All right everyone. So there we go. Thousand bucks. First hour not bad.

Enjoy the recap. We've got some good trades. damn Fu VCG IX and Km Si. Those are the three that I was watching and as always questions comments leave them right down below.

Alright everyone, so here we are. It's 10:00 a.m. I am done trading for the day. So 30 minutes of trading one thousand, three hundred, seventy seven dollars and 32 cents.

Not bad at all. Interestingly, today, the biggest winner was on a stock that had no news. You know this is kind of the funny thing with the market. Can Si and CGI X were both on my watch list.

CGI X I made 320 on can I say I made 31 on. So these two if we look at the watch list pre market I'll go here a time frame historical day and we'll just run this for 9:25 A.m. So 9:25 A.m. Cgi X was the leading gap or 1.7 million shares of volume.

One point six million share afloat. it's a former runner. It's a stock that I've traded in the past I've done fairly well on has room up to 720 the 200 moving average. but pre market it already had a high of 680 and was starting to pull back and I think one of the things that was really driving this one higher was the fact that a Rav had made this really big move pre market similar.

but then a Rav started to sell off and so CGI X right out of the gates kind of followed suit and sold off as well. My one trade on it I only took one trade and my one trade on it was right here for a break over V web on that false breakout candle I made three hundred and twenty bucks. so I got in at 5:03 The high of this candle right here was 511 and I thought they broke 511. Look at this thing.

talk about whipsaw. So 540 a is the hall level, so that's squeezing out some short sellers so well maybe I'll stick around to a couple more trades, but got to be careful because that just dropped from you know, trip from 420 up to 520. So if you're getting in right here, you know where's your stop? back down here. I mean mid point? It's just a lot of risk.

However, the open price here is or the high a day is 589. So now I'm thinking all right, well maybe there'll be something here I would say that what is happening right here. It's very simple. short sellers are getting squeezed out.

That's all this is. This isn't a strong long setup. Yeah, it's a break of view app, but you don't buy a stock at five dollars that just bounced from 420, it's way too extended. Now this right here this my entry at 500 503.

This was a good quality setup. It popped up to 592 520 I sold at 5:15 and 5:17 because right now I'm focusing on taking base hits all right. So I took my base hit I figured I'd get back in if it breaks over 520 and then it flushed here all the way down to 440 and I was like, well, you know what? That's exactly why I'm taking base hits right now because sometimes you just can't trust these stocks. So nice base hit on that and you know as this rips up here and turns around I Would say at this point now that it's halted, the setup would be: does it resume higher or lower Now it was 6.2 million shares of volume.

it probably will open I don't know I mean it. I'm not sure that's gonna open a whole lot higher. They often with this amount of volume open fairly flat Because you have so much volume, you're not gonna have a huge imbalance between supply and demand. But if it breaks over 5:48 a break of 548 and then a quick rip up to 589 the high of day here, that's what I would look at, but be mindful that we've got very clear resistance on the daily chart right here at 7:20 So I mean we still have a ways to get to that level, but that's the spot to be to be in fluff.

So line just put this over here for one second. So that was so we have that trade on CGI X right here. So made three hundred and twenty on that one and then my next trade was let's see or might actually let's go back to the watchlist. So CGI X right here this was the first one ara V and then K an essay.

Alright, so let's go back to K NSA Okay, so can I say right here. this one is up 19% right now at a twenty and it's kind of sad because it had a pretty nice pre-market chart. It looks really good for a break over nine. The bell rings and it sells off, but as it curls back up on this red to green move I Jumped in for the break of nine.

Okay, now this was a little risky as well and so I took only a thousand shares, it pops up to a high of 940 and I sold half my position and then it drops right here down to 820 and I ended up stopping out as it dropped down and making only thirty one dollars. So I was kind of offended by the stock by such a ridiculous drop. So then I wasn't inclined to get back in it right here because I just felt like the stock already slapped me in the face once. I I don't need to go back for seconds.

That was Knsa and then Fuv wasn't on the Gap scanner. Fuv just hit the hide a momentum scanner right here. It was just ripping up and when it first hit at 250, I was like yeah, I don't know, you know what? Let me just go back. So it first hit around 262 50 only hundred thousand shares of volume I was like I This one's not gonna get me this.

this looks like a trap and that was sort of down in this area here and it moves up a little bit. There's like this little by rating thing. this isn't really a strong catalyst though. so then it rips up to three and I'm like alright, the 200 moving average is at three.

that's resistance. but I said if it can break three and and break 310 I'm interested. So before I took the trade I told you guys three tens of spot where I'm a buyer. You guys know before I'm taking these trades.

