Urkel
@SteveUrkelDude
Trend-based short/mid term swing trader. Big on Technical Analysis. Follow price & trend, ignore noise.
Share opinions only, not financial advice.
370 Following 47.6K Followers
We were looking at a $QQQ drop to $682 area when we covered charts and downtrends during last week's workshop.. landed right near $682 and bounced today, this is going to be a MAJOR pivot next week, it terms of broad market structure.
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Me, to me, all weekend:
"If we gap down Monday you are buying out of principle alone"
Serious question,
Y'all buying stuff today?
I haven't, been fighting the temptation all day..
Saturday prep notes - understanding trend + structure is SO important. Easy to get caught during bounces like we saw earlier this week.
Had ZERO dip buys this week, stayed cash heavy - looking forward to the opportunities on the other side of this.
HAGW fam, rest up!
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This is where understanding a relief bounce vs a trend change will save you.
Serious question,
Y'all buying stuff today?
I haven't, been fighting the temptation all day..
Been cash heavy for weeks,
Sold lots of swings recently, some dropped another 20-40% (ie IREN, CRWV).
Cautioned against chasing this week in a downtrend environment/structural breakdowns, staying patient > paid off - ready to take advantage of drawdowns & start accumulating 🙏🏽
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@SteveUrkelDude Seriously bro. Thanks for all the guidance 🫡
QQQ down nearly 4% today.
These are KOSPI numbers.
UGGGGLLLYYYY
Didn't the Intel $INTC CEO buy $10M worth of shares at $95 recently?!
I presume he hadn't been to a Board meeting for a while 😂
Giving my wife a portfolio update
This earnings week was awful to say the least,
$GOOGL $INTC nuked, so did lots of others, $AMZN & $MSFT holding up great.
Next week: $AAPL & $PLTR on deck Monday.
$SHOP $AMD $UBER $CRCL $QCOM $AMC $ARM $EOSE $KTOS +, lots popular ones.
Make it stop 😂
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Lots of earnings already this week, but the action only picks up and gets busier from here.
$HOOD $SKHY tonight
$MSFT $GOOGL $NOW tomorrow
$INTC $AMZN $SNDK Thursday
Just to name a few.. BUCKLE UP!
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This is where understanding a relief bounce vs a trend change will save you.
Lots of earnings already this week, but the action only picks up and gets busier from here.
$HOOD $SKHY tonight
$MSFT $GOOGL $NOW tomorrow
$INTC $AMZN $SNDK Thursday
Just to name a few.. BUCKLE UP!
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That was fun - marked an intra-day bottom Thursday and we bounced - then gapped up & rallied at open this morning..
Shall we do it again next week!?!?
Buckle up, we’re about to rip higher.
(Will delete if wrong)
Joined the Tesla family this week after I picked up my Model Y - waited 5 months for it and it was worth the wait.
Love the car, love the features and love FSD! Can’t believe how smooth and accurate it is. $TSLA
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Michael Burry might be the grumpiest bear of all time
Michael Burry is leading a group seeking to block the construction of 25 homes uphill from where he lives in a tony Silicon Valley town, per Bloomberg
$QQQ taking another stab at a potential higher-timeframe breakout..
Very nice week, full of opportunities!
Started buying dips & re-accumulating, started a new swing after a couple weeks of trimming during previous rallies - looking forward to a break, and then preparing to do it all over again.
If you struggled - come check us out!
HAGW!
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Once again,
Markets rewarding buys at smart money / demand zones. I shared these levels with members all week. Spent 2 weeks trimming rips - started buying dips this week.
Rinse, repeat. Time after time - Consistency 🤌🏽
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Some wonderful reversals, rips, breakouts this week, and as the action is evolving - new breakout setups are emerging too.
Should be a fun weekend plotting out a new watchlist & focus list- endless opportunities in this (annoying) market!
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Absolutely nothing more resilient than yields in this market 😂
$VIAV a beauty this week -
Big breakout, out-performer. Beautiful setup + follow through. $42 > highs of $48.50 today, one of our top setups this week.
