Monday Update 7/06

Insider Buys 💰 + Whales 🐳

Today was an easy day for me. I hope it was for you as well! I played the Inside Bars in RDDT and ZETA. I set my scale out sells and took my daughters out for errands and some fun (both hit their 🎯s). No stress because my confidence in the charts was high! It’s nice to not have to stare at the screen all day. I also had buy limits on the dips on SKYQ and RZLV. Both buys executed.

I hope your day was good as well!

The Newsletter Current Positions Table will be shared in the Paid Section.

Let’s look at some BEAUTIFUL follow-through!

Weekly Calls went > 80%, 8/21 Calls went 25%

Thank you for supporting this newsletter through ❤️ and ♻️. Algos need that input.

It hit its target… understandable that it would stutter a bit.

SNOW was shared last week (still holding a few). It is an interesting Broadening Wedge with 2 Bullish Engulfing candles in a row. This could show nice follow-through. However, my 7/17 expirys are threatening me w/ Theta Decay so I won’t hold too long.

The Relative Volume Scan Still Showed Strength in Health

The flow into Health Tech remains notable.

Inside Bar forming (it is still very early in the week)

The above QQQ chart is one of the most important in the market 👆🏼. It will help us to determine if there is just a rotation going on or if there are more bearish days for the market ahead. Right now, I’m viewing it as rotation and I am not forcing Tech or Mag7.

I recommend looking back at Newsletters and recent trades. Literally write ✍🏼 down your learning. Writing it, in hand, locks in the learning because your brain is more involved. I created a Journal on Amazon

🗒️ None of my charts are a plan to jump in blindly. They are all binary conditionals; trigger + confirmation + 🎯= 🏆.

• My Plan is shared here

My Top 8 For The Week Ahead 🗓️

Note: 🎬 = I have no position yet. 🔁 = Newsletter is currently swinging

If you’re looking for more charts, check out my X Feed (Link).

🎬 GILD — Gilead Sciences, Inc. 💊

Thesis: Falling Wedge Breakout.

The overall pattern is still looking good. It re-tested the Key Pivot Level and found support over that (128.7). As I’ve shared in here often, it is very common for a stock to sell if it has been up in Pre.

News (more news was shared in the Weekend Newsletter):

• PT Upgrades today (7/6/26): HSBC upgraded GILD to Buy from Hold, raising its price target to $155 (from $133). Cantor Fitzgerald also reiterated an Overweight rating with a $155 target the same day.

  • No, I don’t trade off of upgrades. But, it is interesting they both shared 155 on the same day 🤷.

Key Levels:

• 🚨 Trigger: 128.70 support holding, continuation > $131.58 (Thursday’s high)

• 🛑 Stop: < $128

• 🎯 Targets: $137.50 → $142.38 → $146.71

My Plan: 🎬 8/21 140 Calls

Subscribe to see my Top 8. Discord is solely for a trader community (link below). I provide 3 Updates a week Weekends, Mondays, Wednesdays. Included in the subscription are all my Candlestick Courses, Thread Updates, and a link to my Volume Journal.