Stats Edge by Michael Nauss CMT

Stats Edge by Michael Nauss CMT

Evening Note 10/7: NTSK keeps running, buy at the open

Cloud security newcomer NTSK is tonight's free idea

Michael Nauss CMT's avatar
Michael Nauss CMT
Oct 07, 2026
∙ Paid

Tonight's free trade: NTSK

Inside tonight's sheet: 28 new orders - 25 Mean Reversion and Wide Mean Reversion and Surge Pullback limits resting quietly below the market, waiting for Wednesday's weakness to come to them; 2 Bull-Flag Momentum triggers armed above resistance that only fire if strength shows up; 1 IPO Breakout entry going on at Wednesday's open. The Wide Mean Reversion orders come from a new system in public testing. NTSK, tonight's free IPO Breakout setup, is open to everyone right below.

How to place it: enter a MARKET-ON-OPEN BUY for NTSK - a market order set to fill at tomorrow's 9:30 open, whatever the opening price is (there is no price to type; $19.64 is only last night's close, for reference), sized at about 9% of your account. It fills at the open by definition, so there is nothing to cancel. Enter the protective SELL STOP at $16.36 together with the buy and leave it working (GTC). No time limit - this one is meant to run. After any session that closes below its 200-day moving average, sell at the NEXT open - that line is on every charting platform, so you can check it yourself. A second exit tracks the newly-listed group as a whole; you do not need to follow that one - we alert you when it is time to get out of IPOs.

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