12/15 DRC

 Market is a tight spot still. Could consider it pulling back overall, big picture, we keep buying dips why not once more.

Not a lot of longs out there, but things are breaking out. Lots of good moves, some still lagging a bit but maybe ready to move today.

Some good shorts too, beatdowns are turning around and other names starting to pop again, might be time to see some rotation in the market again.

Not a ton on the watchlist which is good, I will be able to manage my swings well and not have to give up too much focus from daytrading to do so.

NFLX DDOG BA UAL PECK COHU AZEK VRM


UAL

Weak open, straight flush, lost all levels. Building under others the same, coiling super tight ready for next move. 

Momo entry, others helped as did SPY, Gold follow up with increased vol. 

Up 3R will keep win if comes back on me. 

Got to whole number big bid and broke easy. Other airlines continue. 

Got just short of new LOD but held well under 46 for a while, took half when it got back above. Holding rest for 9ma and TL to come into play, seems well overdone already but context is there  for bigger moves so must hold out. 

Getting tight again, clearly in play with TL and 9ma will be deciding point soon. 

Got above but didnt see pop higher, able to hold and wait, sellers didnt take over again right away so all out as it got above mini pivot.

And then of course I had to bail before it did get stuffed lower. 

PECK

Very slow name, very nice structure. Big bid sitting holding us up, trying to get in.

 Sitting above vwap and old bo level, just under new big bo level. Could be huge pop. 

And got the fill, big bid still holding, will be my stop.

Market still weak, QQQ selling off pretty hard, but slowing down. 

Market sold off hard, PECK broke the bid, exited tiny loss. Might be re entry. 

UAL

Might be getting reset. Market recovered well, Airlines started to, but now failing sitting under levels again. UAL back under vwap right at HTF bo level. Will wait for it to sit, getting late in day need some good action. MAs and levels v clear to downside. 

Nope



Fairly quiet day. Not too much happening. Decided to have big sell to start the day, then recover all of it and rip to new HOD. Odd, but stayed away and got in the one good trade I saw, no problems today. 


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