Simple

stock speculator, risk manager and momentum trader

[Simple @SimpleSwings]

$RGTI - And the beach ball sunk!

Stopped for tiny profit in this today (didn't feel like it) but would still take the same setup 100 times over just couldn't hold the breakout..

All part of the game, which is why i like buying undercuts instead of breakouts because of situations like this.

[Simple @SimpleSwings]

$QQQ - Update

Sellers had all the ammunition to push this lower today but couldn't.. under the hood still a great deal of strength in leaders that cannot be ignored!

examples: $ARM $SNDK $MU

[Simple @SimpleSwings]

If $QQQ doesn’t want to break that low of day we could see quite a move into close.

Plenty of stops hit I imagine and some names include me (will update charts later)

Most likely a lot of people trying to short for a break of them lows!

[Simple @SimpleSwings]

That being said if we do take out lows and sell off into close that would be a notable change short term

[Simple @SimpleSwings]

$MP: Only rare earth mine in America.

The US government owns 15% of this company.

Weekly chart finding support at previous resistance

Earnings out the way. Higher lows. Apple customer.

[Simple @SimpleSwings]

$RGTI - Feels like a beach ball underwater!

Wanted to cut this all day but just kept in the gym and off the screens.. now the chop has formed a perfect bull flag on the hourly with the MACD coiled tight.

Wouldn't be surprised if this broke out tomorrow

[Simple @SimpleSwings]

The setup was just there at the right time.

$SMR opened down on then recovered quickly and chopped into a bull flag. Swept the lows of that flag and retested the opening price (key pivot held)

Quick liquidity grab, snapped straight back. That's where I got long. $13.06. Low was right there so downside was minimal tight risk.

(higher low from the opening lows intraday)

Once it actually flipped green I sized up then the high short float did the rest. Squeezed through high of day and chasers brought back what they had sold on the gap down!

Still holding for potential continuation later this week.

[Simple @SimpleSwings]

Just 3 months into the year i had barely taken a trade while people were getting chopped up on false breakouts i was remaining patient.

This allowed me to capitalize on the $ opportunity when it came but even more important have the mental capacity for a clean edge ready to execute.

Knowing when to press the gas and put your foot on the brake is key in this game, even if it means ignoring all the posts you see on here charts, setups, fundamentals etc...

Put your edge first!

[Simple @SimpleSwings]

$SMR: Breaking out of this wedge as price gains momentum above the 20EMA with consistent accumulation volume over the past few weeks.

17% short float + inside day candle

Sold off after earnings flushing out all the eager longs, then started to find buyers after reclaiming support!

@traderstewie go time?

[Simple @SimpleSwings]

Huge breakout in $DOCU after it took its time to build momentum.. another reason not to overlook the boring software stocks in this environment!

Buyers in control, stops raised.

[Simple @SimpleSwings]

$FIVN: Marching higher!

Tested my patience this one but finally seems like that big seller ran dry.. time to not overcomplicate it and let it run with a trail.

The biggest gains come at the end of moves.

[Simple @SimpleSwings]

$RGTI almost to the penny on that pink box sweep.

Flushed the lows of the prior 2 candles, ran the stops, reclaimed.

Textbook.

This is why you review your previous trades. Perfect entry for a swing if it breaks out this week.

[Simple @SimpleSwings]

$QUBT: flushed last weeks lows on the daily chart and snapped back. Didn't spend long down there.

Market hunts liquidity before it moves. Those weekly lows sitting there are a magnet.

When price can't hold a breakdown it's usually telling you something.

That's where I got involved.

[Simple @SimpleSwings]

If you thought the AI boom was big.

Just wait until you see robotics.

$TSLA is about to remind everyone who forgot.

Patterns repeat because human emotions do.

[Simple @SimpleSwings]

$FIVN & $BTDR

Both did the exact same thing before breaking out swept the prior 2 daily candle lows first.

(its actually difficult to see unless you zoom in)

Not a coincidence. The market hunts liquidity before it moves. Those lows sitting there are a magnet.

Stops get triggered, weak hands get shaken out, and then the real move starts. This is why a breakdown doesn't always mean broken.

Sometimes it's just the setup doing what it needs to do before the breakout.

(checking business to the downside)

When you see that flush into prior daily lows and price can't follow through to the downside that's your entry!

That's where we were looking to get involved on both.

Same pattern, same result, two different names.

[Simple @SimpleSwings]

Not many talking about quantum right now because everything else is ripping

$QUBT: inside day candle sitting between resistance and the 10EMA, volume holding steady

30% short float. if this breaks out it gets explosive

[Simple @SimpleSwings]

$RGTI

Wouldn't be surprised to see it sweep into pink box

Alot of traders probably got stops there on this flag

[Simple @SimpleSwings]

I was hoping you'd tell me

Although i was looking at $CRSR a month ago but wanted to wait till earnings were out the way...

Forgot all about it now +75%

[Simple @SimpleSwings]

no blow off top on $SNDK yet

4,000% and still no euphoric gap ups

"markets can remain irrational longer than you can remain solvent"

[Simple @SimpleSwings]

The last two months were the time to swing for home runs constantly..

now is the time to mentality prepare for base hits and be more conservative.

The market has a way of taking it back from people who think they figured it out.

This isn't me being bearish by any means but I've seen more traders lose money in chop than actual pullbacks