RDDT is Ready for Take Off! Heading to $400+NYSE:RDDT Reddit has been my favorite stock to own and trade since its IPO in March 2024. I have held shares, sold options around the position, and watched the stock repeatedly respect the same broad ascending channel. With RDDT once again approaching the lower portion of that channel, I believe the chart is setting up for a potentially important move. The bullish case is there, but the breakout still needs confirmation.
## The Long-Term Structure
I am looking at RDDT on the weekly logarithmic chart. Reddit does not have decades of price history to study, but we now have enough data to identify a meaningful structure. Since the IPO, the stock has formed a rising channel with several clear reactions along its lower boundary. Buyers have repeatedly stepped in near that trendline, while the upper boundary has marked major areas of resistance. That includes a prior peak above $230 and the current all-time high of $282.95.
The 50-week and 100-week exponential moving averages are also on my chart. Price has spent considerable time trading around these averages, which adds to the importance of the current area.
## The Level That Matters Now
RDDT is sitting near a price zone that has repeatedly changed roles between support and resistance. This level first acted as resistance in November 2024. After the stock broke through it, the area became support. RDDT later fell back below it, formed a small cup-and-handle pattern, and has continued interacting with the same zone ever since.
That behavior is typical of RDDT. The market has struggled to consistently price the business, creating sharp moves in both directions. For long-term shareholders and options sellers, that volatility can create opportunity, but it also means that confirmation matters.
## What Would Confirm the Bullish Setup?
The first step is a decisive break above the nearby resistance zone. Beyond that sits a larger, longer-term resistance level that has capped the stock multiple times over roughly the past year. If RDDT can reclaim both levels and hold above them, I believe the probability of a move to new all-time highs increases significantly. From there, the upper boundary of the ascending channel projects toward approximately $420.
That does not mean the stock will travel there in a straight line. Reddit tends to move violently in both directions, and failed breakouts are always possible. I want to see price break resistance, hold the breakout, and turn the former ceiling into support.
## My Position and Trade Plan
I am long approximately 1,000 shares of RDDT. I also own RDTL, the GraniteShares 2x Long RDDT Daily ETF. RDTL is not something I would recommend for most investors. It targets two times the daily move in RDDT, which means volatility is amplified and performance over longer periods can be affected by daily compounding and decay. It requires active monitoring and a very high tolerance for risk.
If RDDT reaches the upper portion of the channel near $420, I will likely sell or meaningfully reduce my position. At that point, I would expect the possibility of a backtest before the next phase of the longer-term trend. My longer-term price target remains $500, so trimming near the top of the channel would be a tactical decision rather than a loss of conviction in the business.
## What Would Weaken the Thesis?
The bullish setup would weaken if RDDT fails to reclaim resistance and then loses the lower boundary of the ascending channel. A sustained breakdown below that trendline and the major weekly moving averages would force me to reassess the structure.
For now, the setup is straightforward:
RDDT is near the lower portion of its long-term ascending channel.
A historically important support and resistance zone is being tested.
A confirmed breakout could open the door to new all-time highs.
The upper channel target is approximately $420.
My longer-term target remains $500.
The opportunity is attractive, but the chart has not fully confirmed the move yet. I am bullish, positioned for upside, and watching the next breakout attempt closely.
*This is my personal analysis and trade plan, not financial advice. Leveraged ETFs in particular carry substantial risk and may not be appropriate for long-term holding.*
Long
Bristol Myers Pulls BackBristol-Myers Squibb recently climbed to a three-year high, and now it’s pulled back.
The first pattern on today’s chart is the rally in July and August. The drugmaker is trying to stabilize at a 50 percent retracement of that move, which could suggest it’s trending higher.
Second, BMY made a low of $63 last month. The current consolidation is occurring slightly above that level. That could represent a higher low.
Third, prices are holding the rising 50-day simple moving average (SMA).
Fourth, stochastics are turning up from an oversold condition.
Next, the 50-day SMA crossed above the 100-day SMA in early August. Both are above the 200-day SMA. Such a configuration, with faster SMAs above the slower ones, may suggest a longer-term uptrend is taking shape.
