do with it? Like, what do you do from here? Like day three, you should have sold half. Boom. You're already down to 10. And I would probably then trail, you know, five on the five, five on the 10. You could use the 20, like maybe if you had, you had some more conviction. It's made a huge move though, in the past few weeks or months. Holy shit. In months? Yeah, I mean, this is the move started here. And we're up 750. We're getting long at the tooth. Yeah, we're getting, we're getting long of the tooth. So I might, I may not trail the 20. I don't know. Actually, that'd be a good question for Louie. I saw him. Is he on here? No, he's not. Is anybody in this stock right now? Who's in tmc? Kyle, you are. All right, hop on chat, somebody. Hop on chat. I want to talk to you about this. How do I invite you? Invite to speak Raven. If Kyle doesn't answer, I'll, I'll get you on next. Yo, can you hear me? Yeah, what up, Kyle? Yo, what's going on? What day did you buy it?
I bought it on, I'm on my phone here. It's on 6. 15.
It was a month.
The day one more of us.
13. Yep.
12.
12. Yeah, whatever.
That day is over. Over 450.
Yeah. Wow. And so you held. I mean, the next day really sucked.
It was. I had a stop in a low a day, but, but yeah, it didn't break, so I just held it.
That's awesome. I mean, honestly, dude, that, that gives me a little tickle. That's. Oh, okay. What, what kind of size do you have relative to your account?
I had, I'm trying to do the math here. I had what I had. How much do I have? I gotta check my account. I'm on my phone here.
Just roughly like percent. 5. 10.
It was like 15ish.
Wow.
Somewhere around there. Yeah.
You have a high pain tolerance. That's. Well, that's. Yeah, look though, I mean. Yeah, go ahead. Sorry, go ahead.
I was gonna say I, I, I risk her out a little. I don't risk half a percent of my account, but it's not a full 1%. It's probably like 0.7, 0.75 or so. Just rougher to give or take. So my lower day, I was going to stop out for that much of an R of my total account.
So. Yeah, no, that's awesome. And then you got like really well rewarded on day three with that fat expansion candle. I mean, that's where most people bought it. I think you, where you bought it was perfect though. I mean, you bought it right through this left side peak. Yeah, I mean I. It was perfect spot. So. Okay, do you still have 15? Have you sold any?
So I sold a third on that day. Three for me into the five twenties. So now I just have 60 or so or two thirds left. And I haven't. I didn't sell any today.
So. Dude, I mean, like, well played. I mean, well played. So what's your plan?
I'm just. I mean, since starting the swing trade like you where we mentioned in an earlier in chat, like a. It's actually coming up on like two months now. I've just been trying to stick to the process of risking the 10 SMA. So it's kind of getting hard because my. My day trader or like just trader instincts, like if this thing goes parabolic to nine tomorrow, like the first thing I'm thinking of is I need to sell more. But I'm trying also trying to do my best to just stick to the. And blindly trust the 10 or 20. And so I think at this point my stops at break even now and, and just hope the 10 catches up and either it can surf more and keep going higher or if it closes under, I'm just gonna stop out into the 10.
Yeah, yeah, yeah. I mean it's. It's tough. So essentially, you know, what you have now is a 10 position, right. And you know, like qualimagi. He would have a 10 position here and he would have taken it on the same day you did. May have got stopped out second. Second day, but regardless, he would hop back in and he would have been selling, you know, half. Half today or half where you. Where you sold. And then he only has 5% left to trail on the 10. I mean, the 10 far down there. I mean, right now the 10 is just a hair above your average. Really.
I know that's. That's the tough. That's the tough battle where it's like, man, if. I mean, obviously it'll catch up, but in the worst case scenario, we have a negative 30 red day, hypothetically tomorrow, and I give it all back. I would be pretty upset. But then, but if this goes to 10 or 12 or 15, I don't. I mean, I don't know. I doubt it. But like, if it does and I still have some left, then I'm gonna feel pretty good about it too.
So.
I'm just kind of. We're somewhere in the middle there.
Yeah, I mean, I think your pro. Your thought process is right. I mean, today, like, I think your thought process right. I Mean, you're up huge on it. You're up, you know, damn near 100 now. The 10 is way down there. But like, we cannot outsmart moving averages. I don't blame you for trimming more. Like if you were to blow, like, if we were to like, you know, rip into nine or just something ridiculous like you have to sell some more. But right, you know, if it was me, I just, I can't exit unless we close below the 10. Even if it's like 5, you know, a 5% position. Because the more I, you know, it's not so much the gain, it's not so much the money. It's. It's truly learning to trust the moving averages. And if you don't do it, if you don't just like, leave some shares in your account and actually watch it play out, because it's probably going to take now weeks, like, to actually play out and for you to get stopped at the close below the 10. But if you don't do it, then you never learn to trust. It's like shutting the movie off early. You know, watch that movie 10 times in your life, but you always turned it off the last, you know, 20 minutes or so and you never saw the ending. It's like you didn't actually watch the whole movie. So, yeah, yeah, it's tough because you got a big gain. But I think, I mean, I think you're sound, but I mean, here it is though. So you're committed to holding this 10 position until you get a close below the, the 10 day.
So I think my, the plan I'm going to put on my watch list tonight is like, if it does do another 2010, 20% day tomorrow. Like, we see this in the eights, nines, or even tens. Like, I have to sell at least, I'm thinking at least go down to half position or another third and go to a 30% position left. But I do agree with you. Like, but like, just process wise, I. There's no way I'm going to, I'm going to, no matter how big of a gain it is. I'm gonna feel dirty and bad if I didn't stick with at least a smallest fraction of my position to risk off the 10. But I just know as this gets more parabolic and just absolutely absurd and the 10 just looks more and more farther away. Yeah, I'm gonna have to sell in, you know, quarters, thirds, whatever it is, just to lock more in. But at some, some level, I, the problem is I know what I've been learning Is that I have a tendency to be a bit greedy. So, like, I'll still sell. Like, I obviously sold my third on day three, but there's definitely a whisper in my head of like, hold, hold, hold the 10 of your account till the 10. Like, just do it. You never know, you know, but like, giving back gains would also be a, a huge, you know, like, I'd be banging my head against the wall. So if I see it at nine plus tomorrow, I gotta sell at least another quarter or another third or down to half, I should say. So I'd sell what, 20 something percent more to get down to 7.5%.
Yeah, I, I think that's fair. You could even break it into thirds, however you want to skin it, you know, you had 15, you sold five today. You know, say it like it does. You know, what, what we, what you think it may do or whatever goes to 9, you saw another 5, and then you're left with 5% of your equity writing the 10. I think that's fine. I mean, you know, it's all basically the same. But I think what's most important is, is just truly allowing it to play out. Because you never, you never know, man. There could be some stray news event that sends the thing to 20, like, you know. Yeah. Thought that, like, BNGO wasn't going higher, it just kept going higher. You know, like when people like, you know, you look at rgi, like this thing went a thousand days and like, look at right here. Oh, it blew off. You know, like it's done. And then look at the follow through day. It never closed below the 10. And then from here, when people thought it was done, even if you had a small 5%, your account left, it went another 200%. Roughly. Yeah. Huge. No, no, no, no, no, no. This is not the best example because the true close below the 10 was right back down. It's a numbers game, you know, It's a numbers game.
