Just exited $MANH. It's slightly over-valued, even the fundamental and chart are still strong, because I need to raise capital in my TBL portfolio for a huge opportunity.
I can see how precise $NVDA touched my "Hit And Run" zone, like 0 cent accuracy! Now the uncertainty is gone, and the worst scenario is priced in, everyone would think it'd bounce strong from here? I don't think so! I think it would "massage" this zone for a few days at least. ๐
Market: Today is the last trading day of August (which I had a good month), and Monday is holiday (so Friday sell-off). Septembear is coming next Tuesday, and market usually drops soon after the Fed rate cuts. I'm de-risking my portfolios today. $SPY
To be clear, I'm bearish near-term still (until at least a Higher High daily), due to MA 20 recently crossed down EMA 50 (which were bad in the past). However, in W and M, it looks like a Debase test (pretty bullish, if it breaks $780). $SPY (my portfolios are good either way ๐ )
I'm thinking to start a thread, called #YOLO, mentioning about gem stocks that I believe can moon-shot (3x minimum), based on TA while having fundamental back. That's basically my #YOLO portfolio. I caught $ONDS at 0.75 (screenshot said 1.09 because I trimmed) any many more... ๐คซ
I did not buy $ROL when it hit absolute support in Sep, because it may dip to water, and deep dive or sideway long (opportunity cost). I'd like to jump on momentum when liquid sweep finished, and ride along the real bull wave. Enjoy! ๐คซ