Transcription
What's up everyone? All right, so in today's episode, I'm going to break down my trades from the morning. I am sitting in the green up over $32,000. Yesterday was a $39,000 green day. Today's a $32,000 green day. Boom. In 2 days, I'm up over 70 grand. This is amazing.
Now, we've got some momentum. As a reminder, all of yesterday's profits were donated to the Navajo Nation. I donated to three different hospitals that service uh people that live on the reservation and I also donated uh I guess it was 25 or 30,000 $30,000 to the Navajo water project which is working on providing access to clean drinking water for people that live on um the reservation. I am out here in the southwest visiting and um I this is something that I had been wanting to do and so anyways um I talked about that a little bit more in yesterday's live stream which was really fun. Thank you guys who tuned in live for that broadcast. I you know haven't been doing those um in a number of years on YouTube although I do stream every day for members of Warrior Trading. So, I was pleasantly surprised to sit down today and see continued momentum. To be honest, I didn't think we would. I thought yesterday was going to be like a one hot day and then it was going to be back to being cold. That's kind of the way the market's been.
Um, I thought, you know, if we could get a headline, you know, a another space company, you know, that seems like we're getting some definite sympathy momentum leading at a SpaceX IPO. So yesterday we had um the stock that I traded in the morning during the live broadcast that actually ended up going up to over $30 a share. This thing is unbelievable. Uh well maybe not 30 but 20 $25 a share. So I traded during the live stream down here when we had this headline. Um and you know it just it made sense. It's a space stock and we've got SpaceX coming up. So, that had a good catalyst, had a really nice move. But what we also know is that yesterday we had um AMSS, which made a huge move, but it was on no news. This went from $3 to 16 bucks and then came back down to four, right? You look at that chart and it's like, jeez, that's kind of, you know, a huge pop and then all the way back down. It had no news yesterday, so that was a little suspicious.
Now, as the day went on yesterday, um you ended up having ATPC that popped up. Currently has 37 million shares of volume. This began moving after hours. Squeezes up, drops back down, squeezes back up, drops back down. So, this one um right at 7 a.m. we did get a pop on it and I was watching it, but I sort of hesitated. I was not sure it was really going to work. I I saw this descending resistance line and then I saw this fivem minute pivot right about here and then another one which is the high of this candle right around here and I just I wasn't sure it was going to be able to get through those levels so I left it alone. Anyways, it did end up squeezing up a bit but I didn't trade it and I'm okay with that.
So let's see. So where where are we at here? So these are the three stocks I traded. Um so interestingly the first stock was NCT. NCT hits the scanners and like AMSS there is no news but this is also a Hong Kong company and I'm thinking man this feels very risky. I don't know if I should break the ice on it and I just I really wasn't sure it was going to work. I was very like I just don't know about this. Um so this is the chart here. Uh, and I did end up breaking the ice on it. And I got a couple of trades. So, I let it go quite a ways without me. It squeezes from, you know, down here, $34 all the way up here to a high of 650. And then, do you see how there's that topping tail and it dips back down? Well, that right there actually presented as a micro pullback on the 10-second chart. And so although I may not be staring at the 10-second chart while I'm trading, in fact, what I'm really looking at is the level two, um these those topping tails, um this is what it looks like on the 10-second chart. And so it pops up, it pulls back, and then boom, that's a dip. And so that was one nice trade. So on my first trade on it, I made $9,000. And I was like, boom, there we go. Awesome. I think I got filled about 15,000 shares. So, I didn't get a full dollar a share, but a decent trade nonetheless. It then drops back down, goes sideways right through here, and I tried to get back in right around here, and I got in and got out, and I lost 1,000 bucks. So, I was like, all right, well, you know, it is what it is. Then, it drops down, and uh we had this consolidation right around the volume weight average price. And I actually got in a little early down here at about 565. I I pulled this up and I noticed um on the one minute that the MACD was about to flip into the green. And it flipped into the green um right about here on this candle right there. And so I jumped in even though it was under the VWAP. I jumped in there um not with a big position, but it ended up working out nicely. And so we got that nice squeeze back up and I made about $6,000 $5,000 on that move back up. So, that put me up 14,000 on NCT. Not bad. Pretty good day.