So, yeah, a good example, when I first Learned this was MSTR's move to 200. It's not the most recent move, November, but the. I think it might have been the bitcoin breakout. So, like the move from what, 50 to 200, it was back either. Yeah, right there.
Yeah.
Where it's like, you could have looked at that huge red move, red day right there, and you'd be like, oh, it's over. And it goes another 100% higher to there, 200.
Right. But the issue though is, and I kind of touched on this earlier, where the actual, like, if we were being super technical. The actual first close below the 10 was here. But, like, I don't know, like, this is just this. These are like the weird outlier cases where it's just like, you could only. You could only hold that. You can only hold through that sort of abuse if you're truly sized. Right. Like, you'd have to be down to 5%. And like, if I. Yes, it technically closed below the 10, but if I was holding it and I saw this happen, I would still hold it. Like, I would literally override and I would say, all right, we're trailing the 20 now.
Yeah.
But, yeah, I did. I think you're. I think you're spot on, and honestly, I. I love it. Like, yeah, you're already well ahead of others, and I think it's just because your nine years of, you know, system, you know, oriented workflow has helped you so.
Right.
But, like, dude, you holding this candle is like. Like, that's like season, swing, trader. Like, like this is the equivalent me holding Reddit. You know, like, people are not. Oh, I deleted the candle. Shit. Yeah.
I mean, maybe it's my. My ignorance or me being new, but I, I've just taken this. Like, back to you, you said about the nine years. Like, I've just taken the process of, like, if I don't. If I place a stop loss, I. I just go blind. Like, I'll. I'll still look at the chart and see.
Like, oh, like, if.
Yeah, back to Reddit. Like, I. I'm not long Reddit, but if I was, I would clearly acknowledge that. Like, it's a huge stuff and it looks ugly, but then I kind of go into, like, dumb goldfish mode. I'm like, well, my stop's here. It hasn't stopped me out, so I'm just going to close my eyes until that happens. Like, I just don't do anything differently.
Yeah, I mean, that's literally what you have to do. Like, you know, if. If we're like, thinking about, like, what is the workflow? The workflow precisely is you buy through the level, you set a hard stop at your. At your stop loss level, and then you don't look at it anymore.
Yep, yep, exactly.
What's the point? You just end up shaking yourself out, end up breaking your rules. All right, dude. Well, hell yeah. What other stocks do you own? Now that I got you on the horn? I'd love to hear it.
Everything I have. So I have a little bit. Let me actually log into my account here on desk Mobile, remind myself what I'VE got.
Like. Don't worry about it. You know, we could add.
No, no, I. I was, I was just actually, I was just listening to the stream while I was working out my garage. So I'm here. Yeah, I'm not doing much. I have tmc. I have alab that just actually started to show some strength today, which is nice. But I bought it on Monday maybe a little prematurely because it also had a red day yesterday, but now it's starting to like work a little bit a lab. And then I also have.
Let's see.
That's a slower move. I don't really love that one. I have Sophie. Um, I also got shocked up a couple times when you mentioned Sophie earlier. I was in it from like 1377, like last week. And then technically on what was it? Friday with the like the Middle east scares it like closed below the 10 by. So we're back in that one. Also got stopped out of Hood on Friday as well. And that was actually a question I had for you is like, you know, you can move it from the 10 to the 20 but like, obviously it's maybe a dangerous game to play. But like on Hood on Friday, I was from. From 50s still and it closed 6 cents below the 10. And then I ended up just rebuying it today because I'm like, it literally is still surfing the 10 perfectly. And I, I feel like I should still be in it from the original entry even though I've already locked it in. But so I have hood. I have a little bit of hymns. I have smr from like 30, I think 35.
Nice. I mean, I like. Yeah, you're. You're pretty good. I mean, looks like your average APTR is probably up and around like seven or eight. It's pretty good.
But yeah, that's the main ones I have.
Cool, cool, cool. Yeah, you were gonna ask me something about hood.
Oh, just when, when, when obviously the, the process is following it closing under the 10 day or the 20 day, whatever way you pick. But on Friday I'm in hood from 50 and it's still following the 10. But on Friday it closed below the 10 by like 6 cents.
Yeah.
And so like process driven. I just, I just follow my rules blindly. I'm like, okay, here I go, I sell. And it's done nothing but surf the 10 perfectly to now. Breaking out to new, new run highs, you know. So it's one of those things where I feel like I should never have stopped out. But then again, I'm following the blind system just as much as following a blind stop loss so. Or a hard stop.
I mean ultimately I think that's better than being subjective. So like if you're really, really like. Okay, so if you are really committed to following rules and you end up in like this edge case, that may happen, I don't know, like 10% of the time or 5% of the time, but over your career it ends up being the difference, you know, between potentially millions of dollars. It may make sense to kind of create some sort of, some sort of rule or kind of like a dead band. If you know what a dead band is, it's like, okay, my line is 10. My dead band is plus or minus one. Right. So that allows me to go like 9 to 11. Right. So like, you know what I'm finding is. And this was like one of the nuances that I just kind of took for granted and I didn't explain to people off well enough. Like none of the rules, they all, all of the rules, all of the lines should be treated with a deadband, you know. And what date was Friday? I want to look at that, like specifically curious.
It was well, forgetting what day it is.
13Th. Yeah, 13th. Okay, cool. Yeah, I want to look at the intraday. Okay. Three down, five day, five minute 13. Yeah, it was a, it was a kind of a weak close. So it like just closed below the 10, but it double bottom. Let's see like where did it bottom? It bottomed in like a relevant spot. So okay, you have this high volume close level. So it held. Oh wait, no, it's not even a high volume close level. I don't know, it's tricky. Yeah.
The one part where I could have. I mean I always. And I've learned this from day trading and I remember Komagi saying it on the stream of like after so many years, you, you kind of know when to maybe break the rules or break the process. And I, and I feel like with more experience that probably could have been a scenario. Like it's Right. And partly because what's it called on Friday was like the huge Middle east scares. And it's like if that really wasn't a thing, would we even have been down that far? You know, probably not, you know, but obviously that's the news. You have to like respect it and it's there. But yeah, just something I'll learn with experience over time.
Yeah. And you know, you may. It all depends also on your position, size. Like say you had like 10 or something. Like you could have just reduced like you could have like met in the middle. Like you're like, you subjectively are making a, like a deal with your non subjective rules where it's like your non subjective rules are like stop out even if it's by a penny. But you're like, hey, let's think about this, you know, it's, it's only a penny, whatever, let's meet in the middle sort of thing. And you know, maybe you could take that approach. But what I. I think like, you know, like principally speaking, you should apply a dead band to give yourself some room so that you don't like if you're. Look, if you're gonna follow your rules to a T, make your rules less tight. Gotcha. I mean that's, that seems to be like the, the solution. Well, nice dude. Well, thanks for hopping on. I hope your garage is sweet. Yeah.
Yeah, small gym, but yeah, it does the trick. But anyways, yeah, thanks for having me for chat for a little bit.
Nice dude. All right.
All right, we'll talk later.
Bye. Later. Kyle Williams, everyone. Damn. Kyle Williams is making seasoned swing traders look like chumps, bro. Day trader out here turning swing trader superstar. I love to see it, him holding. So like the only way that I could have held, and we got to get back on the program here because we still got a lot of charts to go through. The only way that I could have held this Reddit was by not looking at it like, like that's it. Like, so the process, the workflows, you buy it when it goes through your line, you set your stop at your, your predetermined stop level. Okay? And then you stop looking at it. You don't need to look at it anymore. The only reason you would ever have to look at it is if you're like grossly oversized or you know, you're some sort of fiend. But just don't look at it because if you were looking at it, more than likely you're going to be like, this is the ugliest candle I've ever seen. I have to sell because it's absolutely going lower. Well, guess what? Lo and behold. So let's look at tmc where Kyle bought it. Kyle bought it, which a totally fine spot. It just trick him with this like gap down. But he, he held it. And you know what, what's kind of, you know, interesting, he had 15 size. I mean that's not like tiny size by any means, but he held it and the stock gods blessed him.
See, this is, this is a trait.
Of a blessed one, right? Where like you trust the process and you get blessed. Okay, so he's now up 61% on 10 position literally in three bars. Like, bro, like, talk to me like that's sick. And it's like now his dilemma is like, what do I do if it goes higher? Like that's the dilemma you want. That's the dilemma you want. So yeah, kudos. Damn. He's gonna, he's gonna slay. I didn't look at some of these other ones. I kind of want to get his entries on in case like where he entered hymns and obviously he told me where he bought hood today because he bought it today. So far, I'm guessing he bought today. So his, his port was sitting pretty, pretty naked up until today. So I'm guessing he still has a decent amount of cash. He's probably day trading on the side and not telling no one. But that's neither here nor there. I am, I am proud and I cannot wait to see where he ends up in just a year or so from now. I'm sure it'll be awesome. What up? Only price base. Okay, so why not put in a break even after being up somewhat? Because so a daily bar is, is like a range, right? So like a daily bar encompasses the intraday action, right? So that's like the range and the high and the low of any daily bar is a meaningful level. So that's why we use low of day. So on day two, where things aren't looking too great, it's still within the range of the previous debt. So it hasn't range of the previous day to the downside, which is, you know, indicating follow through essentially to the downside. So I mean it's still within the previous day's range. So if we bought it yesterday and it's still above our predetermined stop loss from yesterday, like that's, that's where it should sit. So like we shouldn't, we shouldn't move, we shouldn't move it. At least in my opinion, you shouldn't move it. Like if yesterday we bought it and we, you know, we, we, we had a predetermined stop loss at low of day and then the second day it, you know, the price comes all the way back down, it retraces, but it still didn't stop you out of that level. Like we were okay with that level yesterday. Are we not okay with it today? Is it still intact? To me it's like just a repeat of yesterday essentially. And that's what you need to look at now. If it goes lower than Yesterday's low, our predetermined stop loss. Now it's a completely different scenario. Like we are, we are leaving that range. Like we want the range to move, we want price to move up and out of the range, obviously. But you know, it's, it's, it comes down to workflow. And if our workflow says buy the stock as price is moving through the line. Step one, step two, set your stop loss at your predetermined level. Okay? And step three is don't look at the chart. Doesn't matter then. Like it doesn't matter. Don't look at the chart, you know, like it didn't close below 10. Like there are no rules that says, oh, price retraced and I'm unhappy, I'm going to sell it. Like if that's a part of your, of your decision making criteria. It's not even decision making criteria. You shouldn't really be in positions where you need to make decisions. It's just binary. It's just yes or no, right? So like his rule set says place stop at whatever level, right. If price does not, you know, go below that level, I'm still in it and hope it goes higher. Right? And so that's what happened. And it went higher. It's the same thing what happened with me with Reddit yesterday. I bought it, I wasn't happy, but I didn't even know that Reddit retraced as hard as it did yesterday until I looked like way late in the day. I was like, ah, of course, you know, no traction. It's just the way things are going. But then today it's like as if yesterday didn't even happen. You know, it's kind of like a day's lost, but whatever. All right, let's keep moving. Let's keep moving. A. Oh, wow, this was a nice one. I don't know why this wasn't on my. Didn't come up. I didn't really give like a super ideal setup, but man, it made a really nice move. Look at that. It is just, you know, choppy as. But it makes really big moves fast as you can tell if somehow you had some conviction to buy it here. I mean, it, it closed down at this peak and then it gaps up. You'd have to be watching this one real close. And top man, it's up 57 in just a couple of days. Like that's a move. That's a move. Oscr. I felt like somebody was talking about this the other day. Maybe Zen was talking about it. Someone somewhere was Talking about it. I mean it has history of making pretty decent moves. This has just been utter nonsense though. I like seeing on this huge, huge, huge. Volume is great volume. Like but it's still within this range. Like you might like you're gonna get a move probably testing somewhere up here with 23 and a half or something. But like I want to see it make a big move up, hold flag, you know, really develop. This is like leg number one. I don't really want to buy leg number one. I'm cool on that. I'm cool. I'm not. I'm not gonna be like this isn't on my watch list. I didn't make like it made a big move up. But it's just sloppy, choppy. I'm not really interested in it now. If it can make a big move up, pullback flag, something like that and push. Cool. Okay. No. AI haven't seen you for a while. What is this thing? Scholar rock. Srrk. What is. What is srrk? Zen. What does this company do? Somebody. Bio coin we already talked about. Oh wow. Okay. So 55 million dollar average dollar volume over 20 days. Okay. History of making big clean linear moves. This is a monster. But it was out of like. Okay, this is like similar to like coins coins base. Funny, funny. Okay. You for about it here. Here. Okay. Well if you were on it down here, man, that is a hell of a move. 200. Pretty clean too. I mean these days are just awesome. While I put in this real tight candle. Like you know, I would have not caught it here. May have caught here, but then that would have sucked. But this move just in these three days. 100% and four candles. Awesome. Nice stick today. Nice stick tight. Yeah. Did anybody catch this? Oh, it was. It was a little. Oh yeah. Yep. Wicked off the 20 previous low of day came back through. That's why the washout long something really keep an eye on because you know, oftentimes you will just get. You know it tried to breach here right on that first five minute candle. If you have in your rules that you have to play 5 Minute Orb, it wouldn't have triggered because it wouldn't need to take out this high. But if you were looking for a washout long it undercut the 10 pounds 4 on the 20 nearly. And then it recuts 105 like you were good. Like that would have been a sick average. So like it was basically how I bought hims yesterday. But I mean bro, you're up 14% in an hour or so. And then nice consolidation continuation. Yeah. This Looks really good. So if you're