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drchelsea1
May 11, 2022 2:44 PM

QQQ $296 BACK UP THE TRUCK - BOTTOM IN - ALL IN BRUNSON STYLE Long

Invesco QQQ Trust, Series 1NASDAQ

Description

0. Notes to follow;

1. This looks like the bottom in tech folks.

2. Time to back up the truck.

3. You are looking for GARP (Growth at a Reasonable Price)

4. Think AMD / NVDA / IBM / MU / SNOW / NOW / AMAT / LRCX / ADI / TEAM / GOOGL / ORCL / AVGO

5. We are now ALL IN.

- drchelsea

Comment

We are ALL IN on the following positions:

AMD
ACN
ADBE
ADI
AMAT
AMD
AMZN
AVGO
CRM
CSCO
FB
GOOGL
IBM
INTC
INTU
LRCX
MSFT
MU
NOW
NVDA
ORCL
QCOM
SNOW
TEAM
TXN

- Cheers and see you in 5 years with massive gains ;)

- Drchelsea

IBM
Comments
rb675
We can't afford the diesel fuel for the truck.
PropNotes
@rb675, LOL
marketisrigged
Was that a dump truck cause we broke that level with not much support...
RocketTraveler
Long ways to go before the bottom unfortunately. DMI tells a different story
node2
short signal activated XD
digital_precision
Add PLTR to the list. You definitely like your tech hardware, eh? The semi-conductor stocks will move in unison more or less so be careful of having NVDA, INTC, AMD, MU, etc all on the same list. I'd find the best one you believe in and roll with that. INTC is probably the value pick at this point if their new plants come online when expected and they are able to regain their dominance they could really pay off. Wildcard is Apple going off on their own with their own foundry and making the M series chips, which seem really damn good. This obviously hurts Intel in two ways - they are losing market share, and Apple is no longer using their chips.

Hmmm..... i just may have talked myself out of INTC after all!

Anyhow, great list... and you will be counting some big returns if you have a 5 year horizon.
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