Got it! I’ll update that.
Trading Plan for February 19th
Objective:
The goal for today’s trading session is to capitalize on early morning volatility, identify potential breakout plays, and execute strategic entries and exits based on volume, price action, and key levels. The focus will be on panic dip buys, volume confirmation, and watching for key support and resistance levels.
Pre-Market (7 AM - Open)
• TRUG – Watching for a strong open and potential early morning momentum (“Way Cool Juniorâ€). Looking for a solid setup with volume before making a move.
Morning Session (Market Open - 12 PM)
• ADTX – Watching for a panic dip opportunity. If it overextends downward on high volume, looking for an entry at key support levels for a potential bounce.
• EBTV – Needs volume and actual movement before considering an entry. If volatility picks up, this could become an opportunity.
• BSGM – Looking for volume confirmation, but expectations are low. If volume comes in, will reassess for a possible play.
• EDBL – Watching for a spike or breakout. Not chasing if it’s already running. If an entry is made, keeping it small. If no entry before the spike, waiting for it to come back down for a potential VWAP reclaim. Selling before it reaches VWAP.
• NCPL – Watching for volume to determine if there’s an opportunity.
Afternoon Session (12 PM - Close)
• GLYC – Key level to hold is $0.30-$0.305. If it maintains support and has strong volume, there’s potential for further upside. If momentum builds, it could push toward $1. Watching price action closely to confirm strength.
Conclusion
The focus for today is to stay disciplined, avoid chasing spikes, and wait for ideal setups with proper risk management. Volume confirmation is key for all plays, and patience will be essential in executing trades at optimal levels. Keeping an eye on momentum shifts and potential midday opportunities (“Noontime Nuggetâ€) to maximize gains.
Execution will be based on volume, price action, and key support/resistance levels, ensuring smart entries and exits throughout the session.
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