in this, you have great history of it trailing the 10. Well and then once it starts getting all crazy, super crazy, you know, you got to. You gotta establish some rules for yourself for, for selling in a very extended formation. But yeah, it looks good. Go, go. So like I could really skip all these because just based on, based on the percent change, like they're not tight. So like if the. If the mark percent change is greater than the APTR, it's not tight. So the APTR is 15, the mark percent change is 130. It's literally like eight times the average percent tree range. So it's like I'm just looking at them just because if you watch like Q do his scans, he would just jump down to the one like once they start getting like within range. But I'm just going to go through them anyways cuz I'm heal sym Chaos. But it did break out. That was a really nice intraday trend. Chaos XQL Wow. I. You know, I. This one's popped up a fair amount recently. That was like easy, easy. Yeah man. It's given some nice moves. What happened? Why did, why did everybody get kicked out? That was weird. I wonder if somebody has permission to end the stream on accident. Loose. No. I don't know. Dude. I love that. Starting elevator music. All right, this one is really nice. Really nice volume too. Pretty decent range. Like look how tight all these moving averages are. I'm actually kind of curious about this one. I want to put it on here so I can look at it later. Wait, what was it? It's xo. Xo. Yeah. I mean here's a nice clean move. Clean move. Clean move. Yeah. This one's nice. I don't know what it is, but ups. Tizzle Upst has a chart that is damn near identical to AFRM I just noticed. Yep, very, very, very almost identical. Look at that. Isn't that funny? Uncanny. Big move up Bull peak. Sell off. Bounce off the 200 undercut. Same formation. So if you were okay with buying AFRM's leading, obviously due to its proximity to the 200, but we just breached 200. I actually own AFRM one of the accounts but I bought it down here, I think. Asts man, I don't know what to think of this, but it triumphant. I mean this range has just been one for the ages. Like you think it's gonna break out? Nope. Things gonna break out? Nope. Things gonna break out? Nope. Get a move? Nope. And then finally. But look how tight the Moving averages. Got. It'd be cool to create an indicator that gives you a number, like a proximity number for all moving averages. And so, like, they're all within x percent or x aptr of one another. Then, like, it gets like, this, like, ultimate tight factor. That'd be kind of cool because the biggest moves come from setups where all the moving averages are super duper tight because then when they break out, you just get this real awesome, like, linearity in the hierarchy of the moving average. So if we go all the way down here, maybe that example. Nope, not super tight here. Oh, this was an EP anyways. Trust me, bro. Just trust me, bro. Go back and look at it. You'll see. But yeah, super duper tight. Reli. Okay. Galaxy gas. I thought I saw this thing moving in afters kind of, but said don't. Don't talk about galaxy. Gasp Speculator. If I get you on the mic, will you not talk with the voice changer? I'm more than happy to get you on here and talk to you, bro, but, like, if you're gonna use a voice changer, I'm not. I'm not about that. RBNE gonna 10x if Iran catalyst plays out. Okay, that's like one of the Indo who says, oh, alab looks great. Alab's viable. Oh, man, it's still viable tomorrow. It's not too. It's okay. So today's range. All right, let's look at Today's range. Today's range, 8%. So that's about 1. 1 and a third APTR, but it's still within the range. Like, 100 is my line. I can buy this. Watch me, bruh. Now, the moves aren't great. They're huge. They're great. Like, don't get me wrong, like, the percent change is awesome. It's just they're sloppy. So, like, I'm not gonna take size or anything. You know, just be a routine position. But you're just about to get the MACD cross. Look good. Looks good. I'm putting this on actionable A Lab. Hey, lab. Hey. A wrong Zach. You want to hop on the chat, bro? Your voice changer not working. Etor. Okay, this is one that I randomly stumbled upon. I mean, obviously the chart looks like absolute, but looking at what was it? The circle Circle stock, stablecoin, whatever. I'm sure we'll stumble across it. I was like, man, this moves insane. Else is going to do it. Some reason Etor Etoro came up. Recent IPO going sideways. I don't want to Talk about anything. Actually I. I rescind my invitation. Special winner And I'm happy to talk to you. We can talk about anything. Talk about the weather, talk about anything. Preferably charts that I'm going through. But. Okay. So Etoro. I don't know. That's not a stock that we would trade. But I am interested in it. CRD already covered this one mp. It's had a. A move recently. Oh wow. I had a actionable line here. Oh wow, look at that. Yep. Kind of like a. Sure you can. Big move up pullback, tight day. Sure you can. 50 minutes. Hell of a move. But sloppy, choppy. This is the best move it's ever made. It needs sideways. Look at all this volume though. People love it. I love it. Needs time. This is actually one that's needs too much time. It's not going to go on by any words. I Indo, what are you up to? Indo is just building this big old range. Yep, building a big old range. Not really interesting. Solar got slapped. Okay, we need to speed this up. All right. Covered hems. Run your solar Reddit. Own you RKLB covered you boil. Might not talk about you hood. Keep doing your thing. This is a great move. I just don't know where to do actually get long. It's choppy. I don't like it. Bg. Okay, this is linear, clean. I like this tight retested the gap high which is the high volume high real clean expansion candle trending very well up 58 Venture Global. What are you out? You're interesting. This is a great move though, right? Scum of the earth. Smci. I heard people hooting and hollering about this vulture turd today. People love this stock. Love it. I love it too. You know where I loved it? I'll tell you where I lived it. I loved it here. See this big beautiful base. Oh, this is a great one. Look at all these moving averages. Look how close they are. They're packed together like sardines. Look at this. Look this clean. Super clean. Move through all time highs and just insane volume. Look at that. Wow. Beautiful. And we like it now here. I guess, I don't know, maybe you can draw like a line like this. That one works. Oh, it's almost about to break up. Not for me, bro. Cls. Cls. Wow. Wowzers. So there's so many charts that look like this. The strongest ones have already pushed through all time highs like Hood and Palantir. But then you have like the runner up class cls, crdo. They're all kind of running into a left side peak. But they all did the same thing, right? They all sold off bounce Trump tariff news reclaimed decent earnings guidance. Pushing, pushing higher. They're really hard to buy up here though. I would need it to like kind of flag above all time highs because these move, this move is just outrageous. 