Like i shared for NIO few days ago, we see similar breakout with XPEV . Though i think both will cool off a bit before seeing a big run. Both stocks are good to buy on a dip for longer rallies.
Based on yesterday's post, went long with a starter position today at 54.50. Will add more if there would be a dip.
I am liking the move up with MRNA today and i think we are getting started for the leg up. Initiated a small position.
Shared this when it was $195 and looks like we still have more upside on this. Break of $346 will take it above $400 before having a meaningful correction.
I haven't been trading this lately but the chart caught my attention. We might be looking at a breakout soon on this.
First short done here - then long - though i closed it at $121. It did much better than what i expected. Shorting it again with the SL of $138.00.
Posting this as many of you have asked about what's my view on SAVA. I haven't initiated any trade yet on this ticker but here is my understanding for now. As detailed in the previous trade update, we went down to $47.77 and bounced back, right above golden zone retracement level at $45.98. While i like the Doji candlestick formed yesterday, i don't see much...
I think with this breakout we have triggered Wave 3 of 3. Need a couple of days to confirm if the trend holds. Post that every dip is a buy.
Going as per the trade plan. Keep a watch at $51 and the best case $45 to support it and then bounce back. Shorts on until then.
Well, i was bearish on MRNA since i posted here after it made the ATH but the Wave b took a long time and i took some losses on the puts and then i made further losses in this via long as posted here Lesson's learnt and posting what i think will happen next on this.
Based on the previous prediction, we did go down along with the market. I think the correction might just be over here but will get some confirmation in next day or two before taking a long.
Short was pretty good on this one and then i have initiated a long for the target of $119. Will close longs at $119 and then wait for another short position on this
This ticker had a good run for almost 10 bucks from the bottom of $18 and is now in a solid resistance area. I have taken my first short today on this and if this goes up to $30 (false breakout), will add more.
SNAP is running its last lap and it would end somewhere between 90- 100. Any one long can consider booking profits. I posted about this sometime back at $67 but didn't had any position. I will look to short this at the top.
I have small lot of this as a lotto for next week. My buying average is $13 on this. I think its ready for the impulse up Wave # 3.
Looks like AMD is ready to go towards a new all time high. I am expecting it to touch up to 140+ in the coming months.
Correction might end here and we need to see the movement for Monday and Tuesday to see if holds here and start the next Wave up.