Why? I'm getting it. it hits 310 right here. it pulls back and boom I'm in right there. So I jumped in right there.

it rips up to 310 318 and let me just keep an eye I Want to watch this CJ xoc Gix The halt time on this was 1004 and 29 seconds. so resumption should be 1009 and 29 seconds. So we're about 30 seconds from resumption so we'll switch over to that in one second. So on fuv I got in it 3:10 out at 3:15 I got back in at around 3:20 out at 328 I got bit back in at 347, back out at 3:50 and I just kept getting in and out.

and now see Gix so let's watch this for a second. So if I take a trade on this, I would only trade with new 500 shares. So let me just take this down to 500. So I don't want to ruin a good day.

So I'm gonna put my order up here at So let's watch this for a second. I need to wait for a first first pull back. We might double top against the pre-market huh? against the high of 89. So here's the thing that didn't really give a pull back.

you know what I mean like and now look at that. drop back down to 577. So this is me exercising the muscle of discipline I love seeing this momentum. but I have to be disciplined at how I'm going to train it.

The high a day is now 35 so over 35 is a set up but that feels like I'm getting in something that's really extended so it feels like the risk. there's a little too high so this is going to be one of those trades where I'm gonna end up most likely missing up and we'll see as it pulls back. Now over on the one-minute chart. you know, does it hold this level? Do we get a break of the the pre-market high which is 680? Do we get that rip up to 7? You know? let's let's keep an eye on it.

If I was being really aggressive, I could have just certainly could have just punched the buy button, but the open was 548 so we didn't open higher. We opened about flat and then it ripped right to 60, 70, 80, 90 And just like that I mean look guys, look at can I say let's just look at that for a second. This is what can happen when when you chase a stock. If you're the person who bought this at 9:30 9:40 that next candle can't happen.

So you always have to be thinking about risk when you're thinking only about profit potential. You know that's not really trading as much as it is gambling. and I say that you know from having a lot of losses where I was focused, you know a hundred percent on profit potential and not thinking about risk and a trade like that with 2,000 shares I could have easily just given back my full thousand dollars of profit on Fuv drop fifty cents or two thousand shares. That's it.

So the high of this current candle is 6:15 So generally on this I would say okay, if it can break over 6:15 you know that starts to look interesting looking at the volume profile. We have light volume on these two red candles. right now. this candle is gonna close in four seconds with a high of 6:15 So 6:15 generally speaking would be a possible entry.

Let's see what it does. So that's a false breakout right now in a short below six with a stop at 6:30 But I would be hesitant on hitting it to the short side because it is so close to pre market high and it looks like it might rip up so this is kind of grinding. It didn't give a really firm breakout on the first one-minute Campbell to make a new high so then I would probably say well hi a days 35. So I'm just gonna move my order up to 35.

so I'll jump at 35 and my target would be a quick break of the half dollar. So I'm in at 31. but see, just like that guys, that's how quickly that can happen. And I'm okay with that.

35 was the high, but you know? so I'm gonna have to stop out below 50 if it doesn't bounce off this level. So this is the example of a trade where you know, thank goodness. I'm mitigating the risk with small share size, but it didn't end up giving that quick resolution and it went the other way. So in this type of scenario, I'd watch to see if it bounces back up towards 6.

Maybe I can get out at 6 for $150 loss, but definitely a hard stop at the half dollar. So I'll take my loss there. Whatever. but you know this is that that type of situation of it's a false breakouts a little extended and so you mitigate that risk with smaller share size.

Now if I had gone in that with 2,000 shares right there I mean that would have been really devastating just just in the matter of you know, 3 4 seconds like that I would have given back my home Warning: a profit. So this is a trade where I would say there was an opportunity but the risk was higher. Mitigate the risk was smaller share size so you don't face the you know potential loss of giving back your entire morning a profit giving back $300 off the top I don't love that but I can live with it now. of course here you know, grinding back up a little bit but that red candle is gonna be a tough one to recover from in my opinion because it's I mean it's just like this one here and so it's a red false breakout candle on high volume.

so the only place the short seller would set their stop would be at the high. So now that's up at 6:43 and you know, after my first loss I'm usually hesitant to go back into a stock. So like Knsa, I had the loss and I was like now I don't want to go back into it on this one now I've got that first loss. so I don't really want to go back into it.

Do I really want to get right back in at 6:31 having just lost 300 bucks, you know it just doesn't feel super good to Do that. So I'm just gonna leave it alone and call it a day. but in any case, happy with a thousand dollars. It's still a great day.

It's twice the daily goal trading with two thousand shares I basically got 50 cents per share on Fuv and then kind of small chop breakeven trades on Knsa and now I'm CGI Yahoo's but all's well, that ends well. So I'll be back at it first thing tomorrow morning and hopefully we see a continuation of this momentum because this is definitely giving us some really nice opportunities. It's great to see. All right? I'll see you guys in the morning.

Hey, did you know that? I Go live every single morning between 9:00 and 9:15 to stream my pre market watch list, subscribe to the channel, press the bell for the alert and you'll get the notification.