$Rivian Automotive (RIVN.US)$ has strong support at $10 and I was expecting to hold it for a while with target price of $15.
However after the unexpected good news yesterday, I will probably revise my target to $20 instead. I already sold half and kept half to see how it goes… PCE data on Friday, can probably expect another round of rally after that… good luck to all!

$Rivian Automotive (RIVN.US)$ has not surpassed the moving averages since start of this year and that’s what I like about this stock even though I am not an EV fan.
The few reasons I like:
1) Price trading above trend lines
2) Support at $10.00
3) Price was squeezed and breaking to upside
Aim: Jul 05, 24 $11C at $1.24
The only worry is a stubborn CPI report on 12/Jun/2024. Because of that, I shall go small. Or I may add some Jul 05, 24 $10P @ $0.34. I shall see how when the mar...

$Tesla (TSLA.US)$ has broken the lower high, lower low trend by hitting $198.87 on 29/Apr/2024. Since then, it has been moving in a very tight range (for Tesla's standard).
There could be a number of reasons, but the main reason: Market is undecided. Although it’s a matter of time that it needs to decide and I can see coming Wednesday 12/Jun/2024 CPI/FOMC as the cataylst for a breakout.
However I do not know where it wants to go. In such a situation, I would prefer...

$Hut 8 (HUT.US)$ is a rather slow moving stock with occasional bouts of spikes. What I like is it seems to have bottom at 6ish with potential to go to 12, 18 or even 22. I don’t recommend playing calls because it’s hard to predict when exactly it is going to rally. Ideally I hope it can rally by mid July, but it may also happen in August. (Nothing is 100%)
Now the question is whether I want to buy before 12/Jun/2024 CPI/FOMC day. I guess if I do buy before that, I will also...

$DBS Group Holdings (D05.SG)$ has been range bound between $35 to $36 for a while. It is obvious $36 is a strong “fortress” for the bears. Despite holding up well, RSI is losing steam. If price breaks below $35, it will likely look for the next support line at $32.
As much as I love SG banks, they are cyclical. I have also made some money from the rally + bonus + stock split (which is quite unpredecented). But let’s not have the mindset that good things will last fore...

$ContextLogic (LOGC.US)$ is obviously being squeezed now. There is a 50/50 chance for it to breakout to either side. The 2 big bullish bars inside the wedge makes me more inclined to a breakout to the upside.
However as next Wed (12/Jun/2024) is a CPI cum FOMC day, it will be a big move day for sure. If I do go long, I will buy some $5 puts as a hedge to the downside. There’s no 100% in trading, therefore don’t get FOMO and take your profit when it’s on the table. Otherwise things...