Names I’m looking at buying on the pullback and if it gets worse. $DRAM, $HOOD, $NOW, $AMZN, $NVDA. There’s some others, but these are my highest conviction.
bitcoin:native If you were buying at $100k why are not buying at $60k? If you still believe in it, this is where conviction comes in and how you actually make money. Buy when everyone is selling and in fear. Tune out the noise and DCA appropriately.
$COIN, $HOOD, $BTC First time in a while that hood and coin are starting to diverge away from bitcoin a bit here, especially hood. Question is does it revert some gains to track closer to bitcoin? Wouldn’t be surprised if it did.
$COIN I really like coin here for a swing, filled the gap down in the $175 area and bitcoin could reverse soon which is good for coin temporarily. Seems like a good area to start entering.
bitcoin:native Major support here at the 100 dma. Heavily oversold on the 1 hour and 4 hour chart. If this breaks we could see a retest of the 200 dma, should be a temporary bottom for now until the hourly charts reset.
$NOW Eyeing the $95 zone for reentry. Small gap that needs to be filled and it also sits right on previous resistances. Just so happens to be right where the 10 sma is at on the daily. Beautiful rejection off the 100 sma, will pass through eventually only matter of time.
$HIMS Looking at this on the weekly it is testing the 200 sma. I think worse case we fill that gap down at $17. Stuck bag holding some shares of this for now, but if it does fill the gap I will add to my position.
$NOW 10, 20, and 50 daily smas have been reclaimed. Earnings gap has been filled as well. Next big test is the 100 sma at $111.84 and then the 200 at $144.37. Could see slight pullback soon as we get closer to overbought on the daily. Overall, this looks great.
$MP Broke through the daily smas, not looking to great right now but still in an overall uptrend on the bigger time frame. Would like to see the gap get filled at $50, will add to my position there.
Is this the start of a rotation? Tech and memory slowly coming down, starting to see software creeping up. Anybody get into $NOW? Already up 10% on it. I would say if you’re in the tech/memory stocks, don’t sell but at least trim and take some profit.
$ASTS, $HIMS I swear anytime I see a stock run up before earnings, the stock sells off after. There’s always exceptions obviously, but it seems common. Should’ve sold the hims, but I got a bad entry on it and wasn’t up much. Oh well, gotta move on.