140% like I gotta look at that again. I gotta look at it again because this thing is just not slowing down. But I, I know hood though I have extra conviction in it because I know that it's a founder, founder ran company. The founder's young, sharp, super driven. The pipeline is wide. You know this company can be pivoted in so many different ways to generate revenue. Yeah, I want to hold it. I want to hold it, you know, forever, as long as I can. TSL talked about you see Bird talked about you. You going achr. You're a chaos stock. I hate you. I love you and I hate you because down here like there's been. You've had moments of greatness but man, ever since here was all right, this was good, which I caught. But man, it just rejected and just acted like, just acting like a. I don't even know what this is. I. I see people talk about it. I see the weird, the real weird traders like the MSTR Hodlers or whatever they call themselves obsessed with this chart light. Gh okay. GH okay. So what's your history looking like? Tell me about yourself. What's your asl? Okay, so you just look like basically your trap. The history, your histories is sloppy. Got a decent range going. There's nothing to do here. I don't know. Not for me at least. NBNTS talked about you. Tesla talked about you. GME that was short lived. Oh my God. Nvbl look at that. Look at you. Let's look at your daddy. Nvidia. Hell of a move from the, from the depths. Very hard to trade though. It's building this flag. I mean it's basically just mirroring the index. I think last earnings gave Nvidia kind of the, the pathway for considerably higher. But I don't know, it's just, it's just super sloppy. Like down here. Like this is what we want. Okay. Look at this nice beautiful long year, almost half a year range. Right? And then look at this breakout and look at this trend. Like it's so nice. So nice. Okay. It's just been chaos ever since. Like this is chaotic. In fact, in fact my eye sees a giant, giant head and shoulders to be frank. Let's look at the monthly, it'll probably be very. No, you know, it's not that pronounced. Nah, it's fine. I'm just not gonna trade it. Maybe if I would have caught it down here, this would have been more of like, a investing conviction trade. Like, in my gut, I know Nvidia is going higher. Like, I don't really need a super, like, clean technical setup. Nvidia anf. God. FAD stock. This is what happens. This is the. This is what happens to fad stocks. What a move, though. My goodness gracious. Yep. FAD stock. Futu. So FUTU has a history of making really big clean moves. Like, that's insane, but doesn't do it too often. But when it does it, it does it. So it did it here once, like, boing. Bring 75% in a month here. They're all from, like, the depths, though. Bottom pin reversal, you know, maybe actually, I need to study the, like, now that I've been talking about it with you guys, like, starting with coin, you know, when stocks are, like, beaten down and down, trending, they really need some sort of catalyst, like earnings or some event to. To bring them back to life. Like this gap down bottom pin, it's basically said, we're not going any lower. And then, like, it's funny, like, from the lowest lows, damn near, like, right here. Lowest lows. Like, look at all this volume. Like, somebody stepped in. Somebody stepped in and said, I'm gonna hold this thing up. Futu's going much higher in the coming months, years. Then they. Somebody did it again here. It's like somebody knows, you know, I really need to study these bottom formations. I mean, essentially, they're unrs. So, like, if we look at it upside down, let's look at it upside down. So, like, okay, we all know what a DTSS is. It's when price breaches left side peak and then fails. So it's kind of the same thing where, like, it breaches and then it fails. Like here it breached, failed. So it does make really good moves, but they've all come from, like, the depths. You know, I'm gonna add that to my actual task list real quick. I'm gonna allocate some of my daily time to. To studying that. So study. I'm just gonna call them the depths because that resonates with me. The depths. Because, I mean, that's like, really where the biggest moves come from. And, you know, it's really funny. They happen below the 200. So the biggest moves are starting from below the 200. Makes you think makes you wonder. Okay, QBTS QTS is still very much in play. It's actually a unr now. So here's the high buying close. Tight day. Big move up. Sloppy, choppy pullback, undercut. Bomb support on the rising 30ish. Okay. It's putting a tight day. It's pressing the left side peak. Overall quantum still in play. The moving averages are kind of wonky. So you might get like this pop and then you'll get some chop. You have to hold through the range. So I think it's okay to buy it over yesterday's high ish and through this line. I am going to put it on my knees more sideways list though. As you can see, we've gone through this really long scan and not a lot of names are hitting my needs more sideways list that aren't already there. And I've had one actionable name hit that wasn't on my needs more sideways list. Mjs I own Warner breast Warner breath. God, it's just terrible. I don't want to bother. All right. Now we're getting into the stocks that close red today. Okay. Oklo. Oklo would be my choice. I think SMR is a much better balance sheet overall. I'd have to revisit. I like oklo better core weave here on mine. Needs more sideways. Okay. Bay Texas by oil and Gas Company 6 APTR. So big move up more than 30%. Yep, 30% pullback tight. I don't know what you do. You're under the 200. You know what it has it do you have history of making big moves cleanly. Not bad. Not bad. Not great. Not bad. His volumes great. Really picking up. I don't know what this thing does. You know I'm gonna put it on. It's probably oil and gas. I just don't give a about it. But I'm gonna put it on my list. Take a look at it later. So Wolf, I have this byline here. So that's left side peak. What is this from? This is okay. MACD weekly cross. Yeah. So we have our weekly cross still below 200. I don't know. It's just needs a lot of time. Dave. Okay, Dave. First test of one of the mid range moving averages after ep. MACD is all all jacked up. Lots of momentum to downside. Huge wick though. Off of 8,850 reclaim 30. I mean, I don't know. It's probably just gonna go sideways a lot. Yeah, it's just going to go sideways a lot. It needs to build a Big range. So Silver is holding up. It needs more sideways. I need to put this one back on my slash inside. A lot of these deps have VCPs. Okay. It's got an overreaction to downside earnings. They got immediately bought up. Makes you think. Cool. Excellent observation. So I qubit apld. All right. These are way too wide. All right. Both in this book. Curious to see what's on Savage volume. And I also wanted to look at the slow scan. All right, so this is 8 aptr plus this thing. Sure. People are tempted. Wonder how many people have attempted. It's a temptation. Wonder how many people have this on their actionable list. Man, this thing is a soul snatcher. This thing will snatch your soul and your wallet. Why? People love it. People love it. People love the abuse. Trading tem is the equivalent of being a cutter. Like, legit. It's. It's equivalent to being a cutter. Yeah. Think about it. Okay. 8 APR ADR scan. All right, let's look at Savage Volume. And uec. People love this one, too. I just don't get it. People love abuse. They're like, beat me. People love to get beat. You know, Pen is starting to shake up, though. I said I would take it, like, over one of these peaks. Oh, God, look at me. I'm falling into the trap. Fall into the trap. SRM Serum. What do they do? What does this company do that's interest. Interesting serum. Curious. Does anybody know? Top of their head. I'm gonna Google it. What does the company? Srm. Serum. US based company specializing in the design, development, and distribution of licensed children's toys. Highly suspect. Yeah. Watch. They're gonna collab with Abercrombie Pedo Crombie. Their products are sold across major theme parks. And is this, like, a real company? This company literally makes, like, keychains, and they make keychains and magnets. That's crazy, bro. I never thought about that. Like, there's a big ass. There's a big company out there that makes, like, keychains and magnets and coasters and coffee mugs. T shirts. That's Wild Park. Of course they're headquartered in Florida, so, like, I've. I didn't know a company like this existed. Why are they, like, yanking. It's got to be some deal with, like, you know, that's what's gonna happen. That's what's gonna happen in Iran. Like, they're gonna wipe Iran clean. They're gonna. They're gonna secure the Middle East. And I. I'm telling you right now, Mark, Your calendars. Ten years from this day, there's going to be a Disney Tehran. It's gonna be a Disney and Tehran. You know, Trump's gonna build his Trump towers and resorts in Gaza. It's a sick, sick future telling you. Mark my words. Okay, wait. Anyways, no, hold on. This looks good though. I'm curious about the news. Why are they up so much? Eric Trump. Okay, does anybody know why they're up? Does anybody know anything about this? Phone a friend. Lifeline first. Crypto. Oh my God, I hate chat. Gbt. The chat GBD said they make the coffee cups from for Disney and it turns out to be a crypto company. Oh my God. Yo. AI is