Leif Soreide(@LeifSoreide):Calling it early, but yesterday changed the character of this tape. $MTUM gave a clean pivot at the 50-day with $STX fresh off a double digit run. Nine times out of ten that setup is a buy, and it imploded. Now shorts have the ball unless things flag and reset properly. A failed textbook entry is the tape telling you the odds just changed. The edge is recognizing it fast and adapting. I'm letting the new character show itself before I re-engage meaningfully.

Leif Soreide

@LeifSoreide

US Investing Champion 2019 | Momentum/Breakout Stock Trader | Founder of Champion Team Trading | Think Beyond The Pattern | *Not Investment Advice

Joined March 2016

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Leif Soreide@LeifSoreide

2026.08.18 23:41

Calling it early, but yesterday changed the character of this tape. $MTUM gave a clean pivot at the 50-day with $STX fresh off a double digit run. Nine times out of ten that setup is a buy, and it imploded. Now shorts have the ball unless things flag and reset properly. A failed textbook entry is the tape telling you the odds just changed. The edge is recognizing it fast and adapting. I'm letting the new character show itself before I re-engage meaningfully.