Apr – Jun 2025
Nick SchmidtPublished
Result
+55%
Entry
$88.78
Exit
$137.86
Hold Time
11 weeks
Market
Early uptrend
On my relative strength list during the correction
30-week moving average still rising while the market was selling off
Leaders beginning to act different, strong moves that hold instead of fading
One of the most aggressive weekly candles off an increasing 30-week
Sat at the top of that weekly range quietly for two days, no signs of sellers
Buy on strength with tight stops, early cycle does the heavy lifting
Case Tape
Bought at $88.78. Pushed higher decisively off increasing 30-week, sat at top of range quietly. Tight stop, has to work right away.
Follow-through day confirmed. Market cooperating.
+27%. Continuing to work.
Earnings. Down 8% after hours. Expected move was 13%. Held. Recovered by Thursday.
Action feels laggy, failing to move higher.
Sold at $137.86 for +55%. Closed the trade.