2026

Entry price – 22.57

SL – 21.10

Risk – 1 dollar 47 cents

Time of entry – 14:57

Catalyst / setup – Ep 9 million

Earnings:

🟩 Earnings Growth YoY: EPS grew to $0.10 vs. $0.04 last year (+150%)
🟥 Earnings Growth QoQ: EPS declined from $0.18 in Q4 2025 to $0.10 in Q1 2026 (-44%)
🟩 Earnings Surprise vs. Estimates: $0.10 vs. $0.06 expected (+66.7% beat)
🟩 Sales Growth YoY: Revenue rose to $333.4M, up 46% YoY
🟩 Sales Growth QoQ: Revenue increased from $304M in Q4 2025 to $333.4M (+9.7% QoQ)
🟩 Sales Surprise vs. Estimates: $333.4M vs. $316.3M expected (+5.4% beat)
🟥 Margins YoY: Non-GAAP operating margin guidance for FY26 lowered to ~9% from ~12% in FY25 due to AI investments
🟩 Guidance Changes: Raised FY26 revenue guidance to $1.422B–$1.428B and raised operating income outlook
🟥 Short Ratio: Elevated bearish sentiment remains after the stock’s large post-IPO decline; short interest remains above average for software peers. ###
🟩 Fund Holdings % Change: Institutional ownership continues rising post-IPO as funds added exposure following multiple earnings beats. ###

TLDR: Figma delivered a strong beat-and-raise quarter with accelerating revenue growth, strong AI monetization, and improving enterprise adoption trends. Investors responded positively because AI products are driving incremental revenue instead of cannibalizing demand, although margins remain under pressure from heavy AI investment spending.

Result – Still running

SA 19/05/2026

Overall market trend: Bullish phase – day 27

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: -45

Stocks above 40PMA: 43%

VIX: 18

52 week highs (US common stocks): 208

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$SPY: Uptrend

$DIA: No trend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT Downtrend

1%+ sectors yesterday:

$HACK +3.05%
$XLE +1.92%
$XPL +1.49%
$KRE +1.42%
$XLF +1.25%
$IGV 1.19%
$RTH +1.08%

1%- sectors yesterday:

$TAN -3.62%
$SMH -1.83%
$IBB -1.68%
$XLK -1.08%

Main sectors monthly trailing:

Leading – $XLK $XLE
Lagging – $IBB $XLU

Sub sectors monthly trailing:

Leading – $SMH $HACK
Lagging – $TLT $JETS

Bitcoin: Under the 200sma at 77k ish

Themes: Utilities, Industrials, Electrical Equipment, Semiconductors, Energy Infrastructure, Data-Center, Aerospace & Defense, Cybersecurity, Satellites, Industrial Technology

Are breakouts working: Selectively

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Yes in weak sectors & extended stocks

Should I be trading: Yes following trade plan

$ONDS long 14/05/2026

1st trade (1st arrow):

Entry price – 10.16

SL – 9.75

Risk – 41 cents

Time of entry – 14:37

Catalyst / setup – Ep 9 million

Earnings Q1 revenue +1,065% YoY; backlog +569%; raised revenue outlook to $390M; strong autonomous systems demand; rapidly scaling defense business. 17 million shares traded pre market.

Result – 1pt full loss

2nd trade (2nd arrow):

Entry price – 9.91

SL – 9.5

Risk – 41 cents

Time of entry – 14:37

Catalyst / setup – Ep 9 million

Earnings Q1 revenue +1,065% YoY; backlog +569%; raised revenue outlook to $390M; strong autonomous systems demand; rapidly scaling defense business. 17 million shares traded pre market.

Result – Raised SL stopped at break even

SA 15/05/2026

Overall market trend: Bullish phase – day 25

Yesterdays market: Money entering the market – Normal selling pressure

TC2000 McClellan: -38

Stocks above 40PMA: 48%

VIX: 17

52 week highs (US common stocks): 321

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: No trend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

$HACK +2.88%
$IGV +2.30%
$XTL 2.10%
$TAN +1.79%
$IYT +1.52%
$XLK +1.50%
$SMH +1.03%

1%- sectors yesterday:

None

Main sectors monthly trailing:

Leading – $XLK $XLP
Lagging – $IBB $XLU

Sub sectors monthly trailing:

Leading – $SMH $HACK
Lagging – $TLT $JETS

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: Selectively

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Yes in weak sectors

Should I be trading: Yes following trade plan

$BKR short 13/05/2026

1st trade (1st arrow):

Entry price – 64.95

SL – 65.7

Risk – 75 cents

Time of entry – 14:34

Catalyst / setup – WSS short on the daily

Entered on break of 1st 3 min bar lower but no real setup on the 3 min chart, got stopped out.

