Trade Ideas & Watchlist: Week of June 22nd
Weekly Trading Ideas: Actionable Cheat Sheet and Current Trading Positions Included. A must-read if you are interested in high risk-reward entry points in leading stocks.
Below are several high-upside setups for your watchlist. Each offers a compelling risk-to-reward profile with clear triggers for action. I have also attached my current trading positions.
Format for what is covered in this weekly preview:
Alerts and stop-loss information
Recent examples showing how to use the Trading Ideas post
Trade Ideas
Summary Table
Current trading account positions
Top 10 Large Caps by Technical Strength
Please note I’ve kept these notes brief and actionable so they are easy to apply in practice. I have also 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
IREN 52 to 61
ORCL: 160 to 250
CIFR: 18.5 to 28
USAR 19 to 30
The following post highlights recent trades plus more commentary:
Alerts
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).
Stop Loss
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 practical detail; be sure to give it a read. The ATR is included in the Summary Sheet at the end of this post also.
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).
Recent examples showing how to use the Trading Ideas post
I’ve included a few charts below highlighting recent trades to demonstrate how to use these levels.
ASTS: Entry on SMA 200 reclaim of 72, stock is now 112 (went as high as 130) The arrow shows entry point, we exited at a weighted average of >115.
FLY: Entry on IPO AVWAP re-test and hold at 32, (Arrow shows entry point) Fully exited this at 61.77, weighted gain +74%.
IREN: Entry on SMA 50 re-test and hold. Stock 61 from 52 entry. The arrow shows the entry point.
OUST: Entry on EMA 20 re-test and hold. Stock is now 46 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 went as high as 32 from entry, trimmed at 30. The arrow shows entry point.
Trade ideas, a summary table, and current trading positions are included below:
