KT_Charts

CRCL – Circle Internet Financial (IPO) Setup Grade: A • Entry: $235.84 (7/17) • Status: Active • Trailing Stop: $183.85 (2x ATR) • Setup: Right-side base forming post-IPO. Volume supporting right-side structure. Higher high after higher low. Sector: blockchain/stablecoins. • Plan: Add on breakout over ATH $98.99. Hold with strict trailing stop discipline.

GOOGL Friday looked promising: Alphabet ( GOOGL ) briefly punched above a six-month down-trend line on 1.5× average volume. But by Monday’s open the tape screamed “supply.” Here’s the quick anatomy of the cut—and why capital rotation beats hope every time. What I Wanted A clean break through 178 → trend-line flip into support → momentum push toward the 200-210 supply shelf. What I Got • Effort ≠ result: 63 M shares traded yet price closed near the session low. • RS line refused to make new highs; mega-cap peers out-performed. • The “line-in-sand” (21-EMA / 172.50) was threatened at Monday’s open. Decision Rule “Breakouts must work right away—if they don’t, sell quick.” – Mark Minervini I pulled the ripcord at 176.18, a hair below my entry, preserving both cash and mental capital. Result -1.2 % paper cut, +$11K buying power released for higher-grade setups (BSX, SMCI). Key Lesson Great trades start with statistics, not stories. When the odds flip against you—even with an 8 : 1 theoretical R:R—the right move is to recycle ammo into the next A-setup.

📉 QQQ — Bearish Setup Forming Near Highs Technical Confluence: Rising wedge structure into prior highs RSI bearish divergence (momentum fading) Volume steadily drying up on this recent move Price stalling under key resistance zone (Feb–April supply) Execution Plan: I’ve tightened stops across swing positions Trailing a PSQ buy order in case of wedge breakdown Watching for a move below ~$530 for confirmation If triggered, downside targets: T1: $518 (20 EMA) T2: $496 (200 SMA) T3: $470 (gap + structural support) Risk View: I’m not predicting — I’m preparing. Structure is extended, internals weakening. Staying nimble, ready for reversal or breakout invalidation. 📊 Feedback welcome