not taking over. Not anytime soon. That is just insane. Okay, crypto treasury stocks. Yeah, they're still doing good. That's really interesting. This is clean. I mean this is a short. Damn near curious how the 5 looks. It is up so much though. My goodness. Damn. I don't know. This is like a if you're brave sort of stock. I don't even know where does it go from here? Where's it go? I'm going to stick it on my needs more sideways list and I'm going to think about it because like Friday pre market I'll go through, see needs more sideways list and I'll see what like is looking most actionable. I'm just gonna stick it there as a placeholder. We are getting close. I got one more to go through the slow scan and then we're. We're good. Okay, we're here, we're here. Spec you there? Is this the one you're talking about? Rbne? This is one of the end of the world stocks. Yeah, yeah. Oh my God. Just. This is just absolutely absurd. So the right chart is a 12 hour chart. That's a 60% range candle. This one is a 500% range candle. This one down is a 50 candle. I mean, my goodness, you can't even hold this thing for more than a single 12 hour candle. Look at the 30, the 30 minute. All right, let me, let me get my magnifying glass out. Let's see here. All right, here's the 30. Jesus Christ. I mean, okay, you know, all right, like, look, let's give spec the benefit of the doctor. Let's think about it from some, I guess, nice perspective. So, okay, it is consolidating on the five day. It has not closed below it. I don't even have to give you like it's making higher low. Okay. It's a big Move. All right, first principles. First principles. There we go. Big move up. Yes. All right, check. Pullback, check. Undercut, check. Recline, surf, Check. Get tight. Check. It literally meets all the criteria. It meets all the criteria. And it's got a tight day. I wouldn't want to front run it, but I don't know if you are into end of the world stocks. This one is. Might be your cup of tea. Let's see. What. Indo. Look, Indo. I mean, Indo too, though. Indonesia. This one too. I mean, it's tight day. It's a little bit more forgiving than the rbne. And then Husa. I accidentally halted this thing the other day. Who says they're all doing the same thing? They're all doing the same thing. They're all holding up. They all put in tight days. Okay, so like, which one do you trade? Which one do you trade? RBN is cool because it has no history and it's. It's pretty tight in here. You have like this bottom, bottom range. It's kind of holding like this bottom line. Like you have a very. I don't know, I mean, like you could just buy over 10, roughly, or over yesterday's high. I mean, it's really not that far away. So that would be. Yeah, that'd be about 10. But the thing is, like, you could wake up and it's already like gapped up to like here. I don't even know what you do. It's. Let's see if we can use our imagination on some other time frame. And these things are just so unforgiving. They make insane moves though. And like, arguably, if something's really gonna pop off, the, the, the craziest move hasn't happened yet, I don't think. You know, like, you know, it might come up to here, but like, I don't know, I don't know what. What's crazier would have to happen. Like, things would have really, really, really escalated. But that would be, that would be my line, probably. Yeah, that would be it. I mean, who knows how high it can really go? And these things are not operating like normal rules. Like, they're like, they're headline driven 100 and then obviously they're tied up to oil and gas. So what's cool though is tomorrow, the few. I believe the futures market is open all day tomorrow. And you know, like, this looks pretty decent. Like this looks pretty decent here. Like, we could go. We could go. And it's breaking out of like this giant ass range. It's a really big range and it's actually. I mean, I don't even know how you draw a line. Kind of can't. So really the line is this dynamic line that is the 200. So if it blasts through the 200, then. Then. Then the game's on. Like, oil's going higher and it may. It may. I mean, it's unr'd. We know these unrs work. Yeah, man. It's just gonna need some like, you know, catastrophic sort of event, I think, to push it. Yeah. The biggest move, start below the 200. Prove me wrong. All right, let's get back to the list. Rbne. Yeah, I don't know. It's big. I mean, it meets all the criteria. It's super dangerous. It's kind of like, you know, account your blessing sort of thing. Don't look a gifted horse in the mouth. Big move. Take it off. I don't know. I traded Indo in 2022. Oh, I get it. I get it. I get. All right. This is a savage volume scan. Okay. It's basically all the same charts. Elf man, I was just early. I was just a little early on it. Shame. All right, we got one more to. To skim through. It's gonna be the slower stocks to filter this one by. By aptr from lowest to highest. So I don't go through all the same stocks again. So it's this one. Let it load. Okay. All right. Lowest to highest. Let's look at some of. Some of the slower names. Man, this thing's made a run. Crowd I own. Talk about chaos. Dell, Del looks these. Should have bought it. You guys go check your shack. Shock looks good. Big linear move. Just a huge move, though. I mean, it's like just the largest range. Like, it's never really. Like, it makes these giant moves and then just retraces the entire move. Like. Like, what is so. Like, what's so. Like your business is that up where like in the matter of like a year, you make like a couple hundred percent move and then you literally retrace the entire thing not once but twice, you know, three, four, like five times. Like, it's just absurd. Like, this is. This reminds me of temp. Like, it's just. It's absurd. Like, go up and stay up. Foreign. Stock. See, this is the way of the fad stock. This is where they all end up, you know. Lulu. Wow. Yoga pants. Revolutionary. We're going to start a company that we sell pants and we're going to go to 500. I don't know what they were valued at. We're Going to go to $500 a share. So pants so tight. Pants, stretchy pants. Like, come on. Obviously, like peloton. Lulu, look at Nike. If Nike is doing it. Like, this is the fate of all fad stocks. Like, anybody can make a T shirt. I don't care who you are. Okay, Lulu. DraftKing. Where you been at? It's been a while. Been a while since I've seen you. Nice. Okay, Net. Net is another one of these. It's a little bit further in the chart progression, but man, these things are just long in the tubes. Oh, my God. I don't even know what you do up here. I don't know. You do. I don't know. You do. It's like either the. The best charts are just wildly extended or like the chart is just like. Like complete. Like, there's no real in between. Yeah, they just go like, here's a fad stock. I think it is. Yeah. Estee Lauder bad stock. Look at that. Just nothing but. But it's finally gonna bottom. You know, it reminds me of. Reminds me of this stock. It's one of the other great fad stocks, bsco, okay. Where it doesn't do forever and then it pops, has this big run. But guess what? It's right back to where it was. Phil. So if you see fat stocks up, like ridiculous amounts, figure out a way to, like, short them because it's just a matter of time. They're going to go down. Oh, that was an ugly candle. That's a dtss you candle. That is an ugly candle on huge volume. Ccj. Wow. The best move it's ever made. From the gallows, from the depths, man. These moves, dude. Ugh. I am 100 going to be. I mean, this is like. It's basically the setup that I missed market wide. I mean, I caught a couple once. You know, I got slapped in the face 10 times for missing them. Like, Hood, for example. But like, you know, Palantir, I should be in from the undercut rally. Ceg. Vst. Mean, there's so many that have identical chart shapes that I should be in. And it's literally the difference between doubling my account. I could have doubled my account if I just understood this setup. And so I am going to learn it. And it doesn't happen often. I mean, it happens after, like, severe, like, a lot. You need a really big move up, like, over the course of, like, years. And then you need this sharp selloff. So, like, you know, the formation of this event is. It