I think $MU and $DRAM could be one of the best plays next week if they continue the downward trend.
the chips that $MU makes are only going to increase in demand.
Elon even stated yesterday that NO ONE is producing memory chips in the U.S. besides $MU but their faculty won’t come online until 2028.
The next 1-5 years will showcase tremendous demand in this space.
$AMD, $IREN, $NBIS, $FPS, $VIAV and $AAOI are also great buys if this sector continues to show weakness here in the short even though they’ve run so much already.
$BTC
Below $60k we see $49k pretty quickly imo
Low volume bounce for the last three months just setting up the next leg down
$MSTR heading for double digits
$COIN sub $140 gets UGLY
Crypto winter
$AMD — This far and no further
Between $496 and $614, I expect $AMD to form an intermediate top.
I still expect this rally to continue, but only after a correction below $450 — potentially even a retest of the May 2026 earnings gap around $393.
Let’s see what the fall brings.
This rule has proven success, & will guarantee your portfolio to outperform the S&P 500 year after year…
Buy stocks when $VIX is $30.
Buy even more stocks when $VIX is above $45+
Sell stocks when $VIX is $14.
& simply repeat the cycle!
$FSLR
Breaking out of a massive 20 year IPO base
U.S. based utility-scale solar manufacturing company with a strong policy tailwind, technology moat, and massive backlog.
Last time a stock broke out of a 20 year base... intel tripled.
$ORCL
This is exactly what you want to see for trend continuation
Low volume pullback to the 9EMA
Setting up for the next leg higher
Targeting $250+, top watch into tomorrow
Stocks don't go straight up forever...
$OSCR has been on an absolute tear.
If we end the week here then we have a false breakout of the two year base.
I'll be adding aggressively if we pullback to these levels.
$NU
This was an analysis I shared with subs, warning and outlining the bear case and buying targets.
Three months later, NU hit that target on the dime.
Buying range is outlined. This is easily a $30 stock!
What you do with that information is up to you. 😉
A lot of pessimism is priced into $SOFI stock at this moment:
- Higher inflation
- Potential rate hikes
- Lower credit quality
This is possible but it’s equally possible that Trump makes a deal with Iran, rates stay stable, inflation declines in H2, and consumers remain resilient just as it happened since the last hiking cycle that began in 2022.
In that case the stock can quickly recover and we may see a new ath later in Q4.
Given that we are in an election year, I think the latter is more likely than the former.
Long $SOFI
$NKE #NKE I'd argue this is by far the most asymmetric bet you can currently find in the market.
Anyone remember the red candle vs. % Range uptick thesis on $TSLA when it was at $345?
Same story here on $MSFT ...
Tries to break out and then gets stuck below the 100SMA yet again.
Just going to set some alerts above $434 or under $400. Until then same thing on repeat 🔁