$GVA presents a conundrum. It has entered the profit taking zone, gone above it, and is new coming down below it. I am tempted to sell. But, IBD also says add on the first one or two trips to the 50dma. It had a momentary one with a big upside reversal on the same day. It is about to test now. The downside volume last few days it troublesome.
Santa Claus theory says the market will be going up through the end of the year, so I should hold and buy on a successful test of the 50. My CAVA and NVDA are below the 50dma, so that probably makes this my third weakest stock. I will no doubt wait to see what happens at the 50.
