Shack 🇨🇦🏒⚾️

Hmmm, kinda think South Korea has bottomed. #KOSPI with the undercut and recovery after hitting a support gap. Bull wedge in play. Might need another day or two, but promising.

$ANRO Weekly and daily. Breaking up from an IPO base, near-term cup and handle forming above the IPO base pivot. Another strong stock in the psychedelic drug space.

$CVNA I have been reading posts where the poster is short thinking the stock is in a large H&S pattern. This seems pretty far-fetched to me. You just don't see multi week sideways action coming out of a right shoulder. I think this thing will break up and trap those shorts.

$ATAI update, probing above the handle as per the above setup.

$ATAI Weekly and daily. Handling out after breaking from a double bottom base. Cheat pivot available.

@jayhaykid Mike Rizzo should start in the All-Star Game

The only first half in baseball history that's really statistically similar to what James Wood just did this season is Shohei Ohtani last season.

@TristinHopper Agreed. Oddly, crazy attractive women too.

It's like the Yukon or parts of BC. A storybook come to life.

I am still shocked by how much I loved Newfoundland. I have a recurring dream in which I visit somewhere I've never been, and it's surreally disappointing. Newfoundland was the exact opposite; exceeding expectations to the point of feeling dreamlike.

$PSIL Emerging theme, psychedelic drug treatment. This is the ETF that tracks it. Some stocks include $CMPS, $DFTX, (nice recent HVC) and $ATAI (recently posted chart). I think it should be a focus as it emerges from a base, shown here with @Deepvue base pivots.

$BRKR Coming up the right side of a base formed off ATHs. Flagging above the little double bottom. and the 21d EMA. Health name.

@Osinttechnical 10 out of 10 for original drone design, seems a tad big though. x.com/Osinttechnical….

The crew of the cargo vessel M/V GFS Galaxy have reportedly abandoned ship after it was hit in the engine room by an Iranian drone/missile in the Strait of Hormuz tonight. One crew member is missing, and the ship is on fire.

@spotgamma I wonder if the two cant sync up with a vol crush in NDX rather than a correction for the general market. Yeah the latter scenario seems to make more sense, but the index charts look pretty constructive here, especially MAGS. 🤷‍♂️

SPX IVs are all now 10% for next week, with Monday sporting 8%. Meanwhile, NDX shows 20%s. Yes, "the weekend effect"...but this term structure is still the lowest its been in the last 90-days - if not longer. Plus, SPX 5-day RV is 8%. Priced for perfection.

$WYFI Flagging at the top of an IPO base.

$BMY Weekly and daily. Tightening up at the top of a 5 month channel.

@JohnnyGiunta_ Love that place, used to Airbnb there every year. I like that its a tad gritty. Lol

@Shack_SI Ocean beach

Not the worst view for breakfast for with Cease and Musgrove. Bury me here

$UPS Bought a few calls here, surprisingly liquid options chain. Not a ton of setups tonight, this one is one of the few in position as it pushes up out of a little base.

$ARQT update, pushed off nicely from the setup above, immediate traction is always nice. Trimmed 1/3, XBI is pretty damn extended.

$ARQT Weekend chart review came up with like 70% bios, this was one that was ready. Nice hammer off the 21d EMA and the @Deepvue base pivot, long against today's low, think it should run back to the June highs, if not the Dec highs.

$SI_F Silver futes, breaking down today from a bear flag, short via $ZSL Looks like another low is coming but if that happens it gets into a huge level of interest as annotated. Kind of think we need to see a 4 handle before bulls throw in the towel. $SLV