PLTR Is On Fire Whereas GME Just Fizzled Out.

All right, it's midday in the market here. It's noon Eastern on Friday, December 6th. So let's check in on what we've been doing with our, uh, day trades from this morning. But first off, uh, let's have a quick look at the dashboard. So this is keeping us up with the top trades for the day, and, um, this one's interesting. $1 million on, uh, Meta, Facebook, $622.18. So the This actually breaks out the, um, uh, the most valuable trades for the day, gives you the top 10. So we can see here that the SPY's got a $650,000 for $400 million almost. And, uh, yeah, so, uh, Facebook, that was a big one, $622.18 for a million. Uh, so let's see what, what we called out. Um, we called out PLTR and we called out GameStop. Mm-hmm. Now let's have a quick look here at PLTR. We were bullish above $73.50 with a target of $73.80 and $74. So, uh, what we have here is we pulled back. This would have been our entry, close of this candle. This was a lot of volume at the open. Some people don't do that. We had this pullback, really nice volume here, and then we tagged this support. And we took off. So 73.50, and our first target was 73.80, 74, but then we were going to trade it level to level. So we had a big pullback at 75, 75.50. We pulled back, and there's no reason to get out of this trade. So if you scaled out, great, you've taken some profit. Anyway, you need some sort of target and when you're actually going to get out. So because this has run so far, It's already run $2.50. We might want it to close below the 4 EMA or below the 8 EMA, have the candle close below there, and then start to take some profit. So with it being lunchtime, we'll see some not really volatility but lesser volume. Prices can be more manipulated, more manipulated in the low volume time frames like lunchtime. But on the daily chart, look at PLTR here. This is a massive move up. This is almost parabolic. So we'll see where this one's going to go. The other one we were looking at is GameStop, and this was, this was a nothing burger. We were bullish above 30. So when this came out, we never even got there. So Yeah, so really this is a nothing burger. It was on the pre-volume list. There was lots of volume pre-market, but anyway, we've just come down, hit $29.50 pre-market, came down to $28.20, which was support, and then now we're just zigzagging around. And then on the daily, a little bit of a mess if anybody trades this. We need it to pick a direction. If We need it to, we need it to sort its life out in order to find a trade. Right now I think really we'd just be risking it and guessing. But I did say that we could come back and test the previous close, which we've done that. We came back and tested the 4 and 8 EMA, exponential moving average, pushed up, but now we're just kind of doing nothing at all. So that's 1 out of 2. We didn't lose on GameStop, it just never It never triggered to enter the trade, but we did really well with our PLTR trade. All right, happy trading everyone and have a great weekend ahead. Don't forget to like and subscribe and visit us at MobyTick Trading. And if you're interested in more educational content, please leave a message in the description below. Have a good weekend.