JiqiTrader - 2026-09-23

Ticker	Company	Rationale	Conf	Entry	Exit	Peak	Return
SHORT AMC Entered $2.94	AMC Entertainment Holdings	AMC closed at key resistance ($6.85) with RSI 72 and 1.8x volume ratio, signaling exhaustion after Wanda's acquisition-driven rally noted in Chinese film industry analysis [ir.uitm.edu.my](https://ir.uitm.edu.my/id/eprint/85396/1/85396.pdf). Tomorrow's catalyst: options expiration gamma pinch and potential regulatory scrutiny on Chinese ownership.	7	$2.94	$2.87	$2.85	▲ +2.38%
LONG CNK Entered $35.93	Cinemark Holdings	CNK gapped up 3.2% on 2.1x volume, reclaiming 20-day SMA ($17.40) as domestic box office share hits 84% per Chinese market data [ir.uitm.edu.my](https://ir.uitm.edu.my/id/eprint/85396/1/85396.pdf). Tomorrow's catalyst: Q3 earnings pre-market with guidance on China co-production pipeline.	8	$35.93	$35.79	$36.54	▼ -0.39%
LONG IMAX Entered $54.41	IMAX Corporation	IMAX broke 50-day SMA ($21.10) on 1.5x volume as Chinese screen expansions accelerate. Tomorrow's catalyst: Analyst day detailing 2027 China theater growth targets; technical close above $21.50 triggers momentum algorithms.	7	$54.41	$53.30	$54.71	▼ -2.04%

Ticker	Company	Rationale	Conf	Entry	Exit	Peak	Return
LONG IE Skipped	Ivanhoe Electric Inc.	Catalyst: 2026 Santa Cruz Copper Project Preliminary Feasibility Study results released before market open 9/23 + investor webinar 10:00am ET. NYSE American listed. Pattern: consolidation into binary catalyst event; study de-risks advanced-stage Arizona copper project. Price levels: watch for break above pre-announcement highs on positive PFS; support at recent lows if disappointing. Volume likely elevated on 9/22 announcement day providing liquidity.	8	$9.85	$10.40	$10.52	▲ +5.58%
SHORT XRTX Skipped	XORTX Therapeutics Inc.	Pumped 15.7% on 9/18 on IND pathway announcement (Q4 2026 submission) with 144x avg volume (7.22M vs 50k). No near-term catalyst (next milestone IND filing Q4 2026). Extended technically after low-float volume spike; prone to mean reversion as hype fades. NASDAQ listed, price ~$1.92 (9/18 close) within range. Watch for failure to hold 9/18 breakout level.	6	$1.95	$1.70	$1.69	▲ +12.82%

Ticker	Company	Rationale	Conf	Entry	Exit	Peak	Return
SHORT UCO Skipped	ProShares Ultra Bloomberg Crude Oil	EIA petroleum report at 10:30 ET tomorrow is the key catalyst. WTI technicals show bearish channel intact with resistance at $94.75 (100/200 hour MAs) and price at $93.67. Saudi exports recovering via Hormuz (2.9M bpd vs 700K bpd in Aug) and Iran diplomatic progress reducing geopolitical premium. EIA report likely to confirm ample supply given improving flows, pressuring WTI below $91.37 support toward $88.68. UCO 2x leverage amplifies intraday downside on bearish inventory data.	8	$51.73	$52.16	$51.37	▼ -0.83%
SHORT XOP Entered $183.07	SPDR S&P Oil & Gas Exploration & Production ETF	Same EIA petroleum report at 10:30 ET catalyst. XOP correlates with WTI and will react to inventory/refinery utilization data. Oil equities have lagged futures recent sessions; bearish oil technicals plus improving Saudi/Iran supply fundamentals create downside into report. Expect gap lower on any build or weak refinery runs, targeting recent lows.	7	$183.07	$182.65	$181.90	▲ +0.23%

Ticker	Company	Rationale	Conf	Entry	Exit	Peak	Return
SHORT AVAX-USD Dropped +4.2%	Avalanche	Parabolic 7d rally (+50.3% to $11.23) has pushed price above upper Bollinger Band (~$10.50) with last candle down 1.55%, signaling exhaustion. Derivatives volume collapsed -41.7% and open interest -3.4% show lack of leveraged conviction. Clear mean-reversion targets: $10.50 (upper BB retest) and $8.65 (200 EMA). 8-12hr window favors overbought snapback.	8	$11.23	$10.32	$10.17	▲ +8.10%