Analysis of individual stocks to clear positions and increase positions (26/06-30/06)
Since the stock was cleared last week $Direxion Daily S&P Biotech Bull 3x Shares ETF(LABU.US$ , there will be no analysis this week $SPDR S&P Biotech ETF(XBI.US$
I cleared the stock during the Friday session (I'm used to doing this at the end of the day. This time, since I planned to sell it very early, I chose a high technical level to clear the position early) $Direxion Daily Small Cap Bull 3X ETF(TNA.US$ It's not that it's not performing well, but some other reason. When I analyze SMCI later, I'll say, $iShares Russell 2000 ETF(IWM.US$ It has completed a wave of strong rebound. Currently, it is too far from the 10EMA. It needs to be adjusted in the short term. The future will depend on fluctuations and rises![]()
The rest of last week was cleared before the closing of the market on Friday $Micron Technology(MU.US$ When it came out of the base and was above the base support line, my expectations for it were very high, but the performance was too poor and fell below the base support line, and sold resolutely according to discipline. Trading requires no emotional factors. Stock performance determines everything. Stock performance determines everything. Without the accumulation of large profits in the early stages, I have no reason to continue to tolerate this kind of performance![]()
$Shift4 Payments(FOUR.US$ After falling below the 200EMA at the end of the session on Monday, I followed the plan and chose to clear the last 1/3 position. Seen from the rearview mirror, this was a bad deal![]()
But I understand: in a situation where the initial buying point is bad, the stock's performance is likely to get worse and worse. A successful trade is often profitable right from the start![]()
Strict requirements for entry points are very necessary![]()
The last 1/3 of the stock was cleared at the end of the day on Monday $StoneCo(STNE.US$ , According to the trading plan, choose to close the position after falling below the 21EMA. It looks like it will take a longer period of time to adjust. Maybe it's a range fluctuation. With more high-quality stocks, I won't continue to pay special attention to it for now![]()
The position close to the 10EMA before the market was entered on Monday $Tesla(TSLA.US$ , Since it fell below the 10EMA at the end of the day, it was directly cleared. According to my personal research, in the last three years, when the closing price of a strong upward trend falls below the 10EMA, it is likely that TSLA will enter a range adjustment/continue to fall. I don't want to fight against the rules. Although it has already been cleared, it is possible for TSLA to break its own rules because it is TSLA![]()
but I wouldn't trade with such expectations![]()
When it's Thursday $DraftKings(DKNG.US$ After the small platform broke through, they chose to buy quickly. Trading volume increased on Thursday and Friday. After two days on Thursday and Friday, it did not show the intensity of increase it should have at all, and was further away from YOYO at the 10EMA position. Perhaps the consolidation platform was too short and the structure was not tight enough, so I chose to clear my position directly at the end of the Friday session. Without profit accumulation and potential time costs, I don't want to get too entangled here; capital needs to go where it is needed even more![]()
$RxSight(RXST.US$ On Thursday, I completed the expansion of trading volume and broke through a platform that was long enough and close enough. The starting point was at 10EMA. This was a breakthrough in AAA level settings. What's embarrassing is that I had no positions to increase my positions at the time![]()
, this is why I said before that capital needs to go where it is needed... Currently it is still 1/3 of the previous position (3.92%)![]()
$Marathon Digital(MARA.US$ I was the big winner in June. Currently, I continue to hold 2/3 of my original position (15.09%). With such a large accumulation of profits, without touching my bottom line, I will give him enough room to fluctuate, and the winner will find his own operating model![]()
$SoFi Technologies(SOFI.US$ There was a sharp shock and sell-off under the influence of the negative sentiment of Friday's negative news. When it comes to news, I am a reverse thinker most of the time. This gives me a little more intention to continue holding, and my position and risk exposure are still within my control. The current position is 6.81%, and the 8.2 support continues to be used as the bottom line observation![]()
$e.l.f. Beauty(ELF.US$ It's my little dragon. Maybe the stop-loss strategy I started was too tight, and the lowest price of the day was just a stop-loss of less than 3%, but I planned two positions twice in advance... Currently, its trend is still healthy, and it has continued to break through its record high, continuing to hold 1/2 of its original position (3.89%)![]()
On Friday, the position was reduced by 1/5 before the market closed $Super Micro Computer(SMCI.US$ It's not that it's not running well. It's my personal position risk management (no more than 25% position in a single stock). After reducing the position, I currently hold 20.36% of my position. SMCI holds a position for only one week, and the profit is over 15%. This is the performance that a leader should have. 3X ETF $Direxion Daily Small Cap Bull 3X ETF(TNA.US$ Even with such a strong rise this week, only 10%... You can see the running ability of the leader dragon![]()
, and there's no need to worry about losses, which is why I'm starting to give up on choosing 3X ETFs in an uptrend![]()
$Palantir(PLTR.US$ The strong performance not long ago attracted my attention. On Wednesday, he chose to buy when he completed a pullback to the 10 EMA on the upper position. The trading volume in recent days was low and stable. On Friday, he reduced his position by 1/4 before closing. The purpose was to reduce risk exposure. The stop loss level was the lowest point of the day. Currently, he has 18.78% of his remaining position.![]()
$Vita Coco(COCO.US$ Another little dragon I recently discovered, it and $Celsius Holdings(CELH.US$ It is a star in this industry. The performance growth rate+price trend is directly related and very strong. Before closing on Friday, choose to enter when trading volume dries up two days after the pullback. The stop-loss point is the lowest point of the pullback. The current position is 8.23%![]()
Starting this week, I will not be posting future stocks to focus on. My own focus is much greater than what I posted before...
Finally, post the account's total settlement profit for June and the current position situation. I wish everyone a happy weekend![]()
“Trying to buy under oversold conditions and sell under overbought conditions is risky as a trading strategy. Ignoring a strong directional trend will eventually lead to a sharp decline in buying.” -M.M
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JohnCS : nice writeup bro stone!! thanks for sharing your reason to buy and sell clearly too. learning a lot!
sTone83OP JohnCS: Thank you brother for your reply. Not only can I show it to you, but I can also look back often in the future
嘟嘟0514 : Thanks for sharing!
icezzz :
thanks for sharing