Huge 540% day from $0.61 to $3.91⤴️ Huge 540% day from $0.61 to $3.91 for NASDAQ:ASST
Alerted to buy it twice along the way 🎯🎯 both nice wins
Also traded AMEX:GPUS
ASST trade ideas
HUGE +1,522% in 2 days from $0.61 to $9.90 $ASSTIt was clear from the very start this one will go insane because of the volume. It traded 315 million shares on first day when I posted about it. I sent out a message premarket at the very beginning of the move and it already had tens of millions of shares volume at that time.
Then the next day it got to 241 million shares, you just don't see stuff like that in regular stocks.
Awesome profits made along the way, can't wait for a new catch like that!
NASDAQ:ASST
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.
ASST 11.5RThis isn’t the best setup as I prefer entering at the low of the main range, however there is a range which has formed with fully mitigated supply areas which means it has a good chance of continuing the rally rather than filling the imbalance.
What I do like about it is the larger pattern (not visible as this is zoomed in - but if you move around you’ll see it). So this implies strong moves to the upside are realistic.
Think Like a Pro: How to Be Your Own Trading PsychologistEver Felt Like Your Worst Enemy in Trading? Here’s How to Overcome it!
Have you ever been in that moment where you're staring at the screen, and every fiber of your being is screaming, "This trade is going south," but you still hold on?
It’s like watching a train wreck in slow motion—except you’re the conductor, and somehow, you’re glued to your seat.What if you could turn that inner chaos into clarity?
Imagine becoming your own trading psychologist, mastering the mental game to transform your trading experience. It’s possible, and it’s within your reach.
The Mirror Doesn’t LieThe biggest challenges in your trading aren’t just the volatile markets or the unpredictable news— they’re the emotions that cloud your judgment. Fear, greed, hesitation, overconfidence— these emotions can lead you to make mistakes that are both costly and frustrating.
But here’s the key: the problem isn’t the emotions themselves, but how you manage them. Recognizing this can help you see the market—and your trades—in a completely new light.
The Secret Sauce: Self-AwarenessThe first step toward mastering your trading psychology is learning to recognize your triggers.
What sets you off? Is it a losing streak? A sudden market spike? Maybe just a stressful day.
Identifying these triggers is crucial to controlling your trading behavior.Once you recognize your triggers, managing them becomes much easier.
It’s like seeing a storm on the horizon—you can’t stop it, but you can definitely prepare for it.
Setting hard rules for when to step away from the screen, and more importantly, when to stay focused, can make all the difference in your trading results.
Actionable Tips: Turn Insight into Action
So, how can you apply this in a practical way?
Here are a few strategies that can help you take control of your trading psychology:
Journal Everything : Start by journaling not just your trades, but your thoughts and emotions before, during, and after each trade.
You’ll begin to see patterns emerge, showing when you might be about to go off the rails.
Mindful Breaks: Set timers to remind yourself to step away from the screen for a minute or two. This gives you the space you need to reset, especially when things get intense.
The “Pause” Button: Before entering a trade, take a moment to pause and ask yourself, “Am I acting out of emotion, or is this a rational decision?”
This simple act can prevent countless bad trades.
Create a Pre-Trade Routine: Just like athletes have pre-game rituals, creating a routine to get into the right headspace before trading can be incredibly beneficial.
This might involve reviewing your journal, setting goals for the session, or doing a quick mental check-in.
Don’t Go It Alone: Trading doesn’t have to be a solo journey. Platforms like TradingView are excellent for connecting with other traders.
Whether you’re joining a chat, reading other traders’ ideas, or commenting on their posts, engaging with the community can provide valuable insights and feedback.
Sometimes, the best advice comes from others who’ve been in your shoes and can help you see things from a different perspective.
The Result? A Psychological EdgeBy mastering your trading psychology, you can stop sabotaging yourself.
Instead of reacting impulsively to the market, you can respond with clarity and purpose.
The challenges of trading will still be there—this is the market, after all—but with the right mindset, you can turn them into opportunities.
If trading psychology has been a struggle for you, know that you’re not alone, and there’s a way forward.
By looking inward, recognizing your patterns, and applying a few simple strategies, you can gain the psychological edge you need to succeed.
Trading isn’t just about reading the market; it’s about understanding yourself. And once you master that, the possibilities for your trading are endless.
Let me know what you think below:)
ASSET ENTITIES Stock Chart Fibonacci Analysis 022224Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.56/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
