Been 1 hell of a ride!
It took me 5 years to get 250k and less than 1 year to get $1 million. God is good!
@Jake__Wujastyk@TJTheWheelDeal@TheLongInvest thank you boyz
$sofi $baba $hood $pltr $soun $google $amzn $bidu $celh
$HIMS
And this is also Bullish
Price action is getting squeezed between the 50 and 200 WMA while holding support on the 200 WMA and the historical $25 level
After completing Wave 2 and moving into Wave 3
And while in a bullish wedge AND not following the US market and being in the health sector.
In fact, it could not look any more bullish even if I drew the price action myself
Everyone starts thinking it’s going to be easy
Everyone starts thinking they are going to day trade
Eventually everyone realises it’s not easy
And everyone, who survives, becomes an investor.
It’s not supposed to be easy and it’s getting harder for this generation as their patience declines
Become an investor sooner
Develop patience
Control your emotions
You’ll save yourself years and losses
$ASTS is going to be one of those positions that you’ll look back on in 1 year and wonder
How did I not take advantage of $ASTS in the $50’s?
They have the product
They have the moat
They have the management
There are ENORMOUS barriers to entry
They have the partnerships
They have the oligopoly
They have the fastest growing market in the world
Buy all day long
And it’s a buy all the way up to $100
JUST SAW THIS ON MY FEED
THIS GUY WENT FROM A COUPLE HUNDRED K TO $27.5 MILLION USING CRAZY LEVERAGE IN JUST 6 MONTHS
BUT NOW HE'S DOWN 85% IN THE LAST MONTH
MAKING MONEY IS EASY. KEEPING IT IS THE HARD PART
So you’re telling me…
If I buy 800 shares of $MSTR at $97…
And Bitcoin makes new all time highs…
And $MSTR runs to $450…
My position would be worth $360,000?
There’s no way people are still sleeping on this….
$BABA back to $120
This was $91 3 weeks ago
Zero reason to be there or at $120
The price action will always reset and the 200 WMA is where it loves going to for a retest
Two names that for four years were in a vicious bear market for -60% ish peak to trough have now made massive turnarounds nearing fresh 18 month highs.
$TGT
$UPS
There are so many names in this category that could make similar turnaround stories.
I’ll start, $NKE is one.
Who else?
My most profitable returns have come from
Companies that moved from negative net profits to positive within 2-3 quarters
The market stays away from companies that are not profitable…which typically allows a Wave 2 pull back
Improving fundamentals and margins allow a share price to move into Wave 3
Achieving profitably attracts the masses
Wave 3 is then confirmed
$ETH back to its 0.618 Fib support level
A VERY common support level tested this week
Last time the price action did this was in MAY 2025 and the price bounced from $1379 to $4865
This year, the price dropped as low as $1510...
History rhymes
$SoFi plus is going to make $SoFi an absurd amount of money
Assume $SoFi hits their 50 million member goal by 2030
Assume $SoFi plus subscriptions 10% of total members
10%=5 million members = $50m per month revenue = $600m annual high margin revenue
Not financial advice
If you want to understand the market
Know the 0.618 Fib for support
Know the 1.618 Fib for resistance
Understand that the entire existence of price action works around these two Fib levels
Master these and you have the market
You add on support
Not sell
You consider adding again after a breakout and retest
Not sell.
So when do you sell?
At a REJECTION of a resistance level
A very little know what to look for to confirm a rejection
This is your bread and butter
Women are like options. Their peak value is when they are between 21 and 24 years old. After that, Theta eats them up. They are getting closer and closer to expiry. When they are over 45, they expire worthless. The sweet spot on the market is to buy calls with a 21 strike and sell calls with a 25 strike. Otherwise, Theta eats up your portfolio. And you make a profit when you secure kids/marriage. Dating women over 25 seriously is playing with fire. Mathematically, you are bound to lose.
$SOFI is now trading at a fresh all time low relative to $HOOD.
This doesn’t always mean HOOD necessarily has to go down. Just means SOFI is more and more likely due for an outperformance at this stage…
I like SOFI here to get back to the mid $20’s by eoy or sooner.