Picked up SE also as it has drifted down at 11:45. Sold IDR and PLX for cash.
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I have not bought anything today, but did go FOMO yesterday and bought a lot, very low on cash now.
IBD breakouts: SE, AXON, RBLX, UBER, CVNA, PLTR
adds to existing: ONON, SHAK, CAVA, JBL, HOOD, VEEV, RL, META
New: ALAB, IWF
My too-early buys of RBRK and RBLX are now working out nicely.
I need to find some cash for GEV. They will be selling to Saudi Arabia and maybe more of middle east. They will sell turbine for increased NatGas power plants (and AI datacenters). The admin is relaxing regulations and permitting to get new Nuke plants going and that will help.
It is just below a buy point in a stage 1 cup base and has a blue dot RS of 98.
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Just encouraging you here. You have a system. You understand how it works and why. When your system works you do well so stick to your system. When it doesn’t, tweak it to be better. I think you guys are doing well with your system as I follow along…doc
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Thanks. In this case it is idle frustration, I followed the rules and am still comfortable with that decision.
For those noticing the animal spirits, one of the old “Heat” stocks may be warming up again. RKLB reported earnings on 5/8 and almost fell the to the 50dma, but it has been all up days since. I recently moved past a price label. Also note that it never fell below the 200dma and in fact had a nice reversal off of it.
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Sold over 1/2 my LRN to buy SFM as it moves above the downward trendline in the handle of a cup/handle base. I still have a full position in ATGE, which is much stronger.
I made a couple dollars in SFM earlier and sold it because it was doing nothing. Then it put on this handle, so in it again. I like the company and it has great growth ratings…
ROAD is back on my watch list. Maybe worth a buy-stop. IBD stock of the day.
LIF is building a flag off Earnings Flag Pole
