I was completely unfazed by the big rally last two days. The underlying risks haven't been fundamentally resolved at all. Anyone going heavy long here is truly brave. I believe that huge gap up from the open will eventually get filled, so I didn't chase the rally. I also closed my SPXU position last week and successfully avoided the big drop (really lucky!). I'd give myself a 90+ for the past few months of defensive trading.

    Hoping to get more opportunities to buy some good stocks on dips, like MSFT, RKLB, MU, TSLA. MU has been a great pick; I'm already up nearly 20 points in just one week. TSLA is still in a downtrend channel, but my position is small, and I'll add a bit more at key support levels.

    BABA is also showing a clear multi-push wedge pattern. I'll watch the data and plan to take a trade. That's one opportunity I've been focusing on recently. Due to reach limits, I won't post the chart here.

    As for what I've been up to lately, I set a goal for myself: complete $500 in daily trading profit. Intraday trading is actually quite tough, so I'm still working on it. I've been at it for a week now and have been profitable every day, but my lot sizes are very small, so I'm still far from hitting that target.

    Because of that, I've basically stopped swing trading. My long-term positions remain mostly untouched, I'll just keep buying good stocks on dips.

    I'm studying Al Brooks' price action combined with Heatseeker's options data for confluence. Heatseeker provides a great second opinion (see image 1). Options are really useful.

    My review notes are quite extensive (Figure 2) since I incorporate options heatmap analysis, so I can't present them efficiently. Does anyone have recommendations on how to share them? Or would you even be interested?

    Not investment advice, dyor

    https://www.reddit.com/gallery/1sinvrm

    Posted by North_Reflection1796

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