| Hello guys! This week I broke a new record with $49,500 in profits, sounds unreal lol but this is the reality, that's why you have to believe in yourself and work hard so you can achieve your goals, anyone can do it! Definitely happy and super grateful for that, but of course not everything is perfect and my performance on Thursday was so poor, which I'll talk about on my weekly recap. Short selling is a poor RR strategy right now, the market is too hot and shorts continues to get squeezed on this AI and Quantum names. main focus as always will be HOT SECTORS! |
| my watchlist for next week: |
| SOUN - my over the weekend play that I alerted in the chatroom on Thursday. I did a video lesson on this trade, explain why this is a 5 STARS SETUP which all of you should focus on. I'm currently hold a position from 14.18 avg with a goal to sell in the 20s, I do think it can squeeze higher than expected due to lack of overhead resistance. who knows how far this one can go? later this week if goes parabolic should be on a close watch for first red day pattern but ONLY if sets up perfectly. if you want to know why I was watching it so closely when nobody even look at it watch my video lesson I think it's very beneficial. |
| QBTS - one of my biggest winners last week in the quantum sector was a perfect breakout trader from 3s to 6s in pre-market. The company completed their ATM so I guess less dilution risk here. I'm watching for a multiday breakout pattern and I would love to see a failure near breakout and consolidation for a day or two before the real move. had a solid first green day on Friday, but at this point I want more consolidation before I'm buying. |
| RGTI - the second quantum name I'm continue watching. I took a big loss on it on Thursday when I tried to short, but my plan was terrible so no surprise. I'm watching it for another breakout with the sector. Same plan as QBTS. |
| LEAS - beautiful runner which I NAILED last week. I traded it in the 0.5 cents and made a huge % gain overnight with a big gap up to the 1.2s. Of course, will continue watch it closely for another breakout as its still holding near the highs. Low market cap in the quantum space, just be careful with overnight risk as the dilution profile is low and risky, they already did offering at $1.3 so just keep in mind. |
| BTQFF - otc quantum name that I didn't trade at all. Beautiful daily chart setting up for a breakout with all the sector. Keep it on watch for breakout as well the cleanest daily chart I see from all. Just needs more consolidation and tight RR to get me interested in buying. |
| CDIO - I botched the Perfect first red day pattern on Thursday and didn't took the dip buy as well near a $1 perfect round level. On Friday had a decent first green day so now I'm watching for a re-breakout later this week over $1.8. following the 7-step framework so keep on watch. |
| GXAI - big multi day runner from last week that faded over %50 off the highs. Should found some support in the mid 2s low 3s. Will keep eyes on First green day bounce back to resistance in the 4-5 range. |
| UAMY - was a solid single for me last week on the first red day. Had a big bounce back to highs so I'm keeping an eye for a breakout $2.2 which can lead for a big breakout over $2.5 multiyear resistance. No rush to get in, waiting for more price action and consolidation before I consider join in. |
| WKEY - solid runner from Friday with good catalyst (SpaceX) hot now with TSLA being strong. Keep on watch this week for any potential pattern. |
| DEFTF BTCS - Crypto related stocks I'm watching if the momentum in the space will be back. DEFTF like this for an otc breakout play to all-time highs. |
Posted Dec 14, 24 7:55 AMbyshon95
Received 3 Karmas
Congrats on the PR!
Hello, where is your video lesson?
@kybc1972 https://profit.ly/user/shon95/videolesson/when-to-be-aggressive-on-a-5-stars-setup-like-soun
Join now or log in to leave a comment