Hey Everyone!
I hope you are doing well and handling this pullback in the markets.
Yesterday Jim Roppel was a special guest for Webinar 7 of John Boik’s Masterclass.
During his 1.5 hr segment he shared his thoughts on the Market and went over some of historical trades.
He’ll be back Saturday for another appearance as he walks through trades he made in the 2000s
In this post I share details about the trade and exclusive clips of Jim walking through his buys & sells.
I also included a clip of Jim’s take on the current markets and market leaders.
If you enjoy this please be sure to like and subscribe!
Here is Jim’s Trade:
Here is the sneak preview of him going over his trade of Broadcom which made him a millionaire and changed his life.
No one has seen this clip but you:
The fundamental thesis for the trade was that more and more users would be switching to high speed internet.
He bought as Broadcom pushed off the base lows and broke through each of the three resistance levels at 64, 68, and 75.
Broadcom exploded from the base and showed constructive and tight action as it trended higher.
In the video Jim discusses the trips back to the 50 day, and how he was able to hold through them.
Finally after a climatic move higher Jim sold his position as Broadcom returned to earth.
I also recommend you check out this clip where he discusses current price action and moves in NVDA SMCI PLTR and more.
If you enjoyed these please leave a like on this post!
Cheers!
Richard