Sold: TOST all 1000 shares @17.51 for small profit. ROKU all 300 shares @ 89.83 for small profit Still holding SQ 300 shares
Weekend Review. SPOT, GENI look okay but the ark universe looks risky right now. There is a collapse potential for a shakeout retrace to the previous multiweek low. OTH it could rally from here. Although some could figure out a R:R ratio that makes sense, I would say better scenarios will come through later, either on a pull back with a mini climax, or a break out for momentum-> overshoot, or breakout and pull back. Will attempt an exit on SQ near BE for a small profit and go 100% flat. If the market seems it goes like this for the next few months, (Breakout, retrace, consolidate), then I will adjust tactics to taking overshoots and quicker profits. This next week or so will probably be a good indicator with the reaction to earning, regardless of the actual earnings.
Weekend Notes: IRDM all shares, GTC for BE placed. Earnings on 2/15 HOOD No orders; will watch action. Best case BO to 11.70. Will take top of range overshoot, or wait for continuation next day, if vol seems on track for > 8 mil/day. Still trying to get a feel for HOOD. ZOOM broke down back into weekly range. Sub 60 is bottom of range. Since Sept 22' this range behavior has been going on, i.e. long in tooth. ARK took a position mid range. QCOM, TSM and SPOT are all candidates for next week.