Enovix Stock Discussion

CNNT : Trend wise, this stocks looks like it has a repeating pattern. I'm new to stock analysis, so it's just a rough observation. Is such stocks easier to trade?

Dan’l OP CNNT : Anybody that thinks they’ve got this all figured out finds that markets can be irrational, illogical beasts at times, with an insatiable appetite for all you put in.
But, don’t let any of that scare you off: there’s a wealth of knowledge baked into moomoo, so you can keep learning.
My strategy is to pick what I see as good long-term investments in a given sector (e.g., AMPX and ENVX cover lithium batteries fairly well), but then trade them relentlessly.
And listed stock can be sold in a click or tap, provided you’re willing to accept the price others are willing to pay.
You’re right in recognizing patterns, with relatively predictable cycles between the highs (where ‘resistance’ to paying more is found) and the lows (where ‘support’ for the bottom is found). In this moment? $Enovix (ENVX.US)$  had a ‘breakout’ above that prior resistance, accompanied by higher buying volume; it’s still above that, today.
Now, before you start trading fast ‘n furious? Be aware of the rules about ‘day trading’ and keep a close eye on your count: if you take a position and sell it in the very same day more than three times in any five consecutive days? You will be identified as a Pattern Day Trader (PDT), which you almost certainly do not wanna have happen anytime soon. (The reverse order, selling a position and buying it back on the same day, is fine ~;-)

CNNT Dan’l OP : I can't afford to be a trader as I have a small business and other obligations. But I think at some point, I might, maybe 10 or 15 years. I want to experience a market crash in the front seat. In the past, it was just news and coffee shop chatter, I had a stable job and not in the stock market. I want to live it and see what emerges out of it. Then I'd be more equipped.

Dan’l OP CNNT : Not much to be learned by living through so-called black swan events, beyond the fact they’re hard to forget.
October 19th, 1987. Black Monday… the very day I took my retirement buyout.

Dan’l OP :