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Weekly Recap

There was an email Friday with someone saying “the strategy” that we use did not apply to them so a quick reminder. The LongVol Report PDF is not a “strategy” it’s 3 Stock Monitors with different style trade ideas:

  1. Swing Trades

  2. Left for Dead Stocks

  3. Core Holds (Turn Arounds, Special Situations)

And as a bonus each week my “Best Ideas” that make it even easier to follow….then if all of that is still not for you because you can’t or won’t do the work then there is the Swing Alerts Portfolio with the idea laid out with DITM options.

So, when I get emails like that what it means is you don’t like making money or you’re too lazy to read what is wrote here, even as quick as the Best Ideas each week.

I am not here to waste anyones time or to waste time bullshitting with you about macro data that can’t be applied to actionable ideas or wasting time discussing things that don’t matter here and now to generate profits.

We generate idea flow here that is actionable. Long or short, short-term or long-term ( like $INTC ( ▲ 2.27% ) $GXO ( ▼ 2.23% ) $ATRO ( ▼ 0.69% ) to name a few) so as a reader you can pick and choose what you like…it just takes actually reading it.

Recent AST Swing Portfolio

Here are two of the Best Ideas Last Week Reviewed

  1. $META ( ▼ 1.23% ) - Short - This was a short idea last week and I am still short this name and added into it as of Friday given the price action we saw. The flows last week were as bearish as it gets.

  1. Coinbase: Big move this week long off of the lows.

Best Ideas This Week

Inside are the best ideas for the week ahead with charts and the notes - sticking with last weeks report “Get Shorty” there are 3 short ideas and 1 long idea covered.

The PDF report will be out Sunday - these are the Best Ideas for the week ahead.

Deck is in the report so view the fundamental notes. The monthly time frame is bearish here on this name and we broke $107 which was key. As long as we stay beneath that area then this should be a short.

Below $101 triggers this short with soft-targets down at $85 then $80.

This presents a pretty BIG SHORT opportunity here if that breaks, nearly 15% and maybe more so options expression on this could turn out to be a nice trade.

Situations like this when a momentum name goes vertical I like. You get retail who just buy calls on names like this (fact) and when price flows break down the reversal on names like this get nasty in a hurry. That dynamic for me is what I like when I can find them, and this is a rare situation, so it is on my radar. I DO NOT care if this rallies $10 points long this week I AM ONLY WAITING TO SEE IF THIS BECOMES A SHORT.

If $145 breaks that’s ideal but $143 is the key. If that snaps then you are going to get a nice 2-3 day reversal on this name.

Soft-targets are $139 then $132.

$SWK ( ▼ 1.13% ) - CORE LONG (NOT SHORT TERM!)

This is in the report on page 18. This is a CORE long not a day trade - please read what the Core Section is for. I have been long this name and cut it down but may add back into this - I owned the equity and LEAP options with this name because this is a proper 6-24 month idea that is long-term. For readers here who have the larger portfolios then this is worth a look for new positioning.

I don’t really need a trigger on this because this is not a short-term trade hence no note on the chart about that.

This name broke down bad last week and the weekly chart is very bearish. The soft-targets are listed on that chart. There are a few scenarios here to consider so let’s start with the first: if we rally $720 is resistance so you watch that to see if you can get short near that area. The second, we break down to start the week in which case you can just get short into soft targets. Finally, if we gap down then there are no triggers to short.

This should be a great tech short if the markets roll over so hope that it rallies a bit to give you a chance to short this because the price action is as bad as it gets on the high time frames.

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