2026-02-18 · 3 min read
A qualitative run-through of every trade from 2026-02-18: setups, thought process, and outcomes.
The day started with some interesting movement in the healthcare sector, particularly with WGRX, which gapped up and showed some early strength. I was looking to capitalize on that momentum, targeting a potential long entry off VWAP. I got in around $10.50 as it pulled back to VWAP, which was holding well at that point. The tape showed buyers stepping in, and it was encouraging to see bids holding up. I managed to exit for a small gain, around $10.75, which was a reasonable exit given the action.
Next, I took a position in LRHC, which was trading thinly, and the volatility was evident with a high rvol. I entered long at $17.20 after it broke above the opening range. There was some solid volume backing the move, but as it approached $17.50, the sellers started to show up aggressively. I cut the position for a small loss at $17.00. The stock had a tough time holding the breakout, and it was clear the sellers were heavier than I anticipated.
RXT caught my eye next, especially with that significant gap. I was looking for a gap and go setup, so I jumped in at $8.40 as it pushed up initially. The tape was choppy, and it didn’t take long for sellers to come in. I got out at $8.20, which was a decent decision considering how quickly the momentum faded. The volume was high, but it felt more like a fade than a continuation.
I noticed that SNSE was getting a lot of attention, especially with its extreme rvol. I took a washout long after a steep drop, entering at $5.60 after it capitulated. There was a nice bounce off the lows, and I managed to exit around $6.00 as it started to show some strength. The buyers were finally stepping up, and I was glad to catch that reversal.
CDIO also offered some opportunities. I entered at $4.80 after a solid pullback to the 9ema. It held above VWAP nicely, and I was able to exit at $5.00. The tape felt strong, and the bids were holding up well, which made it easier to ride that move.
Overall, I had some decent trades today, but the market was a bit choppy. I was pleased with my execution on entries, particularly the washout long in SNSE and the bounce off VWAP in CDIO. I need to be more cautious with names like LRHC and RXT, where the selling pressure was much heavier than anticipated.
What I did well / What I did poorly: I executed well on the washout long in SNSE and the bounce off VWAP in CDIO. I misread the selling pressure in LRHC and RXT, leading to unnecessary losses.
Trading grade: B — good execution on entries but mismanaged some exits against heavy selling.
Looking to refine my approach for tomorrow.
Trade charts
Selected notable trades (by P&L) with time-of-day vs price (entry → exit).
SNSE 09:03:02 – 09:05:06 — P&L $+108.45
RXT 08:37:08 – 08:37:55 — P&L $+188.18
LRHC 08:08:42 – 08:12:20 — P&L $+120.75
LRHC 07:55:10 – 07:57:13 — P&L $+183.33
WGRX 07:45:46 – 07:50:33 — P&L $-96.19