I've got three setups on my radar this week. $NEBIUS(NBIS)$ Burry's reported short took a hit as $NEBIUS(NBIS)$ got rejected at the 50MA, pushing it down toward the 0.5 Fib around $180. If it can hold support here and reclaim the 200MA, that's something I'll be watching closely. Earnings are on Wednesday. $Applied Optoelectronics(AAOI)$ Some wild post-earnings swings on Friday, but price ended up closing below the 50/100DMA. A higher low from here, or $118 holding as firm support, could signal Wave 3 is getting started rather than another corrective Wave B. $Rocket Lab USA, Inc.(RKLB)$ Keeping thi
I sold the $10 puts on $Tradr 2X Long SNDK Daily ETF(SNXX)$ expiring August 14 for $1.25. If it works out, that's a 14% ROI. I can live with that and sleep well.
$SpaceX(SPCX)$ It feels like the whole world is bearish on this right now, and that usually looks like a decent time to start building a position for the longer term. Everyone seems so sure it's going to tank in the near term, but market makers could easily wipe the bears out and make a fortune. Just saying.
$SK hynix(SKHY)$ SK Hynix is on track to post a pretty conservative yearly profit of $250 a share. That translates to $2,500 for the main stock in South Korea and $250 on NASDAQ at some point in the next 6 months. SKHY is the ADR in the US, which represents 10% of the main stock in Korea.
$SK hynix(SKHY)$ It seems to me most of the drop was just from margin cascades. From where I stand, that looks mostly cleared out now, so we're back to normal trading. I had my own margin calls during the dot-com era, so I've seen this play out before.
$Tesla Motors(TSLA)$ $SpaceX(SPCX)$ Bulls are having the last laugh, claiming Tesla and SpaceX can save that first penny on semiconductors by building a $100 billion "giant chip fab."