CORZ setup is questionable but offers excellent risk-reward; potential upside to $57 with tight stop at $17.80, so it's a trade worth taking despite murky chart.

along core core scientific, which again is used to be a crypto stock, but is no longer. So we've got these legacy stocks that are now in the data center AI space that I'm not going to you know, I don't know.

Uh Core Scientific is interesting because again um subscribers know I consider this chart extra murky. Um at any time this can end up being a giant three-wave top. But for the bull the uber bullish perspective at least I'm framing it as a potential diagonal.

But that's only true if it continues to hold up and continue to push up because all of this move um while this move is impulsive back here in combination this structure with that structure is basically indicating a big corrective pattern.

Um corrective patterns can become diagonals once they form five waves. Um and so um but but again inside diagonals trading is very very murky and levels um inside a diagonal often do not hold until you have um impulses impulsive legs uh in the internal structure of a diagonal.

Okay. Um and even now uh it does look like it's trying to form a setup and I believe that to be the case as long as over 19. So, what's nice about this chart is if it does work, we're super close to the stop, which um I like to use my stops at se at the lower at the bottom of the wave one, which is 1780.

Okay. Um I I do consider this setup questionable, but who cares when you have this kind of risk situation and potential return, right? I don't I again, I've told you guys uh and I've told subscribers for years, I don't trade for win rate.

I trade for this kind of situation where my stop is super tight, okay? Okay. And I can get a decent position on it with very little risk and my potential reward is is far away, right?

So, you know, again, risking 20 uh or $2 from 20 to 18 uh 1780 to be precise. So, two bucks, risking that for 37 bucks with a target of 57 to me is an easy trade even if the chart is murky and and quote unquote low probability, which it is. Okay. So, um,

Um and even now uh it does look like it's trying to form a setup and I believe that to be the case as long as over 19. So, what's nice about this chart is if it does work, we're super close to the stop, which um I like to use my stops at se at the lower at the bottom of the wave one, which is 1780.

Um I I do consider this setup questionable, but who cares when you have this kind of risk situation and potential return, right? I don't I again, I've told you guys uh and I've told subscribers for years, I don't trade for win rate.

I trade for this kind of situation where my stop is super tight, okay? Okay. And I can get a decent position on it with very little risk and my potential reward is is far away, right?

So, you know, again, risking 20 uh or $2 from 20 to 18 uh 1780 to be precise. So, two bucks, risking that for 37 bucks with a target of 57 to me is an easy trade even if the chart is murky and and quote unquote low probability, which it is.

So, um, so, uh, I don't remember if I've added to my shares this week, but, uh, oh, I did. Yeah, I I added to it in a second account of mine. So, I'm in double position now after this week.

Uh, and you know what? If I see reaction to this level, see a impulsive move out of this region, I probably will add some options possibly, um, depending on how the week is going in trading next week.

So, to me, this is probably the tightest. Um, it's not the prettiest, but it's probably the tightest. um setup in terms of risk-to-reward that we have in the setup in the sets that I have here.

And uh again, this is not a crypto stock, but it's been a legacy of ours back from when it was a crypto stock.