Result – 1pt full loss

2nd trade (2nd arrow):

Entry price – 65.42

SL – 65.7

Risk – 28 cents

Time of entry – 15:30

Catalyst / setup – WSS short on the daily and a retest of yesterdays closing highs on the 3 min chart, buyers couldn’t push through and broke back down.

Result – 0.5pt win, closed runner EOD as didnt have enough cushion to carry in to overnight session. (24hr market)

SA 14/05/2026

Overall market trend: Bullish phase – day 24

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: -68

Stocks above 40PMA: 46%

VIX: 18

52 week highs (US common stocks): 298

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

$TAN +3.50%
$SMH +2.00%
$XTL +1.30%
$HACK +1.02%

1%- sectors yesterday:

$KRE -1.60%
$XLU -1.15%
$XLF -1.14%

Main sectors monthly trailing:

Leading – $XLY $XLK
Lagging – $XLF $XLU

Sub sectors monthly trailing:

Leading – $SMH $TAN
Lagging – $TLT $KRE

Bitcoin: Under the 200sma at 80k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Extended stocks

Should I be trading: Yes following trade plan

SA 13/05/2026

Overall market trend: Bullish phase – day 23

Yesterdays market: Money leaving the market – normal selling pressure

TC2000 McClellan: -46

Stocks above 40PMA: 51%

VIX: 18

52 week highs (US common stocks): 258

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

$XLV +1.96%
$IBB +1.34%
$XLP +1.28%

1%- sectors yesterday:

$SMH -2.61%
$TAN -2.22%
$IGV -1.38%
$JETS -1.28%
$HACK -1.24%

Main sectors monthly trailing:

Leading – $XLP $XLK
Lagging – $IBB $XLU

Sub sectors monthly trailing:

Leading – $SMH $IGV
Lagging – $TLT $KRE

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: 20% study elevated over 100 so expecting a pullback in the coming days

Are breakdowns likely to work for the next 3 – 5 days: Extended stocks

Should I be trading: Yes following trade plan

SA 12/05/2026

Overall market trend: Bullish phase – day 22

Yesterdays market: High buying pressure & high selling pressure

TC2000 McClellan: -32

Stocks above 40PMA: 53%

VIX: 18

52 week highs (US common stocks): 280

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT No trend

1%+ sectors yesterday:

$XLE +2.64%
$XTL +2.24%
$TAN +1.79%
$SMH +1.72%
$XLK +1.34%
$XLB +1.30%
$XLI +1.06%

1%- sectors yesterday:

$JETS -3.17%
$KRE -1.86%
$RTH -1.68%

Main sectors monthly trailing:

Leading – $XLE $XLK
Lagging – $IBB $XLV

Sub sectors monthly trailing:

Leading – $SMH $IGV
Lagging – $TLT $KRE

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: Yes

Are breakouts likely to work for the next 3 – 5 days: 20% study elevated over 100 so expecting a pullback in the coming days

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Yes following trade plan

SA 11/05/2026

Overall market trend: Bullish phase – day 21

Fridays market: Money entering the market – High buying pressure

TC2000 McClellan: -4

Stocks above 40PMA: 57%

VIX: 17

52 week highs (US common stocks): 353

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT No trend

1%+ sectors Friday:

$SMH +4.90%
$TAN +3.65%
$XLK +3.44%
$HACK +1.07%

1%- sectors Friday:

None

Main sectors monthly trailing:

Leading – $XLP $XLK
Lagging – $XLU $XLV

Sub sectors monthly trailing:

Leading – $SMH $IGV
Lagging – $TLT $KRE

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: Yes

Are breakouts likely to work for the next 3 – 5 days: 20% study elevated over 100 so expecting a pullback in the coming days

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Yes following trade plan

$SOFI short

Entered WSS setup created after negative earnings reaction, the earnings were strong but looks like the street wanted to see a raised full year guidance.

I took 2 entries highlighted on the below chart