$Pure Storage(PSTG)$ another successful trade in the month. Although it hit my cut lost point in the first trade. However, I saw the momentum is strong. Its doing better than the s&p index. So I decided enter the second time and bingo!
$Semtech(SMTC)$ another trade for this stock. Bought it on the day when it pull back with low volume. Very lucky that the next day it break out with high volume. Although it doesn't have follow through the next day it break out. But as long as it didn't hit my cur lose point, I still hold. Now am in good profit position. Set the cut lose point higher.
$Tesla Motors(TSLA)$ temporarily am bearish on tsla. If you look at the rebound has not much strength and keep being sell down. However, am bullish on tsla for long term. Technically tsla needs to consolidate for at least a month then only it has momentum to continue going up.
$Oklo Inc.(OKLO)$ a small trade for this stock before reaching the end of Dec 2024. Knowing that how fluctuate is this stock. Bought when it tried to break out in Dec last month. However it had failed. Almost hit my cut lose point which I set slight below 20 ema on 31 Dec. Now it successfully break out with high volume. Now my strategy is to set the cut lose point higher probably slight above all ema lines. Would top up again when it break out 28.17 with high volume.
$Tesla Motors(TSLA)$ everyone is waiting for 10 Oct now. Can Elon surprised us by giving more positive aspects on that day? Technically am bullish on Tesla now.
$Tesla Motors(TSLA)$ No. The entire EV industry is bearish now. The Robotaxi is still too early to judge whether it can save Tesla. Just like the last bearish in chipsmaker, it needs some time to form a bottom base.
$Oklo Inc.(OKLO)$ follow up on this trade. As we can see from the chart, I have sold it when the stock breached below 5ma. Yes I have given back much profit but this is trading. As long as not losing then fine. We trade what we see.
From the past, it seems that market would rally when the fed stop the rate hike. Then not long followed by economy crisis causing the fed to cut rate again. Hence likely this could be the last wave 5 rally of the stock market. MSFT and NVDA both already new high. Likely the rest of big tech would follow as well before the rally ends.
$Grab Holdings(GRAB)$ share price has been between 2 ++ to 3++ for long. No harm to buy some now wait the it to go up. I mean the down side is minimal but upside is higher. This is a good chance since it posted profit earning on latest q.
Started my trading since Jan this year. Overall quite ok. Some trades were profitable however some were losing e.g. tesla. Well, I learnt that as long as set your cut lost point properly you won't lose big. Setting a proper cut lost pint is very important in trading. A proper prevailing profit taking point too is important. I wish I can be a successful trader in near future.
Yes will buy AI concept stocks l. However, not now as the stock price mostly hit new high. Rather wait for a correction then first choice would be nvidia.
Need to look at from technical point of view. If the volume is not high then we can try buy some when the stocks touch 10 or 20 ma line. Please avoid if the selling volume is high.