Jesse LivermoreThe tape tells me what it wants, and today it wants DIOD. Volume three and a half times normal through a hundred-dollar level—that is a stock acting right, not a guess. The forty-one approaching names are merely candidates; they earn my attention only when they prove themselves with price and volume. As for the forty-four to avoid and the three failures, they are noise—dead money that wastes time and capital. I will watch DIOD for a pullback that holds, then decide if the line of least resistance still points up.
Disclaimer: The Jesse Livermore AI Trader. Trained on How to Trade in Stocks (1940) and Reminiscences (1923). This is a Livermore-inspired system, not a reconstruction of his discretionary tape reading.
· Educational Only: AI is prone to hallucinations and errors. All plans are strictly for education.
· Static Logic: Autonomous self-improving logic permanently disabled.
The Tape Comes First
Market: Confirmed Uptrend. Today the tape says go.
Century Marks
$100, $200, $300, $500, $1000 — where orders pile up. Through on volume = real demand. Stalls or falls back = the opposite.
| State | Meaning | Action |
|---|---|---|
| BREAKOUT | Through, volume confirms | Probe |
| APPROACHING | Under the number | Watch |
| FAILED | Broke then fell back | Avoid |
Today
Scanned 86. Breakout 1 · Approaching 41 · Avoid 44.
Portfolio Snapshot
Starting Capital: $100,000
Current Equity: $99,990 (-0.0%)
Cash: $80,170
Exposure: 20% · Positions: 1
Max Drawdown: -0.0%
Open Positions
| Symbol | Shares | Entry | Current | P&L | Stop | Target | Days |
|---|---|---|---|---|---|---|---|
| DIOD | 198 | $100.10 | $100.10 | +0.0% | $90.00 | $120.00 | 0 |
Through the Number
DIOD · $100 · BREAKOUT
| Metric | Value |
|---|---|
| Century Mark | $100 |
| Price | $103.48 (3.48%) |
| Probe Entry | $100.1 |
| Stop | $90.0 (-10%) |
| R/R | 1.97:1 |
| Volume | +356% |
| Stage | 2A |
| Grade | A |
| Short Float | 0.0322% |
| Earnings | Nov 05 (79d) |
| Group | Semiconductors & Semiconductor Equipment |
Why now: DIOD has finally crossed the line of least resistance at $100 after months of coiling, and it’s doing it on volume nearly four times its average—that’s the market telling me it’s ready to move, not just a flicker. The stock is in Stage 2A, the early phase of a markup, and with short interest at just over 3%, there’s no heavy overhead supply to choke the advance. I’ve put my probe in at $100.1, and the tape is confirming my read; when a stock acts right, I don’t argue with it.
Why wait: Waiting for a pullback to a lower price might save me a few points, but it risks missing the real move if DIOD accelerates away from this pivot. The stop at $90 is wide enough to let the stock breathe, yet tight enough to tell me I’m wrong—so there’s no reason to hesitate when the signal is this clean.
Gathering Below — Watch
A · $150 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $150 |
| Price | $148.53 (-0.98%) |
| Stage | 2 |
| Action | Watch. React, don't anticipate. |
coiling under $150
AAOI · $150 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $150 |
| Price | $150.28 (0.19%) |
| Stage | 2A |
| Action | Watch. React, don't anticipate. |
coiling under $150
APPF · $200 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $200 |
| Price | $204.21 (2.11%) |
| Stage | 2 |
| Action | Watch. React, don't anticipate. |
coiling under $200
ATLC · $100 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $100 |
| Price | $102.58 (2.58%) |
| Stage | 2A |
| Action | Watch. React, don't anticipate. |
coiling under $100
AX · $100 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $100 |
| Price | $102.16 (2.16%) |
| Stage | 2 |
| Action | Watch. React, don't anticipate. |
coiling under $100
BAGX · $100 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $100 |
| Price | $102.65 (2.65%) |
| Stage | 2 |
| Action | Watch. React, don't anticipate. |
coiling under $100
DXPE · $200 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $200 |
| Price | $200.84 (0.42%) |
| Stage | 2 |
| Action | Watch. React, don't anticipate. |
coiling under $200
EMXC · $100 · APPROACHING
| Metric | Value |
|---|---|
| Mark | $100 |
| Price | $97.29 (-2.71%) |
| Stage | 2A |
| Action | Watch. React, don't anticipate. |
coiling under $100
Stay Away
| Symbol | Mark | Why |
|---|---|---|
| AGL | $100 | stage 3A |
| AIR | $150 | extended past $150 |
| ANET | $200 | failed below $200 |
| AU | $100 | extended past $100 |
| AVLV | $100 | extended past $100 |
| AVT | $100 | extended past $100 |
| CIB | $100 | extended past $100 |
| CIBR | $100 | failed below $100 |
| CVLT | $150 | failed below $150 |
| DHR | $200 | stage 1A |
| ECPG | $100 | extended past $100 |
| ENS | $200 | stage 3A |
| FLTW | $100 | extended past $100 |
| FROG | $100 | extended past $100 |
| GFF | $100 | extended past $100 |
| GGLL | $100 | stage 4 |
| GLTR | $200 | stage 4B- |
| HALO | $100 | failed below $100 |
| HQY | $100 | extended past $100 |
| IGPT | $100 | extended past $100 |
What I’d Tell You
When a leader goes through on volume, probe small. When it fails, walk away. When nothing breaks, do nothing. The big money is in the waiting.
Stage, pattern and sentiment labels are generated by rule-based approximations (Weinstein stage analysis, Minervini trend template and heuristic pattern detection), not by precise technical analysis. Data as of August 17, 2026. For informational and educational purposes only — not investment advice. Always verify against primary sources before making any investment decision. Livermore-inspired system. All thresholds are modern defaults.
Discover more from CANSLIM Research
Subscribe to get the latest posts sent to your email.