Next trade was WGRX. WGRX does have news. They had a headline that they came out that um they've announced a lockup agreement with holders of a majority of its common stock. So, lock a lockout agreement is what we're going to be talking about with the SpaceX IPO. Insiders have a period where they can't sell shares. It's a lockout period. And so, that's good. That means there'll be fewer shares sold into the market and that's going to affect the supply demand equation. There'll be less supply which means even with a moderate amount of demand the stock can go higher. So when it first popped up I you know I was like okay I see that headline. Um that's interesting. I I wasn't totally sure about it. Um but it it made a big move. So it pops up here. It dips down and then I got in right here for this pop back up, but I only got a partial fill. Then it dips down again. It pops back up and whatever. I didn't keep trading it because now we've got these two topping tails and I I just wasn't sure. So, I only made about $1,700 on that one. The issue was I did a uh I think it was four maybe 6,000 share orders, 2,000 share hotkey. I got partial fills on them and then I didn't want to chase it and so I just left it as that and so I got I got a dollar a share almost but just not a very big winner. I only got filled about 1,700 shares.
And then the next stock was SPRC which is a stock kind of known for failing and rejecting. I've traded this stock a bunch of times. It doesn't usually do well. And so it's an Israeli company. It first hits a scanner and I'm like h I don't know. Receives regulatory approval uh for an acquisition. I don't know, you know, I really wasn't sure that that was that big of a deal. Um but the stock starts squeezing and so on this one, it ends up going here from four up to five, up to six, up to seven, up to eight, up to nine, and up to 10. And you know, it was kind of unbelievable. And look at this rejection candle right here. So, this thing just kept moving higher. So, if I back up my trades on this one. So, let's see. So, this was my first trade. My first trade was a little scalp for the break of 10. Just jumped in and out, made $382. Nothing big. Then I got back in for a dip trade. Um, and that was right down in this area here. So, I got a nice little dip trade down here. It pops back up, got some profit, and then I added back at 960 and got more profit up around 10 right there. So, that was a nice trade. And then I didn't trade it at all through this area, but then I got back in right up here as it starts to pull away. And all of a sudden, I'm like, man, this thing is moving quickly. The only problem was we were seeing some topping tails. So, it would squeeze up and then drop back down. Nonetheless, um I was able to pull about $16,000 of profit out of SPRC, which was definitely more than I was expecting. And I traded it all the way up to about 915 right here at the open. No trades. Halts down, halts up. Very volatile. Whatever. Didn't trade it. Left it alone.
And and that's it. Um and of course, I'm on Pacific Standard Time here. So, um right now it Well, I'm 3 hours um earlier. So, I had to get up at 3:45 this morning to trade starting at 7 Eastern. And that's what I've been doing these, you know, this week, just getting up really early. Um, and then after I finished trading, I've been going and taking a little nap, which is a little bit of a different schedule, but um, but it works. And, uh, I'm certainly glad that I got up this morning because if I didn't sit down till, you know, right here at 9:30, well, SPRC, that was done. NCT, that was done. Uh, rolling over. However, we do have mass that started to pop up. So, this was a little bit more of a grinder, though. Now, look at this move here. Look at this squeeze into a halt opening and then this dramatic false breakout. H So, you know, I guess I left some money on the table. I kind of knew that I probably was leaving some money on the table today, but I walked away with some good profit in my pocket. And this has now um you know, really improved um the month quite a bit. These just last two days of course. Um so now all of a sudden the month of May is looking really good. The end of the PDT rule is a week from today. Uh the SpaceX IPO is like two weeks or so out. I mean we're we've we've got a couple of interesting um things coming up that um are well SpaceX IPO is already showing increased uh volatility in some of these small cap companies with um headlines you know around space. So, I think this is all good.
Um, now for those of you guys who've been tuning in for a while on YouTube, just watching from the sidelines, it seems like this would be a really interesting time to do a two-eek trial. Uh, you'd be able to capture the SpaceX IPO. And, uh, so there's there's kind of a lot of stuff going on here. So, whether you start it today or you wait till Monday, it's, you know, either way. But, um, I'll put a link in the description for the twoe trial and I look forward to seeing you guys in the chat room. Let me give you a reminder as always that trading is risky. My results aren't typical. And you've got to manage your risks by always practicing in a simulator before putting real money on the line. So, take it slow and I'll see you guys back at it first thing tomorrow morning.