Deepak Uppal

Very excited to share the US stock investing championship final standings, and humbled to be part of this group of traders. Congratulations to @gov_gajjala for an amazing return!

As the market gets frothy like this, I like to remember a quote I heard “it’s not how much you can make but how much you can keep”. Good time to tighten stops and/or sell into strength.

During this difficult time in the market it’s important to keep your psychology positive. Remember this volatility will lead to an opportunity in due time. Focus is to see what stocks are holding best as those will be where opportunities will arise from when conditions change.

Been watching $ALAB it looks nice if it can break $190 with some volume. One to keep an eye on. It broke the down trend line and has been consolidating in a tight channel for a few weeks. All MA’s are also close together.

A few nice snapbacks this morning need to see how Qs react and if they can comeback. Looking at $APP $RDDT $GEV $CIEN All look good if market can turn green.

There are some good looking pivots out there just waiting to go. Very tight action. Some I am looking at $PLTR $RDDT $POWL Hopefully will go shortly after fed.

POWL and PLTR both doing well. Need RDDT to get in gear which it might after a undercut of the last two days lows

Been watching $ALAB to break its down trend. It looks interesting here as it washed out weak holders today and reversed strongly. One to watch if it can get over $182.50ish.

So far the market likes the cut and Powell presser. Some sticks making moves out of pivots. $POWL $TSM $RDDT Tomorrow will be the real tell on how the market feels about the cut and comments.

Looking at BTC again here is the trade setup. You can even buy a token buy today around 88.5k with stops in place. Good action so far as long as yesterday’s low holds.

If you are looking to buy bitcoin, you want to see how this test works against the prior low from 2 weeks ago. If bitcoin puts in a higher low, it can be bought using the higher low as a stop. Need to watch the action over next few days. After a steep plunge prices, usually snap back and then come back to test the prior low without breaking it.

Ugly day, with momentum names getting crushed. Will need to see how the next few days go. It’s just been that type of market hard to gain traction for too long.

Yes not a good trading environment, I think we will get better opportunities in the fall.

Saw some reversals today off the highs in stocks as well as the index. Time to tighten stops and tread lightly based on action. Selling into the pops.

The markets act well today, I feel we are in the final innings of this move from April. This may be the final push before we digest this huge move. Teller volatility in many names has been huge. A tell could be when we see junk names start moving big.

Guys I will presenting at the @traderlion conference today at 1:30pm EST. Hope you can join! Link below to join: youtube.com/live/XMumLeABt…

A great book to read if you are trying to improve your trading and want to change your bad trading habits.

We are getting a pullback this morning and will need to keep a close eye to see how deep the pullback goes. If we see the market snap back quickly in a few days it tells us there are many buyers who will look at this as an opportunity to jump into the market. If that happens we may see another leg up heading into end of June early July. Keep an eye on the leaders for clues. I’m following these names

It’s been very hard getting any traction last several days. Looks like market/ stocks have made a big move off lows and now isolate struggling to go higher. This could be a warning to take it easy especially if your account is telling you the same.

I am going to be doing a presentation as part of the Trader Lion Confrence again this year and am polling to see what topic(s) you would like to learn about during my talk. Please reply below. @traderlion @RichardMoglen