$AEVA
Aeva Technologies is showing a strong setup: a confirmed retest of its base breakout, with the semiconductor sector heating up again after a brief pause.
A few thoughts on the big news of the day:
The SpaceX IPO Raises a Big Question: What Does It Mean to Be a Public Company?
https://t.co/Ds4g8wbCKX via @LinkedIn
$SPCX
@ohiain Nothing today, but I entered $GGAL and $DOCN yesterday.
I was looking at $VELO 2 days ago, but it didn't give me the entry I was looking for, it just took off lol
$ORCL
I do not have a position in $ORCL BUT out of all the "Hyperscalers" in my estimation, they are likely to be one of the biggest winners long term.
While everyone is focusing on the debt and equity issuance, Im looking at the total growth of the business and the profitability that will come from the increase in commoditization of the models.
They act as an enterprise model-agnostic platform that other model providers sit on top of. They are using their considerable cashflow to leverage the current build to contract out infrastructure.
Not touching it for now until the market wakes up... but eventually it will all make sense.
$CRML
In the rare earth space, a theme that looks to be warming up, Critical Metals Corp. is setting up very nicely here and could be getting ready to make a move.
$PATH is 1 of those names that's starting to tell a story I pay very close attention to.
Not because of the fundamentals (although they're improving), but because of what the market is doing.
Think about it...
- $MU is making new highs.
- Leadership is still expanding.
...and now money is starting to rotate into names that have been sitting in the penalty box for months.
That's a subtle sign of a healthy Market!
A strong market doesn't just have leaders making higher highs... a strong market starts finding new potential leaders.
$PATH has spent 115+ days building a Stage 1 base, volume is pouring into the right side of the structure, earnings acted as a potential catalyst, and we're seeing the first real signs of character change off the lows.
It's kind of like watching someone who hasn't been to the gym in 3 years suddenly show up 5 days a week, start eating right, and lose 20 pounds.
You don't know for certain they're about to become a bodybuilder... but the behavior is changing. I'm sure @TLAMB91 can speak on this analogy.
Nobody knows if this thing works.
But the combination of AI automation, improving price action, expanding volume, and money rotating into beaten-down software names tells a story that fits exactly what I'm looking for.
Only time will tell...
My job is simply to pay attention!
Chart: $PATH.