doesn't happen all the time. But you know, when it does, you got it. You got to be ready. And, you know, I've really trained myself with, you know, seeing these bear divergence or these bull divergences in the macd. So that helps. I kind of that leg up. But, you know, really, the price action, the technical right here was the tells on the weekly where you breached the left side peak or the left side low, and then you reclaim the left side low. I mean, you just have such low risk. It's the exact same deal as, like, a washout wall. The same idea just on a higher time frame. And, dude, you get, like, just an insane risk to reward, and price moves away from your average so quickly. It's just now I gotta sit here like a schlup watching these things just literally go to the moon. There's nothing I could do about it. Like, I guess I could have. This would have been a spot. Could have bought this continuation. But then, like, I buy the continuation, it's up 14. Then I gotta sit in two weeks of sideways and did this. Like, nah, Like, I'm down. If I'm Like, I'm down to sit and deal with all that. If I got like, a. Like a stupid good average where I think, you know, price can go 100, 200 from these lows, like, I'm cool with that. But when I'm halfway, you know, more than halfway up in the move, I'm not as cool with that. Like, if I'm getting close to pressing these left side peaks, I'm not. I'm not. I'm not all about it. But this thing does not give a. It's just gone straight up. She has gone. Look at them. They all did this. This one's sloppy. But basically, if the stock did not have that formation right here, bst. Same thing here. Left side low breach fails to go lower, reclaims, tests, she gone. Like, if the stock overall did not have that story tariff sell off, low pop, new low reclaim, you know, off the new highs. Like, it. It's not even in play. It's not even, like, relevant. Like, all the next setups will come from those stocks. Like, all the best next setups will come from those stocks. They'll retrace flag. They'll be the ones to set up. Look, this one's done it too, just in a slightly different fashion. This one actually isn't terrible. Choppy, relatively slow. Oh, my God. It's just so choppy. STR covered. Look at this volume. Whoa. Just chaos. That's crazy, man. I mean, that's A bottom pin reversal. Be interesting to track this one. Like it does not want to go lower yet. RP care. I mean they all did this is all this, you know, left side low undercut, alien just. And the biggest moves, like, like, don't at me. Like, biggest moves, like, started below the 200. Like every single one of these, Every goddamn one of them started below the 200. That one. This one. VRT. Don't even talk about you. CLH. CLH is doing its thing. It's grinding. It's. I don't know, is it just going to start some new super cycle? It's a fad stock. I mean this CL celh like is a fat stock. Like if you create a product that's easily replicatable and like, you know, like you're leaning on like a distribution network or. I don't know what it is like, really at the end of the day, I don't know. I mean. But then it kind of like makes you think, like, why is Coke still so relevant? You know? Starter below the 200. Core, core, core, core. Okay, Just so. Just such a. Wow. Okay, this is sick. This is what I'm talking about. Huge move up. Really nice base. That's what's up. What is this thing doing? Why is it doing it? Biome. Yep. Go figure. Sophie bought you today, finally. Please be the stick. Done. Yep. Every one of them. All below the 200. The biggest moves happen below the 200 as wild. Truly wild. Like below the 200. Like, this is literally low. All right, looks like we're getting getting to the end here. Does anybody have any questions? Anything you want me to touch on? Happy to do it. I don't know, like, all in all, look how many names got added to my focus list. Not that weren't already on my needs more sighters list. One. One. So that tells me that, you know, if my breadth indicator is the length and quality of my watch list, it's not. It's not great. It's short and like there's nothing that like screams at me like, alab isn't even perfect. Tight. Dang. Yeah. A lab isn't even perfect. So I don't, I don't know. Do you post your watch list anywhere? You must be new here. Yeah, I post them in like two places every day. I usually post them on a trading floor and I'll stick them in the watch list. I don't have a watch list. Like, meaning like a good one. I won't, I won't post it. Ebay, IPO to Corey We've moved. Check it out. I mean ebay has it. Like if you notice like ebay hasn't even popped up on any of my scan scans. Or do you got to catch them in here? No, no, my, you know, my watch list you'll find in like do we have a watch list channel? And I post them here, but I also just like stick them in the trading floor. Believe me, if I watch this is like great. You will, you'll hear about it. I'll be hooting and hollering about all the, all those setups. Thoughts on cores? I mean, did cores appear on any of my scans? I don't think we saw it once, right? I don't think we saw it anywhere. Let's see. Let me make sure it's cores. So like the fact that it didn't come up on any scan probably tells me that I'm not gonna like it. Let's look at it. Weird. Why didn't it come up? It actually, it actually looks fine. What the. Why did it. Okay, now I gotta figure something out. Why did it not come up? Why? Why? Oh, oh, that's why I have a 200 million dollar cut off here. Oh, I see, I see. Okay. Because it's probably trading at like slightly below 5 ADR, I'm guessing. Yeah, it just kind of got. It's a fringe chart. But I should capture this. I mean it's a good move. I mean you're right. Okay, so 5 APTR 20 day average 120 did it. Is it on this scan? Of course. No, it's not. So that is actually. Thank you. That's actually a bug that needs to get worked out because it should, it should, it should be on my skin. Yeah, I think it looks good, bro. That looks good. You know, big move up, pullback. It's tight. That looks good. I mean it's kind of actionable really. You have this like left side peak here. That's hilarious. Well, well, well, who said that? I mean, hey Impact, you should probably like search around a little bit. The very first video I did on YouTube is titled 30 EMA Magic. So I suggest, you know, you go watch that. This is, this is interesting to me. I hate the stock though. But I mean it did make a really great move here. But everything else has been, been trash. This is nice though. This is real nice. You know, I'm going to stick it on my needs more ciders list. Thanks bro. And then also like one, you gave me a chart that looks pretty good. And two, you have identified an issue I need to fix. Joby. I mean, I think I passed this one twice. I mean, it's just chaotic. It's like. It's just pure chaos. I mean, it has a history of making really nice moves, but it's just. This is just. I don't even know. How do you even stomach this? How do you even sit in this? I don't know. Like, we don't need to talk about individual tickers. Like, does anybody have any, like, fundamental questions or, you know, system questions, idea questions? I mean, the. The chart shape is very easy. It's big move up. Like, is the. The chart shape workflow is very easy. Does it have a history of making big linear moves fast? Yes or no? And then has it recently had a big move up? Has it pulled back? A big linear move up, Pullback, undercut, reclaim, surf. Get tight in, like, a clean fashion, okay? Like, that's all you need to know. Like, if the answer to all those questions is yes, then. Then it's actionable. If the answer is no, then it's not. Right? Like, so you don't need to ask me about, like, is this ticker good or bad? Like, it's very. It's very simple. Like, there's like, six checkboxes, but, you know, the workflow to get there. Maybe. Maybe you need more. More explaining or something, but. Cool. I'll give it just. I'll give it 10 more seconds. There's a. There's a good question. I'll answer to that. I'm gonna wrap it up. It's actually been a long one, man. This one's super long. Damn. Two hours. Cool. I've been struggling with taking plays, going through left side peak without going sideways, then pulling back in. For example, how you play FLR over 52. Okay, let's take a