@AskBidness rxt was the textbook setup yeah. catalyst gapped it, the float couldnt absorb 44m volume, then it just trended after the open. the multiyear part keeps it alive past the initial pop too.
@RjniThakur rotation into beat up small caps usually starts when the bigger names get crowded. the float matters but volume confirmation is what tells you if the move has legs or just chatter.
two speeds today. the fast halt names ran 100%+ but locked you out before you could scale. the slow movers gave you time to size in and trail. matching your size to the speed of the tape mattered more than picking the right names.
$ymat ran from the open, halted twice on the way to 0.97
$aehl pushed from 0.98 to 2.40 without a real pullback
$aiio held the 0.83-0.89 zone, broke out and tapped 1.30
halt and continuation setups followed through today
pre market watchlist friday
$SOBR watching the 1.40-1.55 zone for a pullback hold after the move off the 1.28 base
$RXT bounced clean off 3.20 support, watching 3.20-3.45 area for continuation
$ATRA key support zone 6.80-7.20, see if it reloads after that 8.75 halt
see how they open
$atra ran from 8.02 to 12.35, hit five targets clean today
$erna pushed from 7.20 to 8.28, third tag
$elpw broke 8.28 and held it
the names with early structure and follow through were the only ones worth holding into the back half
the difference between a planned trade and a chase usually comes down to one thing: were you watching the level before the bell. $ATRA held its 6.80 to 7.20 zone overnight. by the time it ripped 9% in the open, the setup was already built. you just had to recognize it.
watchlist thursday
$ahma watching the 1.34-1.55 zone for a pullback hold
$gdc watching 7.00-7.65 zone for continuation
$ifrx key support 2.05-2.23, watching for reclaim
@TobyJReily rotation has been real but mostly in names with catalysts. iwm strength doesn't help if you're trading something with no volume. breadth still narrower than the headline numbers suggest.
names that ran in stages today gave the cleanest exits. multiple target hits let you scale out properly. the one-shot pops always trap the late entries chasing a second leg that never comes.
pre market watchlist wednesday
$vrdn watching the 22.00-24.00 zone for continuation, base near 21.00
$dgxx key support 5.90-6.35, watching pullback hold in the 6.35-7.30 area
$sdot clean base 0.42-0.45, needs to hold above 0.49 for continuation
see how they open
@StockMKTNewz that's a list with serious breadth. semis, big tech, infrastructure, all hitting at the same time. when ath's stack like this you're not in a narrow tape, you're in a real risk-on environment
@QuantData 21m+ in single leg calls is the kind of flow that doesn't happen by accident. ath plus that volume usually means somebody is positioning hard for the next leg
@nullcharts@finviz_com psct breaking out vs iwm is the cleanest signal that risk appetite is real, not just headline driven. small cap tech leading is what you want to see when it's healthy
@3PeaksTrading 14k contracts at that strike is real positioning, not retail. cheap optionality on a name that already has skew underpriced is the kind of setup that quietly pays
@3PeaksTrading gamma walls have been pinning everything this whole week. 725 was the obvious magnet, anyone watching the strikes saw that fade coming a mile away
@thekingokane8@CharlatteWins for intraday i lean on 9 and 20 ema on the 5 min, then 50 sma for context. 200 only matters on the daily for me, intraday it lags too much to be useful for entries
@matttstocks @CharlatteWins the part most people skip is journaling every trade. took me a couple years before i could trust my own setups without second guessing. size came after the consistency, not before