The Easy Path to Wealth:
1. Increase your Income
2. Spend less than you make
3. Invest up to the match in a 401k
4. Max out a Roth IRA
5. Max out a HSA (if on a high deductible plan).
6. Dollar Cost Average into $VOO, $QQQM, and $SCHD across all accounts
7. Be Patient
As many of you know, I have been less active on here due to pursuing my dream of being an optometrist.
Iβm excited to announce that I have been accepted into my dream school and a top 3 school in the nation.
@Snip3down Yeah, Iβm not impressed by the volume either. The weekly candle for $MSFT is still riding the 9EMA down and not showing any signs of reversal.
I would be eying an undercut and rally off the $342 weekly candle from April.
@Snip3down $MSFT is always a good buy!
The weekly gap fill on $QQQ is concerning over the medium term. I have remained defensive on longer term leaps for that reason.
@Snip3down Agreed, $IGV is due for a short term rebound, but catching a falling knife is always risky. There are two daily gaps left to fill at $68.07 and $73.14.
Iβm eyeing $NKE around $35 for a long term play. It is the 1:1 fib extension of this entire decline since 2021.