The presenter reviews two premarket trades: ETHU, a 2x leveraged Ethereum ETF, hit his $11 target and netted roughly $0.50 profit; PLTR missed its bullish setup at $72.50 and now shows a potential short below $67.50.
Chapters
Hey there. So let's have a quick look to see how our day trades worked out. So we had called out two stocks this morning. One was ETHU, which is a two times Ethereum ETF. We'll have a look there. We were bullish above ten fifty with the target around eleven dollars. So let's have a look at that. We called here pre-market at about six a.m. or something. This green line I marked an entry point, $10.50. We had called this out way back here pre-market. So if we break $10.50, then it's game on. And then we had a nice run-up to $11, and then we peaked out around $11.20 and then started breaking down below. So there's $0.50 there. That's a really good move if you're day trading, especially on a $10 stock. So we're retracing a little bit. We might come back down to the open here. And then if we look at the daily chart on the right-hand side, that's really neat. This is a meaty portion of the trade. To capture if you're scalping. The other one that we were looking at was PLTR, and we were bullish above 72.50. That didn't quite happen. So what happened here is we had a rounding top here, mushroom top, and it bombed out. And so what we were looking for is to break below one of these moving averages on the daily. So we were really below 67.50 or something for the short trade. And so any of you that were scalping could have scalped it anywhere here. It had more of a bullish upswing that we were looking at. So anyway, one out of two. We didn't take the second trade, but the first one, it's nice fifty-cent profit. All right, don't forget to like and subscribe. We're doing this every day, and we'll be posting our results. All right, we'll see you in the next video.