look. Skis FLR. So you said 52. Okay. So, okay, so does it have a history of making big, clean, linear moves? Answer is no, but let's assume that it is. Has it made a big move up? Yes. Has it pulled back? No. Has it undercut? No. Has it reclaimed. No. Has it surf now? Has it gotten tight? Now you literally have one of the checkboxes. So it's not even. It's not. It's not actionable at all. It's super extended. This is not. This is not a setup. You don't trade during consulting markets. That's how. How do you not get wet in the rain? You don't go in the rain unless you have an umbrella. So a simple thing that you can do is you can establish a binary risk on metric. A real popular and simple one is are the, are the q's and spy are the 10 day and 20 day is the 10 above the 20 day and is price above the tender? So like you could use like a binary risk on risk off metric. But yeah, I mean like you want the moving averages like sloping up, you want price trending up. Like if you don't want to get cuts from a consolidating market, don't trade in a consolidating market. If you don't want to get wet when it rains out, don't go outside when it rains. No, I don't really require like high volume because if you were to sit there and wait for high volume, a lot of people, you know, actually I don't know, I personally don't require it. That's kind of like part of the theory of doing a 5 minute opening range breakout where you're able to observe the formation of the first five minute candle and kind of see that volume. And then you can compare that first five minute candle to previous first five minute candles. And if the volume is like greatly elevated, you know, that could be, that could be a symbol of like, you know, there's a lot of interest here. And if that's around like a daily level, you know, you can bake that in. That's not typically, that's not really. It's not a hard thing in my, it's not a hard criteria in my set. But it may be a good one to add if you're strictly trading orbs. I mean that's, that's a great advantage of trading orbs because it, it requires you to wait for that first five minute to close and then you could add some criteria based on, you know, studying charts and you know, you know, if this candle has say like 3x the opening range 5 minute 5 minute volume of like the last 20, then the probability of it continuing higher is greater. But you would have just have to do that study. I mean that's a great thought, Jack. You should definitely back test that and then, and figure it out. I know you said Multiple times that 38Magic is the best management for SAE to grow quickly. But which setup would you recommend to pair it with? I mean any of those. So like setups are just entry tactics. Like it, it doesn't matter how you do it really. It's just you want to take, you want to buy a stock at a key key daily level where price is going to move away from your average Quickly and you know, like a shoryuken, a just wedge, whatever. Like they're all just different means of doing that. Think about it like this, like it's football and like there's all sorts of different ways to get the goal. Some, some plays work better in certain situations, but at the end of the day, it's all the same. The same objective. From where we hike the ball, we want to advance into the end zone, right? And we want to move as quickly away from where we hiked the ball as possible, right? So that's such a decent analogy to use. But I mean, you could use any of them. It doesn't matter. In the beginning though, maybe just pick one and in my mind, I would pick the one that happens most often or maybe the one that's most reliable. Now that's up to you to study charts and build a database and figure out which tool set which tool you like the most. But you know, sometimes, you know, you got to know when to use a mallet versus when to use a hammer, right? You got to know when to use a hammer drill versus just an electric screw gun. Like they, they all have their subtle nuances and they work better in certain applications. But you have to kind of understand when should I run this play? But ultimately all the plays are designed to do the same thing. Get you a very low risk entry near your stop and have price move away from it quickly. Didn't see W in your charts either, Matt. Are you the one who called out cores? I'll give you the benefit of that. Not. Not grill cw. You know, W is, is probably falling into the same, same kind of category as cores. I'm noticing it's like five and a half aptr. It's okay. I mean, it's just so choppy. Like, does it have a history of making like big moves up linear like it actually does? It's just, just fad. Like it's not like it's not tech. I mean, they make furniture. I think they stuff children in furniture and ship them all over the world, don't they? But yeah, the scan probably should pick that up. When there's a big volume spike and price shoots up in the first five minutes. You usually wait for the five minute orb and some consolidation before entering. Like me. There is no like usually waiting. It's like binary, right? I buy it. I buy a stock when it goes through my line. I don't really wait for a five minute orb. I buy the stock when it goes through line. That's what I do, you know, like there may be. It may be better to wait for the 5 minute orb. I haven't tested it enough. But I just buy it when it goes through my line. Like I, I draw those green lines on my chart like a lab. This is actionable. So through 100, which I hope it's not already going through it. It's right there. I'm buying it. I'm buying it. I don't need it. I don't need. I don't need anything. It'd be one second. I'm going, I'm buying it. Manage my entry on Cubit. Managed my entry. There really wasn't much management. It was kind of a shorty yukin sort of setup where it made a big move up, it pulled back, it found support, put in a tight day on the 5. I just bought it as it, as it came back over the, the high volume high and then the, the like moving average bounce high. That's all I did. And so here's my line. And as price went through it, I bought it. I probably bought it on this first candle. I don't remember exactly. Let's see. Yeah, I don't remember. Yeah, I want to say about it. I probably bought it here. And then I set my stop low a day or maybe over the 200 here and then choose gone. That's it. End of story. 1 minute. Charts will give you tighter risk, but you're just. You increase the, the frequency of getting chopped out. Like I don't know why people want to use one minute. I don't get it. I not have rules around spread. Actually, I love bigger spreads because the stocks with the huge spreads are the ones who make the biggest move. All right, these are actually some pretty good questions, guys. I mean, I'll keep answering them if you got them, but if the question feed starts drying up, I'll call it. Should I just cut out biotech for my skins? I mean, do you, do you. There's just. You're just adding more, more variance. It's just a lot more risk. Yeah, I mean, yeah, Zen's right. I mean, yeah, you're going to have more gap down risk, but if you're sizing right, like 10% position size really covers a lot of that variance. I just, personally, I don't like, I don't know anything about them. You know, it's hard to like. I don't know, I just, I'm just not interested in them. He says sell 1/3 buy stock on Monday. It's Tuesday 1. I mean like it doesn't have to be that crazy. Like, like I would consider the day that you bought it on day one, right? Because if the day that you bought it on is not day one, what day is it? Day zero. Well, day zero doesn't exist now. You could, if you really want to get crazy with it, you could say, oh, I bought it at 9:35. Therefore, from 9:35 Monday to 9:35 Tuesday. That's all day one. Right. Like, you could go that way. But I would just probably consider like your intraday session. Do day one. How do you gauge market breath? The length and quality of my watch list. What is something you've changed early in your trading career that helped you be able to grow something I changed. Nothing really. It's just experience. The quality of questions is dwindling. All right, I will give it 10 seconds. I haven't been to Italy. All right, we're going to end it. Hey, thanks, guys. Have a great night. Sa.