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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
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1️⃣ The first thing that worries me is CMF. It’s moving in harmony with price, indicating a steady outflow of capital from the stock. This is usually a sign that the current trend may continue.
2️⃣ There’s also less liquidity above than below. The nearest major liquidity zone is currently around $193–$188.
3️⃣ On top of that, there’s an FVG directly below the current price at $207–$198. And as we know, FVGs tend to get filled sooner or later.
4️⃣ Even though everything currently points toward further downside and new local lows, there are two small gaps above at $218–$213 and $224–$221. Price could try to fill them and squeeze shorts before moving lower.
But right now, I see the best trade on NASDAQ:NVDA as a long from the lower boundary of the descending channel.
According to my AI tests, channels that have held for more than three weeks on NVDA have shown 83% accuracy. So based on those results, I see no mathematical reason to ignore this pattern.
The problem is that everyone can see it too. That’s why we could get a move up to fill the gaps first.
⚠️ So if you’re looking to short, don’t rush. Wait for at least the first gap to fill, or use a wider stop above those zones.
AAPL TRADE IDEA 9/16/2026 BRADROC TRADING AAPL Trade Setup – September 16, 2026
AAPL looks interesting today. I expect we could see plenty of chop leading into the Fed decision at 2 PM. After that, volatility could increase quickly in either direction.
Don't confuse volatility with confirmation. Let AAPL prove the move before you enter.
CALL
Above 331.80, look for possible TP levels:
333.22 → 334.05 → 335.50
The climb could be slow and bumpy with sideways movement along the way. If buyers can break through 335.50 and maintain momentum, then I'm watching to see if a bigger upside move develops.
RANGE
Between 329.30–331.80, don't be surprised to see buyers and sellers battle.
There's enough room inside this zone for possible clean scalps and day trades, but don't force a directional trade while she's chopping.
PUT
Below 329.30, puts become more interesting.
Possible TP levels:
328.30 → 327.50 → 326.35
If sellers maintain control after the Fed decision, a possible additional $3–$4 move lower isn't off the table.
QUICK REFERENCE
FED DAY: The first move doesn't have to be the real move. Wait for confirmation. If break-and-retest is your style, fight your fight.
:warning: Disclaimer
My goal is to keep these trade ideas simple for newer traders. Compare these levels with your own chart before entering any trade. This is not financial advice—it's simply how I see the market. Trading involves risk, so manage your risk, take profits along the way and trade responsibly. 
Long
Long
AAPL + Fed Day: Calls or Puts?AAPL closed Tuesday at $331.34 and is sitting almost exactly there this morning, parked right on my PD-15 line (Previous Day 15, the high and low of the prior day's final 15-minute candle). Today's different: the Fed drops its rate decision at 2pm ET, with markets pricing a ~94.5% chance of a 25bp hike, the first since 2023, after the 10-year yield hit its highest level since 2007. The morning tape is calm, but I'm not trusting it until the Fed actually speaks.
Key levels:
- PD-15 High / PDH (liquidity): $331.78 (Tuesday's close-of-day and full-session high overlap here)
- PD-15 Low (entry/retest): $330.07
- Prior Close (TP anchor): $331.34
- Put TP1 (PDL liquidity): $328.35
- Call TPs: $334.32 / $336.17 / $339.15
- Put TPs: $328.35 / $326.51 / $323.53
- Daily ATR: $7.81
Bullish: break and close above $331.78 with volume (R.Vol at least 1.0x), retest the level or the 8 EMA, confirm with a bullish 2-min close. Treating any pre-2pm break with real suspicion, weighting anything after the Fed speaks far more than before.
Bearish: close below $330.07 with volume, retest, confirm with a bearish 2-min close. A hawkish surprise from the Fed is exactly the kind of headline that sends this lower fast.
NVDA and the chip trade are the best real-time read on risk appetite today.
Educational only, not financial advice. Options trading carries substantial risk. Do your own research and manage your own risk.
Study the levels. Wait for agreement. Trade with discipline. 
