2026-02-04 · 3 min read
A qualitative run-through of every trade from 2026-02-04: setups, thought process, and outcomes.
The day kicked off with some solid movement in healthcare, particularly with FEED. I took my first position at 3.48, looking for a bounce off the VWAP after it pulled down and showed signs of support. The tape was encouraging; bids were holding up, and I was able to exit with a best price of 3.60 and an average of 3.55, netting a profit of $386. It was nice to see that setup play out as expected.
Next up was ELPW, which really caught my attention. I entered at 1.74 in a classic 5-min opening range breakout, and it was a strong move. The stock gapped up and was trading with good volume, which added to my confidence. I was able to ride it up to a best exit of 2.33, cashing in for a solid $1,517 profit. The action was fluid, and the volume behind the move was impressive, confirming the strength.
I took another stab at ELPW shortly after, this time entering at 2.22 in a sub VWAP trap. The entry was extended above key levels, but given the momentum from the earlier trade, I felt it was worth the risk. I managed to exit at 2.34, with an average of 2.29, bringing in another $301. The stock held up well despite some choppiness, and I was able to capitalize on the bounce.
Then came a misstep with ZCMD. I jumped in at 0.8443 for a scalp trade, but it didn’t play out. The stock was sluggish, and sellers were aggressive, pushing it down. I cut my losses after it failed to hold above key levels, exiting at 0.7599 for a loss of $341. It was a reminder that not every setup will work, especially in a thin name like this.
Overall, the market had a strong showing in healthcare and industrials today. ELPW's high relative volume and the action in FEED were standout points. There was a good rotation into these sectors, and it felt like there was a lot of buying interest, particularly in the medical devices space, which helped fuel those moves.
What I did well: I capitalized on the strong momentum in ELPW effectively.
What I did poorly: I misread the tape on ZCMD and held too long.
Trading grade: B+ for execution on the strong trades, but I need to be quicker to cut losses.
Looking forward to tomorrow's action.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
ZCMD 11:09:27 – 11:15:02 — P&L $-341.08
SNDK 10:16:37 – 10:40:00 — P&L $+278.77
ELPW 09:47:29 – 09:48:11 — P&L $+300.57
ELPW 09:36:07 – 09:47:07 — P&L $+1517.21
FEED 09:30:29 – 09:30:54 — P&L $+386.33