Good morning Pete,

I’m revisiting some of my recent trades to see if they look attractive.

#URBN

This has been doing well overall for the past 2.5 years. I had this trade from 12 Dec – 06 Jan, getting out before it started to pull back. It’s pulled back for past two weeks on slightly higher than average volume.

Friday had a green candle on…

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Good morning Pete,

PM – short

Bullish trend broke in Sep, currently bearish for the past month.

SMAs not in harmony yet – SMA20 is below SMA50 and SMA200, and it looks like SMA50 will cross below SMA200 late this week or early next week.

News: Barclays lowered target price from 155 to 145. Benzinga reports short percent of float has risen…

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Good morning Pete,

IRM – Short

Real Estate has been bottom for past two months.

IRM has been bearish for past two months with sideway action during holiday. Currently in two-day pause with bullish activity but lower highs and lower lows and with below-average volume.

Moving averages are in bearish harmony.

Currently sitting at support around…

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Good morning Pete,

<div>GGAL</div>

Financial sector slightly bullish for day/week, bearish for month. GGAL mostly bullish for past year, faster growth since Aug. Currently in 3-day pause at ATH on slightly below-average volume.

Recent moves 8-10. Risking 3 for reward 9.

Entry: 73.62 / Stop: 69.28 / Add: 80.1 / IPT 86.64 / ATR: 3.24

Good morning Pete,

<div>EAT</div>

Consumer Cyclical near bottom for D / W. Third highest (but still bearish) for M. #EAT has been bullish for past year. Current run since Oct without hitting profit maximizer stop.

Recent moves 11-12. Currently near ATH, slight resistance at 142.5.

Currently in 2-day pause on average volume. Waiting for good…

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Good evening Pete,

I have a question about chart reading, primarily regarding a pause or pullback and how to interpret melted green candles during a pause.

A good example is recent activity with ALAB. A pause started on 16 Dec, followed by a melted green candle which closed near the open, then another red candle on 18 Dec. A similar pattern…

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Good morning Pete,

AS

Consumer Cyclical top for day, bottom for week. Even so, AS has been bullish since Aug 2024, green last 6 months, green week, green past two days.

Recent moves around 5, current move just under 3, so definitely not a great entry (better entry was 27.90 on Thursday). Looking at this as a two-part trade. Risking 1.35 for…

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Good morning,

JEF

Capital Markets is not doing well overall, but JEF is one of three stocks which has been in steady bullish trend for past 6 months (others are GS and IBKR).

Currently trading in box between 74.25 and 82.30 for past month. 82.30 is also ATH. Last week’s move was $6 and has paused for 4 days. It’s too close to resistance to be…

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Good morning Pete,

I haven’t found anything I consider to be a great trade, probably due to the end of year activity. I’m choosing to wait for a day or two. Some I’m actively watching are Restaurants and Computer Hardware, both groups for shorts.

Computer Hardware – STX and WDC.

Both have been declining, short pause/pullback on lower volume. …

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Good evening Pete,

This morning on the game plan you briefly mentioned trading BA today because it had dropped $9 at one point. The 5-min charts show it would have been a good day trade. I was looking at it as a long-term swing trade option (more than one month) and was not sure exactly where the entry point should be based on today’s…

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