Surprised that he didn’t have RBLX. Anyhoo, I added some back what I have sold before earning and yesterday. No action for COIN and U… placed GTC buys that didn’t trigger … guess my buying price is too low
IMHO, buying wave ii so early is like catching a falling knife, wondering…
rebounding fairly strongly… holding my breath that wave iii might have started. Meanwhile…
U is still completing/ might have completed wave i … is why I didn’t want to add here… waiting for confirmation of wave i has completed and then try to buy back sold stocks when wave ii is likely to be completed…
COIN is still in wave iv known to be impossible to read till it shot above wave iii $369.5 then we know wave v has started… careful here… only extended wave v means continue to hold, otherwise is prepared to sell… talking from a trader’s perspective.
Note: Holding a core position in all four stocks which won’t sell because these stocks are in multi-year rally, merely swing trading opportunistic buys.
I am starting to hear the ‘b’ word – bubble – from people I respect. Trying to decide how to react given inflation. It’s not easy to figure out where to park assets.
I think you said next wave of U is in the low 220s. Will be interesting to see if we get there in the next few months.
Bubble is what investors feel when a stock is in extended wave but is hard to guess when it will end… can blowoff to absurd height… the max extension is 7 times the length of wave one which is very long.
Currently, I am conservatively view it as in wave 3.i… if it blasts above $230, then I would view it as wave 3.v with wave v extended… it will rocket to… well very high… so high that you would laugh even in your dream.