$AMKR Oops Reversal
$UMAC Oops Reversal
$ASTS Oops Reversal
If you understand what Oops Reversals are and how to trade them, you're having a great day.
Knowledge is money.
$AMKR is one of those can't miss names imo.
Very high risk, but tried some options here. Below it's got the daily 8, the 21, and the trendline break to help support it.
$SMH at the 8-day.
These names all have weekly setups and showed relative strength yesterday.
$ONTO $MCHP $AMKR $AAON $TER $INTC
I’ll be looking to buy these into the current pullback.
Could be today, could be a few days. Markets will determine that.
Only name moving north in my port right now is $ZEC.
Weekly looks great. Daily is really starting to get some volume.
As 99% of crypto fails, $ZEC continues to get volume and move higher. Nice hedge against this weakness.
Keep a close eye on the $DOCN daily chart.
When trying to judge the strength of the market and trying to determine if it’s safe to add new positions, it’s important that market leaders don’t fail breakouts.
If this move fails, it’s a massive red flag.
You have to be mentally prepared to lose unrealized profits in a strong market..
Everyone wants a big winner, until its time to actually sit and hold through the short term pain.
if your stock is doing nothing wrong.. you have no reason to sell.
If you end puking up too many positions at the lows, without them giving you a real reason to sell... when the markets starts turning back up your equity curve will be lagging.
Focus on zooming out...
-Daily
-Weekly
Smooth out the noise, and understand that pullbacks in a strong trend are normal.
If you want super performance, you have to be able to sit even when it hurts.
Guys look at the $SPY monthly right now.
Nasty uppercut and reject of last months highs.
Pretty bearish, for now. But, this market is incredibly strong and very likely going higher.
You have to be careful and pick your spots wisely. Be intentional about how you move forward. Let this pullback settle.
Don’t be in a rush to get involved. There should be a lot great setups moving forward. Just relax, be careful, and wait for your spots.
So you’re telling me that the guy on X whose entire trading strategy is to full port into one stock over and over again ISN’T actually a good trader…?
There’s literally no way
I’m genuinely shocked
If only there was a sign
I’m personally team Kevin. Rooting for him
Watching him take people’s money is actually fascinating
Love a good entrepreneur story
The biggest scam ever sold to the average investor is to “buy low sell high”.
You hear it as a kid. It’s on movies, TV shows etc.
If you want to make it in this game, get that thought process completely out of your head and never think along those lines again. You have a 0% chance of outperforming $SPY with that mentality.
Replace it with: Buy high, sell higher.
$BTC acting exactly like it should.
What happened? The weekly bear flag bear flagged.
People are getting equity market fomo and pulling crypto funds to sink into the market.
Equities will benefit.
$BTC will continue to be punished for underperforming.
There will come a day when $BTC is a great buy... but that day isn’t today. Not with equities ripping face.
Patience.