Current market thoughts ๐
Another great week and the last 3 weeks have been ridiculous.
$GRRR up over 30% in 1 week
$RDW up 65% in 2 weeks
$AMPX up over 40% in 2 weeks
$SIDU up over 30% in 2 weeks
$RKLB up over 30% in 2 weeks
$ONDS up over 25% in 3 weeks
Every buy posted in real time. Every call public.
$SNOW still running, up over 120%.
Also flagged $AAOI and $SNDK late July, both up 50%+ since.
The drone sector is heating up as well and I plan to increase my exposure to $RCAT and $ONDS in the coming weeks.
I bought $TTD on Tuesday and price is already up 6%, I really think this will be a great hold for us and the upside potential is wild.
The consolidation on space names such as $ASTS $VELO $RDW has been healthy for structure and I plan to buy a lot more space soon. $VELO and $RDW are my top priorities.
Data centres had a big week however I am still bearish short term, the moves are parabolic leaving multiple gaps in structure and I expect a new low for the majority of them. $IREN $NBIS $WYFI $CRWV. I will post more detailed charts on these this weekend.
I'm confident $WYFI will hit $18 and when it does may the praise be as loud as the hate.
$IGV has had another bounce however as you know I see this rally as corrective and I truly think $ZETA $PLTR $MSFT will see huge declines in the coming months. There are a million more attractive charts out there right now.
Memory stocks such as $SNDK and $MU look set for another decline soon as they have initially reacted to the wave B Fib levels suggesting wave C is to follow, where I will be buying very heavy.
I have been repeating this for weeks now but no changes to crypto as it's still wave 2, and wave 3 will truly make generational wealth. My favourite names are $ETH $BTC $SOL $MSTR $COIN.
Going into next week $XPEV $UBER $VELO are high on my watchlist and they all offer huge upside in the coming months.
$MOH is another name I can't wait to buy, especially after Burry disclosed his long position. I suspect this to be in wave B and I will buy heavy in wave C.
All charts related to anything mentioned here have been posted with entries and targets.
Any feedback on the account is always welcome, let me know what you'd find helpful and want to see more of.
Any questions drop them below ๐