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Honestly, getting to 2k Followers was harder than I expected.
I only recently turned on the blue check, too. Not because the number means much by itself, but because I genuinely hope what I post here is useful to some of you.
If you find my posts valuable, a like, comment, repost, or even just a quick reaction goes a long way. There are a lot of silent followers out there - sometimes it feels like I’m talking to an empty room. 😂
At the end of the day, this is still 99% my own trading journal. I document what I see, what I’m thinking, and what I’m learning.
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$NRXS will double after the breakout.
WMA5 to catch up -> close above the weekly BB 2s and I am buying too!
Thanks for sharing, @mvcinvesting 🙏
$NRXS is up 5% after appointing Craig Blanchard as Chief Commercial Officer.
The company continues to take the right steps toward becoming a much larger business.
I own a sizeable position.
~a week for $RSP to reach the DMA200 and back test the prior pivot:
$GEV - just in case - the KEY level is $1000
Reclaiming $1000 opens the gate to $1500
This is a R10 trade
$GRRR
The setup is loaded. All it needs now is a spark.
The 20, 50 and 200 MAs are all converging in the same zone…
$ASTS: “I’m consolidating.”
Eye contact with the defibrillator.
Not a big fan of such patterns, but here we may have a nice c&h and a vcp pattern.
My rule of thumb - the fourth attempt to break the level usually plays out
$IREN 4h chart:
$MCHP 🔥
- Bollinger bands expansion
- Above DMA50 and reclaiming DMA200
- Short-term trend turned bullish (MA5>MA10>MA20)
- MA5 crossed the sigma 1 Bollinger 💪
Just observations :)) Not an advice
$SMMT - important how it closes the monthly bar against the SMA20:
$S is testing one of the most important levels on the chart: IPO VWAP, which often acts as a major institutional reference point.
Technically, the daily chart shows a potential nested 1-2, i-ii setup with higher highs, higher lows and price pressing against major resistance.
Fundamentally, this is no longer the unprofitable IPO story of 2021. Revenue is still growing 20%+, margins are improving, and the company sits on more than $800M of cash.
If IPO VWAP flips from resistance to support, the next phase of the trend may look very different from the last four years.