Long
Long
Long
CRCL | Weekly Structure | Wave 2 Pullback Into Add ZoneThesis:
CRCL is currently going through what I view as a Wave 2 pullback after the initial post-IPO advance. I started building the position in early August and I am now looking to continue adding through this correction. As long as the current structure remains constructive, I see this pullback as part of the normal development of the larger bullish cycle, with approximately $230 as my first major target and the $280-$300 area as the second.
Context
- Weekly timeframe
- CRCL is part of my broader long-term thesis around stablecoins, digital assets and the tokenization of finance
- I started building the position in early August with my first entry around $60.70
- I continued adding through August and my current average is approximately $64.50
- Circle is the company behind USDC and is increasingly building infrastructure around institutional onchain finance
- Arc is designed as financial-market infrastructure for payments, settlement and tokenized assets
- Its founding validator group includes institutions such as BlackRock, DTCC, ICE, Mastercard, Standard Chartered and Visa
- CRCL fits naturally alongside my existing exposure to BTC, ETH and COIN
What I see
- The first major impulsive move from the lows looks like a Primary Wave 1
- Price is now correcting in what I currently count as Primary Wave 2
- The pullback is moving back through the main Fibonacci retracement levels of the first advance
- The 0.382 Fib sits around $86
- The 0.5 Fib sits around $80
- The 0.618 Fib sits around $75
- This is the type of corrective structure I prefer to use for accumulation rather than chasing price after an impulsive move
- The objective now is for price to establish support and eventually complete Wave 2
What matters now
- The $75-$80 area is the first important support zone I am watching
- A deeper Wave 2 would not automatically invalidate the larger bullish structure
- I want to see the correction remain controlled and eventually develop a clear base
- Once Wave 2 is complete, the next important confirmation will be a move back through the recent highs
- That would strengthen the case that Primary Wave 3 is underway
- Until then, patience matters more than trying to predict the exact bottom
Buy / Accumulation zone
- I started building CRCL in early August with my first entry around $60.70
- I continued adding through the month and my current average is approximately $64.50
- I plan to continue using DCA while the Wave 2 structure remains constructive
- I prefer building during corrections rather than chasing strength
- The current retracement is therefore an area I am watching for further additions
- My horizon for this position is long term and tied to the broader development of stablecoins and tokenized financial infrastructure
Targets
- First support area: approximately $75-$80
- Wave 1 high / breakout area: approximately $110-$120
- Primary Wave 3 target: approximately $230
- 0.786 Fib reference: approximately $233
- Primary Wave 5 target area: approximately $280-$300
- Current 1 Fib reference: approximately $281
Portfolio note
CRCL is not a standalone trade for me.
It is part of a broader investment theme I am already expressing through BTC, ETH and COIN: the gradual migration of financial infrastructure toward regulated digital assets, stablecoins and tokenized markets.
Circle sits directly inside that transition through USDC and, increasingly, through the infrastructure it is building around Arc.
That fundamental thesis is why I am comfortable approaching the chart with a longer time horizon.
I already started building the position near $60.70 and continued accumulating through August. The current correction does not change that thesis for me.
For now, I am treating this as a Wave 2 pullback and looking for opportunities to add gradually while the larger structure remains intact.
If the count develops as expected, approximately $230 is my first major upside target, with the $280-$300 area as the next larger objective. 
Long
Long
Long
Long
TAP Official Trading PlanTAP Official Trading Plan
1. Trading Instrument
Trading Instrument: TAP (US Stock)
2. Analysis Timeframe
Analysis Timeframe: 4H Band Trading
3. Entry Level
Go long near the market price at 39.27
4. Stop Loss Level
Full position stop loss placed at 38.00.
Strictly execute stop loss once the price breaks the stop loss level, no holding and no subjective adjustment. This trade is configured with a fixed risk-reward ratio of 1:10.
5. Take Profit & Risk Protection Rules
1. First Target: 43.00
Reduce half of the position, move stop loss forward to lock floating profits and protect remaining positions.
2. Second Target: 46.88
Reduce half of the remaining positions again, continue to push up stop loss to further expand profit protection range.
3. Third Target: 52.80
Reduce half of the remaining positions, push stop loss again to fully secure trading profits.
Leave the last tail position to run with the trend and dynamically adjust protection according to real-time price movement.
6. Position Sizing
Trade with a fixed 1:10 risk-reward ratio for 4H band trading. Control single trade risk within a reasonable range, prohibit over-sizing and averaging down against the trend. All position calculations strictly comply with the preset high reward trading structure.
7. Trading Cycle
4H cycle band trading. Hold positions according to trend structure, close partial positions step by step at each target level, and retain tail positions to capture further trend extension opportunities.
8. Risk Transaction Reminder
US stock markets are affected by U.S. macroeconomic data, Federal Reserve policy, corporate financial reports, industry sector rotation and global capital sentiment. 4H band trading has a relatively long holding cycle and faces overnight gap risks. Extreme market volatility, pre-market and after-hours trading slippage may affect the actual execution of stop loss and take profit. This trade adopts a high 1:10 risk-reward strategy which requires strict trading execution discipline. Graded position reduction and trailing stop protection can effectively control trading risks but cannot eliminate all market uncertainties. All position adjustment operations must be executed strictly in accordance with the preset plan, and impulsive temporary position opening and arbitrary position modification are prohibited.
Professional Disclaimer
All financial transactions involve huge risks such as price fluctuations, liquidity imbalance and sudden market reversals. The US stock market has session-specific risks, policy uncertainties and overnight gap risks. Stock trading and leveraged trading amplify both returns and risks, and may cause partial or total loss of principal. This trading plan is only for personal strategy reference and does not constitute any investment invitation or financial advice. All opening, closing and risk control decisions are independently executed by the trader, and all profit and loss consequences shall be borne solely by the trader.
Long
Long
GD Official Trading PlanGD Official Trading Plan
1. Trading Instrument
Trading Instrument: GD (US Stock)
2. Analysis Timeframe
Analysis Timeframe: 1H Band Trading
3. Entry Level
Go long near the market price at 358.70
4. Stop Loss Level
Full position stop loss placed at 353.00.
Strictly execute stop loss once the price breaks the stop loss level, no holding and no subjective adjustment. This trade is configured with a fixed risk-reward ratio of 1:8.18.
5. Take Profit & Risk Protection Rules
1. First Target: 373.70
Reduce half of the position, move stop loss forward to lock floating profits and protect remaining positions.
2. Second Target: 385.70
Reduce half of the remaining positions again, continue to push up stop loss to further expand profit protection range.
3. Third Target: 400.00
Reduce half of the remaining positions, push stop loss again to fully secure trading profits.
Leave the last tail position to run with the trend and dynamically adjust protection according to real-time price movement.
6. Position Sizing
Trade with a fixed 1:8.18 risk-reward ratio for 1H band trading. Control single trade risk within a reasonable range, prohibit over-sizing and averaging down against the trend. All position calculations strictly comply with the preset high reward trading structure.
7. Trading Cycle
1H cycle band trading. Hold positions according to trend structure, close partial positions step by step at each target level, and retain tail positions to capture further trend extension opportunities.
8. Risk Transaction Reminder
US stock markets are affected by U.S. macroeconomic data, Federal Reserve policy, corporate financial reports, industry sector rotation and global capital sentiment. 1H band trading has relatively frequent signal changes and faces overnight gap risks. Extreme market volatility, pre-market and after-hours trading slippage may affect the actual execution of stop loss and take profit. This trade adopts a high 1:8.18 risk-reward strategy which requires strict trading execution discipline. Graded position reduction and trailing stop protection can effectively control trading risks but cannot eliminate all market uncertainties. All position adjustment operations must be executed strictly in accordance with the preset plan, and impulsive temporary position opening and arbitrary position modification are prohibited.
Professional Disclaimer
All financial transactions involve huge risks such as price fluctuations, liquidity imbalance and sudden market reversals. The US stock market has session-specific risks, policy uncertainties and overnight gap risks. Stock trading and leveraged trading amplify both returns and risks, and may cause partial or total loss of principal. This trading plan is only for personal strategy reference and does not constitute any investment invitation or financial advice. All opening, closing and risk control decisions are independently executed by the trader, and all profit and loss consequences shall be borne solely by the trader.
Long
