Daily Market Recap - 1/13/26
Flow state day
TLDR
Hit EVTV early on a clean day 2 gap up short, booked a nice win before 10 a.m.
Took a near-top short entry on AHMA out of a halt and traded around it well until it reclaimed key levels.
Shorted CRML’s continuation move, respected news volatility, and ultimately stepped aside when it went sideways.
Caught the Silver afternoon selloff after a stretched multi-day move.
Trimmed some IREN swing into strength
Flow state day. Stayed focused on locking in profits and trading around core positions.
Trades I Took
EVTV was a day 2 gap up setup, up roughly 600% over two days, with a big blowoff move in after-hours yesterday and a retest of those highs this morning. The idea was simple: short into exhaustion and look for a fade back toward more realistic levels once the momentum turned. This type of setup requires you to be flexible. When you get a move that big on such huge volume, it attracts all sorts of players instead of your typical small cap retail traders.
Got short on the premarket bounce and held into the open, using the prior highs and the $3 area as key reference levels.
At the open it spiked but quickly failed back below $3, so I locked some in and looked for a bounce to reload using the highs as the risk level.
Added size on the bounce, caught the wash down toward yesterday’s high of day, which was roughly a -30% pull from premarket highs before 10 a.m., so I covered a lot there.
Around 10:15 a.m. it had a sharp spike off the lows with volume coming back in. I scalped the big 1-minute candle and trailed out as it pushed higher.
A few minutes later it pushed higher and basically drove from the lows straight into the pmh (premarket high) and then stalled, which to me looked like a liquidity hunt, so I reshorted, covered the fast wash, then added again when it broke the mid-morning consolidation.
That last add turned into a VWAP trap similar to yesterday, and it ripped back up and stopped me out, giving back some of the earlier gains but still leaving the ticker green overall.
Key takeaways for EVTV: stay nimble on these ultra-extended runners that are still respecting levels. Trading around a core and recycling on the bounces is what led to me being profitable on this ticker even though it squeezed higher. Will be watching for it’s true first red day tomorrow.
AHMA was a day-one gapper with no real news and clear overhead resistance. It showed weakness into the open, but I didn’t want to chase. A few minutes after the open it halted up. I shorted the unhalt and basically nailed the intraday top. We got immediate downside follow-through, and I locked in a big chunk at the whole dollar levels around $10 and then $9.
Later, when it reclaimed the $10 daily pivot and got back over VWAP, I trailed out the rest instead of fighting the trend. I tried adding again after it consolidated under VWAP looking for another leg lower, but it didn’t follow through and I stopped at breakeven.
CRML still looked like it had room to pull back after its multi-day move on the Greenland narrative. I shorted the open and we got a wash that broke prior day lows. I covered some there in case that area turned into support.
At 11 a.m. it broke the range and I added. It briefly made new lows but reclaimed quickly, so I reduced size and stayed with a core. I got one solid cover in at my first target before a headline came out about U.S. officials talking about Greenland timing. It ripped and stopped me out breakeven. Manage risk first, ask questions later. When it immediately faded back down, I felt the news didn’t matter, so I put it back on. It went nowhere, so I cut it.
Silver had gapped up for a third day in a row and was already very extended above its 50-day moving average; the thesis was that it had a good shot at finally rolling over and closing red. Plus the CME announced tighter margin requirements around Silver futures.
I shorted the first open-range breakdown, which lined up with vwap, but it found a bid and trended back up. I tried again when it failed to break out over those prior highs. It took some patience but it finally worked and we got an afternoon selloff. I locked in some on that move, re-shorted the bounce, and covered more at prior lows. Holding a small piece overnight unless it hits my stop in afterhours.
Swings
The overall market was fairly choppy today but the datacenter names stood out with relative strength. I trimmed a piece of the IREN swing as it closed right at the highs. Now it’s gapping even further in afterhours. We are coming into some overhead resistance from Oct-Nov 2025 so I want to be scaling out on strength.
Swings I’m still holding: BE IREN RDDT
Got stopped out of CHYM today. Still holding TQQQ calls but that’s more of a speculative bet rather than a traditional swing trade.
What I’m Taking Away
Today felt like a genuine flow state: reading the price action well, executing cleanly, and letting each thesis play out without forcing anything. The common thread was locking in profits early and often, then trading around a core instead of trying to be a hero on any single entry.
There was a significant uptick in small cap movers today ignited by EVTV. Yet the cycle is still somewhat neutral. We saw big moves in AHMA, ATON, DCOY, and XAIR, yet longs were still caught with their pants down on ATON announcing a $15M offering at $1/sh thirty minutes before the close.