ASST: Trade write-up / 07 MayDaily Time-Frame Context
1h Chart
ASST gapped up over 300% pre-market on news of transitioning to a crypto holding company (a strong hype theme).
Despite being in a long-term downtrend, ASST had a history of prior gap-ups in 2023–2025.
Highest daily trading volume (HDW) ever recorded, with 80M shares traded pre-market.
Low short interest (0.5 days) and a relatively small float of 10.9M.
5-Min Time-Frame Analysis
Pre-Market Action:
Gap-up to Jan’25 highs, followed by shallow consolidation to the rising 8 EMA and VWAP (1h 8 EMA)
Opening Price Action:
Price posted a failed breakdown setup, finding support at VWAP, Jan’25 highs, and the pre-market base.
Selling volume remained low, while reversal volume showed substantial buying interest, with most bars closing at the highs.
MACD signaled bearish posture during this reversal, hinting at potential upcoming consolidation.
Mid-Day Movement
Price reached a mid-day top with increased selling volume, reduced buying, bearish MACD, and flattening short-term EMAs.
Pullback Phase
Price pulled back for 4 hours to early morning support (Jan’25 highs, pre-market top, morning reversal), with gradually decreasing volume, indicating drying-up selling interest.
Pullback had a textbook three-wave structure with ideal Fibonacci proportions.
Consolidation and Breakout
Established a solid consolidation at the key support zone, featuring:
Several shake-outs
Buying volume dominating selling
Sequance of higher lows formation
Inside bars prior to breakout
MACD turning bullish
Possible Entries
Aggressive Entry:
Failed breakdown and V-shaped reversal with an 11% stop at LOD.
Ideal Entry/Aggressive add-on:
After the shake-out/inside bars sequence on low volume, breakout confirmed by bullish convergence of EMAs and VWAP. Full stop could be placed bellow higher low.
Active Uptrend Phase
Price respected the 8 EMA during the active advance phase, pausing only during halts.
(!) Gradually increasing buying volume without a sudden spike - a sign of steady buying rather than stop-loss coverage.
Noticeably lower selling volume compared to buying volume.
Price approached the next significant daily resistance zone at Jan’24 highs - a potential profit-trimming target.
Swing-Trading Thesis
Strong crypto-related hype (becoming a crypto holding company).
Crypto sector showing relative strength since the market top and recovery phase.
Price maintained above key short-term moving averages into the close and post-market, supporting the bullish case.
Bitcoin pullback and altcoin breakout setups further enhance the thesis.
Smallcaps
$OBLG #OBLG BUY ALERT FOAT IS LOCKED, $17.6+ then $60+ INCOMING!NASDAQ:OBLG #OBLG NASDAQ:OBLG My name is Landon Wogalter & this is the next NYSE:GME #GME NYSE:GME / NYSE:HKD #HKD NYSE:HKD type move, I am also the reason that NASDAQ:CHSN #CHSN NASDAQ:CHSN went to $44 that I called & locked the float from <1.80 & called for $30+, & even emailed the company in August 24’ stating that their stock would see $30+.
Oblong price targets are as follows:
17.6+ , 60+, 150+, 2900 past 404< #FLOAT IS #LOCKED THERE IS NO OTHER SET UPS LIKE THIS ON THE MARKET AND NEVER HAS BEEN. #ZERO #DEBT OBLG wants #parabolic (This is not promotion nor/or financial advice😘) I’m your daddy forever & ever.
US2000 Small Caps DANGER!Fully formed rising channel ready to collapse.
-Where do I begin with this chart? Wave 3 up ending.
-Multiple Double Top (Daily time frame and 4 hour.)
-Head and Shoulders
-Multiple CRACKS already in place.
-Consolidation at the bottom of the structure
All screaming DANGER to bulls!!
The IWM is sitting at critical support!!!On Friday, the IWM broke through a multi year support line (beige) and closed below a multi year parallel channel. Thankfully, it found support at its 200 day MA. If the IWM cannot recapture the inside of the parallel channel this week and confirms a close below the 200 day MA - watch out below. This should be on every one’s watch list this week because where the small caps go - every other risk asset will follow!!!
Crypto Miner CLSK longterm patternBullish "march" if all factors hold true?
ie NVDA look weak-ish.
Falling yields would be nice.
Trump told his crypto team to investigate BTC reserve question within 100 days. That's now around April.
www.investing.com Markets pricing 1st rate cut around June.
Look into longterm macd potential.
RUSSELL 2000 at 200 day SMA#TGIF. A simple chart to end the week. The US Small Cap index Russel 2000 its just hovering above its 200 Day SMA on the daily chart. Every time this happened in the last 1 year it was a bullish indicator in a medium term. The 50- and 100-Day SMA are below the 20 Day SMA which is a short term bearish indicator.
NVTS TRADE UPDATE - Massive upside potential...STILL!NASDAQ:NVTS UPDATE 💾
The H5 Trade is still intact...for now. We are at an inflection point in the markets and although I believe we get a big bounce higher soon nothing is concrete.
If we do get a bounce and what I believe will be a blow off top in this bull market then this name base on the setup will do very well to start blasting through these profit targets.
