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These notes were generated by AI and may contain inaccuracies.
Ricky with Techbook Solutions provides a quick market update after a successful LPP live trading session. Watch live trading via the second link in the description.
Took profits on MSTZ, a double leverage inverse ETF that moves opposite to MSTR. Not recommended for beginners. MSTR consolidating above major support range. Wish could hold position longer for full sell-off, but consolidation led to giving back profits previously. This time took profits at support. If retests higher, will reopen short on MSTR by going long MSTZ.
Walked away with $5,500 today, following $5,000 yesterday.
Do not copy trades. Shorting or going long on double leverage inverse ETFs carries greater risk. Shares ideas to test if they pan out, not for agreement.
Bitcoin forming lower highs and lower lows; direction looks bearish. Stubborn support at $66,000-$67,000. As long as it holds, MSTR (dependent on Bitcoin) can sustain.
If Bitcoin breaks support and retraces to $60,000 lows, MSTR could retest previous lows of $100-$105 per share.
NASDAQ recovered and consolidating, likely to retest support. Testing slight resistance at 620 for QQQ; possible overbought reversal with another leg down.
CPI report this Friday. Drop thumbs up for live stream.
Market skyrocketed pre-market then gave it back. Discussion in LPP session.
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