@coolnit62 Always looks "foolish" until price hits the invalidation level or key reaction zone (= RESISTANCE)!
Feel free to share your lovelyπ₯Ή chart with everyone & current thesis below if you see a different setup..
I'm always open to learning from professionals! ππ€π«‘
@Rob80949294 Zoomed view here! And colorful lines just help keep key timeframes clean... Real work lies in price action, probability assessment at key liquidity zones & risk management.. Feel free to drop your chart below, always open to seeing different perspectives from professionals!π€π
You invest every month and get rich in a straight line.
Reality:
You invest every month and question everything during the drawdowns.
The market rarely rewards you immediately.
But patience gives your money time to compound.
The hardest part is staying consistent when progress feels invisible.
Last thing I will say today.
I have been charting datacenters and HPC-Ai companies before they were even HPC-Ai and datacenter companies.
Typically at least once per year $WGMI gets overheated and the RSI has to cool off.
Usually these drawdowns are anywhere from 40 to 60% and they will usually get down to around 40 on the weekly RSI before they turn up again for the next leg.
In this case we have had TWO back to back cool off periods in the past year while the demand for datacenters, compute, power, etc has gone up exponentially.
So ya just be careful being too bearish for too much longer is all I am trying to say.
The next leg up will likely be quite crazy bc we have now chilled out for over a year and had two back to back corrections in order to digest the 2025 move while ai demand has continued to grow massively.
$IWM
Nice reaction off 200-day which has offered a consistent floor in an upward market
Last time we broke below was the 2025 March-April sell off
Yesterdayβs candle was the highest volume candle since the July lows
RSI is most oversold since back in March
Markets are on the brink of a historical Q4 rallyβ¦
This kind of move will be one for the books thatβll make generations of wealth.
To capitalize on this breakout, simply buy these 7 stocks & trust the process:
1. Strategy ~ $MSTR
2. Bloom Energy ~ $BE
3. Micron ~ $MU
4. Bitcoin ETF ~ $IBIT
5. Nebius ~ $NBIS
6. Ouster ~ $OUST
7. Marvell ~ $MRVL
Bookmark this for laterβ¦