Daily Trading Recap - 2/18/26
Clear Bias Day
TLDR
Faded AUUD’s dilutive merger gap.
Bought the dip in RXT and scaled out into strength.
Added NXT swing. Stopped out of HYMC.
Trades I Took
AUUD 0.00%↑
AUUD was gapping on merger news, but the details looked dilutive. They need $12M in cash and only have $2M, plus ownership gets reduced. This name also tends to fade big gaps. Easy to have a short bias on this one.
I shorted premarket and added on a bounce that rejected VWAP. There was a clear daily pivot at $1.25, so I took some profit there. I added a bit back later but didn’t get the bigger bounce I wanted. It flushed again and I covered more. I missed ideal covers near $1 because I was distracted with another project and cut the rest on the bounce.
RXT 0.00%↑
RXT was gapping on positive Palantir-related news with strong premarket volume. It also has a high institutional ownership (70%), plenty of cash, and no dilution. Long bias.
I bought the dip after the opening spike and sold into new highs. Let the last piece ride with a breakeven stop, which came close but never hit, and got flat at the close.
Lesson: Strong news plus real volume should not be ignored.
Swings
-Stopped out of HYMC at 38. The edge on the metals trade is diminishing.
-Bought NXT. Solar company breaking out.
Current holdings: GEVX NXT
Takeaways
It’s nice when we get days like this that have tickers with a clear bias. AUUD had bad structure and weak fundamentals. RXT had clean momentum and volume.
Main focus tomorrow: eliminate distractions when a trade is in motion.