$RZLV - light volume day. I still think small cap stocks are waiting for FOMC to try to gauge how the new FED chair will handle business. Best chance is rate remains unchanged (expected). The real impetus will be what he signals for future anticipated liquidity & money supply.
$RZLV - the most narrow the weekly Bollinger Bands have ever been since SPAC IPO. It's getting primed for a move in some direction. Volume has been relatively light since earnings. Potential is there. Will the market reward it?
$RZLV - same playbook today since FEB. Walking price back down after morning pop. $2.40's and even $2.20's in play for next week. Markets should firm up direction after FOMC and June OPEX. Weekly BBands still squeezing. As Tom Petty would say, "The waiting is the hardest part."
@HeidingOut@retard3dinvst0r $AAOI - ...which gives you a lot more flexibility than someone starting a new position last week. If I were up nearly 100% on a position, I would take a small hedge as well with this volatility. That's positioning prudence.
@HeidingOut@retard3dinvst0r $AAOI - index futures gapping. If it holds through the morning, I could see AAOI hitting the $190's - $200 tomorrow; but FOMC & June OPEX are always wildcards for bigger than normal moves up or down. Readers might forget that you hold this ticker from the $90's (if I remember)...
$CRDO - note that point of control on volume profile since 6/01 (earnings date) is $226. Anchored VWAP since 6/01 sits around $231. Pullback today on market up day unpleasant, but not wholly unexpected.
$CRDO - considerably strong in a temporarily weak market. This could really move when the market indexes regain strength. It keeps making ATHs in the middle of this market selloff. Morning pop, then afternoon selloff, rinse repeat.
@HeidingOut $AAOI - mighty close. Closed at $169.05. Option sellers for the win this week. After OPEX on 6/18, next largest open date is 1/15/27. Tells a little about the positioning. FOMC on Wednesday and OPEX on Thursday will be 2 big market catalysts. Buckle up.
@HeidingOut $AAOI - a possible explanation at least for today's price action. 6/12 was the second highest Options open interest date behind 6/18. Max pain with the most Calls and Puts expiring OTM is to pin price at $170 today.
@StonkChris $CRDO - one of the reasons I like Credo is because it is the 2nd largest holding by percentage in the Russell 2000 ($IWM). If IWM keeps popping, Credo should follow suite.
@matthughes13 Can't wait. Everybody's technical analysis will be right for at least one day. Day 2, everybody gets to start arguing. By Day 3, people can start the "Didn't I call it" posts.
$ICHR - has anyone seen what Ichor Holdings has been doing in this market pullback? New ATHs today. Up almost 500% since NOV '25. $94.51 looks to be the next target. That's the 1.618 linear fib drawn off of the APR '21 highs and AUG '25 lows.
@YusufSheik8419 $HIVE - for comparison, WULF and HUT went about 1100% & 1300% from APR '25 lows to recent highs before this last pullback. Hive went about 285%. Back to a waiting game.
$HIVE - go Hive and Buzz. Is this finally the start of something much bigger? I still think this is one of the most overlooked small cap Data Center plays available.
@YusufSheik8419 $HIVE - we may have to wait until after FOMC and June quarterly OPEX for Hive to reverse. It's still making lower highs and lower lows. No reversal yet. I still think it is as quality of a AI/Datacenter play as HUT & WULF at less than 10X the marketcap.
@improve93 I haven't jumped in yet. Still have my orders down around $148. I am not convinced that market weakness doesn't persist until after all the option hedges roll off after June Opex - one week away. I just don't see $AAOI going down to $116-$120.
@improve93 Stay nimble in case you have to close. Some fairly big order block zones starting in the $148 area and I would expect the $129 area to be very strong support if it gets there. Stock still in an uptrend since FEB earnings. If indexes reignite after June OPEX, the path is upwards.