This morning I was watching Rocket Lab USA ($RKLB) closely after some pre-market financing news. Right away, the stock showed weakness before the open, and once the market opened, that weakness only accelerated. To Subscribe: https://go.trade-ideas.com/SHQ
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I’ve been focusing on what I call “large cap losers” — setups that I pull from my scans and sometimes from my races. RKLB was a perfect example today.

I took my entry just under $50.00. I’d love to say I held my full size all the way down to $47.00, but I did scale out along the way. What really kept me in the trade longer than I might have otherwise was the Trade Wave indicator.

The orange wave signaled continuation even when the stock had a few counter moves, and that gave me the confidence to stay patient. I trimmed some shares here and there, but I was able to ride a good portion of the move before locking in profits.

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✅ Takeaway: When you see pre-market weakness tied to negative news like financing, combine that with the Trade Wave for trade management. It’s not just about finding the entry — it’s about staying in the trade long enough to let it work.