$MSFT just tagged 450.
I have been on this name since the 350s, marking every level on the way up and updating the whole time. 380/375, 400/405, 425/430, all called ahead of time, all played out. This is the whole point of what I do. I do not chase and I do not guess. I mark the levels that matter, I wait, and I let price come to them. Then we take it one level to the next. The run from 350 to 450 did not happen in a straight line, it happened level by level, and every one was on the chart before price got there. Next up is that 470 zone.
Not financial advice.
Wow, apparently there’s claims ~3.4% of the adult population in Korea faces liquidation risk?
“As of July 13, over 1.2 million leveraged retail traders' accounts hit margin call lines, with 320,000 to 360,000 accounts force-liquidated by brokers.”
(There were other sources claiming this data came from Goldman Sachs desks rather than SK financial supervisory service data)
Regardless, just evidence recent crash was accelerated by liquidation cascades/deleveraging rather than fundamentals:
$TMDX deserved to be down after earnings but this pullback feels more like panic pricing than a rational reset.
This is still a company growing ~25% with an FDA-cleared platform, owned logistics network, 22 aircraft with expansion upside in kidney and Europe.
@geokoutalidis I noticed you sold 100% of $blbx on your public portfolio. I know it changed to $aloy so not sure if it was just a glitch it didn’t change over. Are you still holding $aloy?