The whole world stared at one stock today. We were busy somewhere else.
Today was the last day of our 72-Hour Payday Blitz, and it landed on the loudest market day of the year.
SpaceX went public, the biggest IPO ever, and every screen on the planet locked onto that one ticker. While the crowd crammed through that one door, the good setup was sitting wide open in a name nobody was watching. Nokia.
I hopped in live, straight from the French Riviera, and told the room exactly what I saw.
This is a clever trade. Very clever.
Nokia is in a strong uptrend, and it built that wedge lower, the Wall Street ironclad pattern these guys run time after time after time. The strength turned into weakness like a jack-in-the-box that squeezes lower, and now we have busted out, pointed at the all-time highs at $17 and more.
Here is what I love about it.
You are getting in on a wick, right at the 21-day moving average. Even if this were a totally green candle I would still want in, because the chart is talking.
I am aiming at $16.22 first, then up toward $17.15 at the highs. When Mark ran his volatility math, his number landed in the exact same spot as my chart read.
The options were cheap on top of it.
They cost about 77 to own, but Nokia has been moving closer to 107. So you are paying a discount on a stock that moves more than the options are charging you for, which makes it even more appetizing to a trader like me. The stars are lining up here, the chart, the flow, the cheap options, and I think this one is a home run.
Here is the part people do not know about us.
Everybody knows Trade to Close for the wild close-bell trades, the fast ones with your heart in your throat. The kind of stuff that produces 90% wins in two minutes.
But Nokia was a swing trade, and that is a completely different speed. You set it, you let it work over days, and you cash out when the plan says to. No staring at the screen for the final ten minutes.
That is what today was really about. We save the fireworks for Monday through Thursday.
Friday’s are about the patient setup you can put on, walk away from, and let do its thing.
That is the side of the room I want you to see.
A system you can actually run, on the names the crowd forgets while it chases the headline.
The Blitz is over, but the room is open every day the market is.
Pull up a chair.
Come trade with us on Monday in Trade to Close.
Rock On,
Voz