NVDA
NVIDIA
-- 149.430 TSLA
Tesla
-- 411.050 FUBO
FuboTV
-- 5.060 PLTR
Palantir
-- 75.920 AMD
Advanced Micro Devices
-- 129.550 
Costco has risen about the same, will Target catch up?
Two months ago, I bought Costco heavily at 500-505, purely based on technical analysis. Later, Costco started a slow bull market, but I sold it after making a 5% profit. Selling doesn't mean I don't believe in it, I just want to buy it back at a lower price. $Target (TGT.US)$ and $Unity Software (U.US)$ In order to gain more profit, but the fact proves that this transaction is mixed in terms of good and bad. "u" did make a lot of profit, but "tgt" has been in a horizontal trend and has not caught up yet.
At that time, Costco had just started to rise, and I posted this picture to complain. The fundamentals did not support the rise of "cost", but the technical analysis almost 100% confirmed that it would rise. Whom should I believe? After more than a month, the answer has become clear. However, now I think Costco has almost reached its peak. If I still have positions, I will lock in the profit and consider buying other stocks. After all, it has deviate significantly from the fundamentals and the technical analysis is also approaching the resistance level.
Screenshot at that time:
Bought some observation positions today. $The Communication Services Select Sector SPDR® Fund (XLC.US)$ Chasing the high should be done early. Actually, I planned to buy "XXX" directly. My friends who follow me know that I have always been bullish on Google. It's just that this time I didn't dare to gamble on the financial report and took profit before the financial report was released, missing out on the gains of these two days. Now I want to buy it back, but after thinking about it, $Alphabet-C (GOOG.US)$ performed well, and "YYY" also has potential, so I might as well buy an ETF. If there is a pullback later, I will take the opportunity to add a large position. $Meta Platforms (META.US)$ Adobe also performed well, $Netflix (NFLX.US)$ also has potential, so I might as well buy an ETF. If there is a pullback later, I will take the opportunity to add a large position.
In addition, two stocks that are already heavily invested in or about to be heavily invested in are energy and public utilities.
Recently, I read an interesting article online: the large-scale application of AI not only competes in computing power, but also in electrical utilities. The power consumption of AI calculations is extremely terrifying. For example, if Bard AI completely replaces Google Search, Bard's daily power consumption would exceed that of a large city. This is only Google alone, Microsoft is also doing it, Apple's Meta, Amazon, Adobe, and others are also involved. How much energy will all this consume? From the current trend, both XLU and XLE are showing a bullish trend, and the technical outlook is also positive.
Regarding the photovoltaic sector, for example $Invesco Solar ETF (TAN.US)$ Or $iShares Global Clean Energy ETF (ICLN.US)$ , I think it's not far from the bottom. But I don't plan to bottom fish right now. Bottom fishing is too painful and agonizing, it's really better to chase high. I still have some stocks that haven't recovered, and I don't plan to cut loss. $Enphase Energy (ENPH.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
凌凌七 : Bullshit
高贵的阿德莱德 OP : Costco has stopped rising. Will Target, which has been rubbing on the ground for so long, finally make up for it? At last, there have been some signs in the past two days. Currently, there is an overall long line on the 1-hour line. The MA10 and MA20 of the daily line are turning upward, and the MA10 has also stabilized on the weekly line. I feel like the winning percentage is getting bigger this time, wait and see.
Ice9 : It would be nice if there weren't today's gap. Gaps are always a hidden danger
高贵的阿德莱德 OP Ice9 : Which stock are you referring to?