Below are several trade ideas for your watchlist. Please note I’ve kept these notes brief and actionable so you can quickly identify the key levels as they hit. I have included some charts to make the data more relatable.
Recent weeks post have had several strong performers, such as:
ASTS: 74 to 130
FLY: 32 to 62
NOK: 12.4 to 16
RBRK 60 to 78
ORCL: 160 to 250
CIFR: 18.5 to 28
USAR 19 to 30
Alert management is crucial. I suggest setting alerts on your brokerage platform for the key levels you are watching in advance (not just for these ideas but also more generally it is a good habit)
Furthermore, please ensure you set stop losses when entering any trades. I always recommend a strict stop-loss strategy to manage risk; this could be 1 ATR (Average True Range), a violation of prior support (such as a horizontal level or key MA), or simply the daily low. The post below goes into more detail; be sure to give it a read.
As always, this is not financial advice and I may or may not hold positions in these names; however, I do provide live updates in the respective channels as always (Trades on Discord only, Investment Accounts on Substack and Discord).
I will include a couple of charts here highlighting recent trades to better demonstrate how to use the levels featured below.
ASTS: Entry on SMA 200 reclaim of 72, stock is now 112 (went as high as 130) The arrow shows entry point.
FLY: Entry on IPO AVWAP re-test and hold at 32, (Arrow shows entry point) Fully exited this at 61.7
OUST: Entry on EMA 20 re-test and hold. Stock is now 39 from 30 entry (went as high as 49) The arrow shows entry point.
USAR: Entry on SMA 50 re-test and add through reclaim. Stock is now 28 from 19 entry (went as high as 32). The arrow shows entry point.
Trade Ideas plus summary table below:
Semiconductors:
