August kicked off with textbook trading opportunities. After a challenging week, Friday’s session brought clarity, discipline, and momentum setups that rewarded patience and execution. By staying focused on what worked, Kevin walked away highlighting trades on Lobo, IMAB, and a cautious look at $TNON.
Instead of chasing every move, I made a conscious decision to refine his approach—focusing only on stocks that aligned with his strategy. By zoning in on Lobo and IMAB, while staying cautious on $TNON, he was able to avoid unnecessary risk.
What made the day stand out was the execution. I wrapped up trading by mid-morning. For traders looking to sharpen their edge, Friday’s recap is a reminder that patience, preparation, and precision often matter more than the number of trades taken.
Focused Execution
I came into the session with a clear goal: finish the week strong by sticking to his strategy. By the closing bell:
- All trades were wrapped up by 10:30 AM, showcasing how efficient mornings can be when momentum stocks align.
Lobo: The Textbook Momentum Play
Lobo was the standout of the day. From the open, it offered exactly what momentum traders dream of: clean price action, identifiable levels, and repeatable setups.
Key Highlights:
- Daily levels identified early: Resistance at $0.75, $0.80, and the psychological $1.00 mark gave a clear roadmap.
- VWAP pullback entries: Multiple opportunities to buy dips off VWAP and demand zones confirmed by strong buyers.
- Scalping opportunities within range: Quick trades from $0.88–$0.95 kept risk controlled.
The big move came when price cleared $0.80 and surged to $1.00, providing a high-probability breakout for traders ready to act.
IMAB: Riding Higher Timeframe Confluence
While choppier than Lobo, IMAB still rewarded patience and confluence-based setups.
Key Highlights:
- Daily breakout over $3.00:
Flat-top resistance gave clear psychological levels ($3.30, $3.60) for targets. - Momentum breakout entry:
Kevin entered on a break of the high of day, managing risk against prior highs. - VWAP reclaim setup:
After a sharp pullback, buyers stepped in, confirming demand. Entry above the 9EMA led to a clean move from $3.17 → $3.33.
Even without picture-perfect entries, the setup showed why higher timeframe levels can guide intraday trades.
$TNON: A Choppy Miss
Not every stock delivers. $TNON was messy, wicky, and heavy throughout the morning. Kevin attempted trades but couldn’t establish conviction, finishing flat on the name.
Lesson learned: Sometimes the best trade is knowing when not to force it.
Takeaways for Traders
Friday’s action reinforced some timeless trading lessons:
- Stick to your plan: Identifying levels before the open provided a roadmap for execution.
- Respect momentum: Stocks like Lobo and IMAB rewarded pullback entries and breakout confirmations.
- Avoid forcing trades: $TNON served as a reminder to stay disciplined when price action isn’t clean.
- Efficiency matters: Being done by 10:30 AM showed how a strong morning can set the tone without overtrading.
Take Control of Your Trading: Learn From Real-Time Momentum Setups
The first day of August was about proving that focus and discipline lead to consistency. By zoning in on Lobo’s clean price action and IMAB’s higher-timeframe breakout, I showed how traders can turn uncertainty into confidence when they stick to proven setups. Even on a choppy ticker like TN, discipline reinforced the importance of patience.
This session is a reminder that trading success doesn’t come from catching every move—it comes from executing with precision, protecting your capital, and repeating what works. If you want to sharpen your skills and gain the confidence to act decisively in fast-moving markets, there’s no better way than seeing these trades happen live.
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