Den Gamle

momentum trader, trading breakouts and news catalysts since 2023

103% return in 2024

[Den Gamle @CtradingF]

The fucking goat

[Kristjan Kullamägi 🇺🇦 @Qullamaggie]

Thought @ericjackson was done reputationally and career wise when $OPEN well from $5 to $1.70.
Yet here we are with stock coming back and CEO resigning.
"Feels" like this story is not over yet.

[Den Gamle @CtradingF]

@Chart_Guy I think you missed this little thing in the bottom right

[Den Gamle @CtradingF]

What a huge green dildo candle. I think this shit will fade next week tho

[Den Gamle @CtradingF]

Most retail crowded breakout going, will it hold?
I aint buying.

$OKLO

[Den Gamle @CtradingF]

@AlertsAndNews Fucking retard

[Den Gamle @CtradingF]

Holy fade $IREN

[Den Gamle @CtradingF]

An update on CRCL:
Well the setup didnt really fail in the way i thought it would, allthough it certainly didnt give any outlier returns either. Most wouldve taken profits on this and moved up the stop which wouldve netted maybe 2 R´s. This is what happens in an extended stock in a kinda extended market, the failrate of new setups significantly increase.

[Den Gamle @CtradingF]

Some general thoughts on the market right now:
Every market leader from q1 is either breaking down
( $CRWV, $CRCL, $HIMS and a few more) Or is extended
(Pretty much every other leader) This leaves few oppurtunities in the markets for outlier gains in the coming month.

[Den Gamle @CtradingF]

Though some might think that $CRCL is building a classic VCP this is for me a broken chart: Lower highs all the way and trading under overhead resistance. Although an eventual breakout might work (Beacause everything can happen in the markets) this is a very low probability setup for me if newsflow or market sentiment doesnt pivot in the near term.

[Den Gamle @CtradingF]

@mmonis And NVTS? Both semis but not quite peers. i wonder why they are pumping.

[Den Gamle @CtradingF]

@plevchen crazy

[Monis @mmonis]

Not many texts talk about price magnet - Al Brooks' books do.

Concept is important. I can see liquidity as a magnet from Bookmap.

There is an edge if you understand the concept

[Den Gamle @CtradingF]

The only kinda liquid enough, nethier broken nor extended sector im looking at rn is AI. Kinda in play with the $NVDA china news but the volume is lacking in the more speckulative names ( $PDYN, $GRRR, $AI, $SOUN). The speckulative leader $BBAI recently lost the 10day and this next week will be crucial to see if the sector fails or wakes up again. What we do have is some nice looking weekly bases.

[Den Gamle @CtradingF]

Summer is generally a slow period in the markets and this time is no different, There have been excellent opportunities last month in crypto and space names with the A+ outlier setup in $BMNR aswell, but now it all seems to slow down. Quarterly shift is a real thing and i think the markets are taking a breather before the Q2 earningsseason picks up next month

[Den Gamle @CtradingF]

Första dagen i infront och man får se en sånhär åsna.... $MBBAB

[Den Gamle @CtradingF]

@EternaLEnVy1991 Why tf are you in a pod with @kelanfar

[Den Gamle @CtradingF]

@kharal_milan Do you have discord?

[Den Gamle @CtradingF]

@mmonis What News source do you use?

[Den Gamle @CtradingF]

@EvilShorting Have a reset bro, reevaluate, come back stronger.

[Den Gamle @CtradingF]

@InvestorsLive The goat