UA

Journey towards the unknown.

[iain @ohiain]

A -14% pullback back to the 200day after a +35% rip would be one of the healthiest things this market could do.

Everyone's terrified of corrections, but I just want fresh big bases + new leadership.

And usually the best opportunities show up after everyone's optimism gets recalibrated.

We shall see what happens!

Chart: $SPY.

[VolumeLeaders @VolumeLeaders]

$TSLA - Didn't make many friends w/ this post after #4 arrived - but such is life. Six months have passed and price is at another crossroads.

Today's rebalance has coincided with a $3B closing print ($4.5B cluster), and price parked on the #3 ranked level. Price doesn't *have* to turn back up here, but reclaiming $382 and holding would go a long way towards that.

As an aside, $KARS #2 also printed today. This ticker is pretty thin, and I wouldn't trade it directly, but $TSLA comprises about 5% of it and positioning suggests buying is more likely than selling given the decline over the last several weeks.

Nothing to do until Monday at the earliest.
Nothing near-term bullish below $382.
Something to watch.
I have no position.

3-day free trial. Full access.
https://t.co/i5V7d5Evfk

[VolumeLeaders @VolumeLeaders]

$QQQ - The dark pools were hot after hours yesterday, printing the 2nd largest one-day cluster since inception @ $5.46B...

Coupled w/ #2 from OPEX (and others), that activity is reflected in price today.

https://t.co/6htjntJORg

[UA @WhatTheMomentum]

@ohiain -8% is really a 0.2-0.3% blip in your equity curve if you size your initials just right. Sometimes even less.

That’s been my biggest lesson. Keep losses small and cut those losers fast.

[UA @WhatTheMomentum]

@AmeetRai @Deepvue And we are applying ✍🏻

[UA @WhatTheMomentum]

@RichardMoglen @Deepvue Hey @RichardMoglen sent you a DM about the application whenever you got time! Cheers

[UA @WhatTheMomentum]

@RichardMoglen @Deepvue Nice! Do you guys have plans to add more alert options? Like alerts directly on crossing 21EMA instead of choosing it at a specific price?

[UA @WhatTheMomentum]

@ohiain Would you say a similar setup is brewing in $TEAM as well @ohiain ?

[UA @WhatTheMomentum]

@ohiain Had this on radar since ~2 weeks. Your post gave me more conviction and I FINALLY got in!

[UA @WhatTheMomentum]

@VolumeLeaders $RIOT and $MSTR pls✌🏻

[Stage Analysis @stageanalysis]

New Blog Post: Market Breadth: Percentage of Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined

▪️46.02% (-7.98% 1wk)

Status: Neutral Environment

https://t.co/UDkBf1vgBo

[UA @WhatTheMomentum]

@ohiain $MRAM as well. If it fits your criteria ..

[UA @WhatTheMomentum]

@AmeetRai @RichardMoglen Let’s gooo, can’t wait to use it!

[UA @WhatTheMomentum]

@Han_Akamatsu $FSLY and $NAVN

[UA @WhatTheMomentum]

@jscherniack

[UA @WhatTheMomentum]

@jscherniack Can’t wait for those beaten down names to … oh wait they’re already at new highs🫣

[UA @WhatTheMomentum]

@jscherniack Volume kinda missing, no?

[UA @WhatTheMomentum]

@AmeetRai @ItsJust_Kess @Deepvue Oh my my ..

[UA @WhatTheMomentum]

@VolumeLeaders AMPX. why is it running up so much rn when nothing else is?