- H5 indicator is green
- At volume shelf
- Higher low
- Already successfully retested falling wedge breakout area.
- Broke out of downtrend
-Volume gap to fill
-WCB is formed and thriving
When companies break out and successfully retest it is common for them to consolidate above the breakout area to create new support before continuing higher
Don't make buy/ sell decisions based solely off price action, have a strategy and follow it so you don't get burned up in the massive swings...especially on volatile stocks. This name has given me 70% gains off the initial breakout and after we loaded back up off the retest.
Not exiting this name unless my strategy indicates a correction or crash in the markets is upon us or my strategy tells me to exit this name (Red H5 Indicator/ Break of support on WCB).
NOT FINANCIAL ADVICE
$NVTS Ready to Soar! 200% UPSIDECHARTURDAY - NASDAQ:NVTS
ALL SYSTEMS GO!
-H5 Indicator is GREEN
-Broke out and successfully retested falling wedge and downtrend
-Volume shelf with GAP
-Weekly Hammer candle
-Williams CB thriving
A break over recent highs is VERY BULLISH!
🎯$6🎯$7.62 🎯$11
Not financial advice
Psychedelic Stocks About to Trip! 100%+ UpsidesPsychedelic Stocks About to Trip! 🍄
RFK Jr. has been named the top health official in Trump's administration, and he's known for his stance against big pharma and preference for natural products like psychedelics. This could be a game-changer for psychedelic stocks!
In this video analysis, I dive deep into the potential impact RFK Jr. could have on key psychedelic stocks: AMEX:CYBN , NASDAQ:CMPS , NASDAQ:ATAI , and $MNMD.
These stocks are poised for significant movement, and you won't want to miss out on the insights and strategies I share. Not financial advice. 👇
GNS - A double up?AMEX:GNS just announced they were upping their Bitcoin treasury. This piece of news could be a nice catalyst for some upward movement.
Chart looks bottomed out on the monthly and weekly. Looking for a bullish fair value gap (FVG) to be created on the weekly chart.
Mapped out my trade on the 1D timeframe.
-Bullish FVG was created on the daily and tested
-nice hammer off the FVG
-has some work to do to get through those bearish FVGs on the daily.
Targeting $1.50 and $1.70.
Going to buy a few hundred shares and let this play out.
NVTS - 50% already, 300% more to go! Massive 2025 StockNASDAQ:NVTS 💾
A top 5 trade for me right now!
We are up a massive 50%+ since we called this name out for a breakout retest then move higher. We got exactly that friends. It's a massive move but what if I told you that this move pales in comparison to the overall 300%+ move I see coming over 2025! Buckle up this is going to be a wild ride friends.
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of downtrend & falling wedge in which we hit our first profit target and now we successfully retested the breakout and bounce higher! I bought more shares/ options this past week.
-Sitting on a volume shelf with a lot of room to run!
-Williams CB has created support and formed!
🔜🎯$4.65🎯$6🎯$7.62🎯$11.17🎯$12.29
⏲️Before May2026
Not financial advice.
FREY: Possible Short Squeeze Playing Out?This popped today on my scanner. Skimmed Jan 17 5C while it was under 0.05c. Buying under 0.02 and selling at 0.04 or above. Worked into a nice position which is mostly covered by the profits. The stocks been beaten down with some bad reviews. I would like to see it run up to at least 2.85$. It would have been a better entry Friday but I don''t think its to late to enter now. After hours Mark is 0.075. Use limit orders as there can be a spread.
NVTS - The next Explosive Small Cap?! 300% UpsideCharturday #2: NASDAQ:NVTS 💾
A top 5 trade for me right now!
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of downtrend & falling wedge in which we hit our first profit target and now retesting the breakout. I bought more shares/ options this past week.
-Sitting on a volume shelf with a lot of room to run!
-Williams CB still forming, if we continue our bounce into this week we will have a form Williams CB
🔜🎯$4.65🎯$6🎯$7.62🎯$11.17🎯$12.29
⏲️Before May2026
Not financial advice.
$NVTS - Presenting a buying opp. before it's massive 300% move! NASDAQ:NVTS
As I said from the beginning, this name is going to be a bumpy ride, but I believe it's presenting another buying opportunity as we pull back to level 2 support at $2.90ish, which is also where the 9ema and falling wedge retest area are. I'm not concerned because we haven't started moving big on the IWM yet, and until then, most small caps won't move unless they have a catalyst.
-H5 Indicator is GREEN
-Searching for out support to create our Williams Consolidation Box officially
-Two separate volume shelfs below.
Everything is still intact; you just have to be patient.
NFA
$FUBO UPDATE! We may be primed for a BIG BOUNCE! NYSE:FUBO
-Staying patient and believe we may now be going for a triple bottom before we have our large move to the upside as you see on the daily chart below.
-Weekly H5 indicator is still GREEN
-We are also on the floor and green bounce area on the williams r%! Which to this point you've see what happens when we get there
-I'm not concerned because we haven't started moving big on the IWM yet and until then most small caps won't move unless they have a catalyst.