Love your stuff, reading it everyday! Maybe I should like and comment more often then :)
I´ve got a question, if we take these 4 stocks, and look at their "cycle"..comparing them to each other, the market. How would you rank them in their cycle (Weekly)
NVDA
IOT
IONQ
VRT
My thught is, that Im kind of waiting for att pullback in some of them...like a handle, back to old ath or something..and IOT for example may have done that but NVDA is showing more strength.
INTA and AI is another ex. of a stocks that made their high in June already, are they laggers or are they the leaders that are in front in their cycle.
I can try :) Im talking about the Cycle of Price action that Kell often talks about, when QQQ is in a correction for example, how do the leaders act at the same time, are they ahead of QQQ in their cycle or not. NVDA bounced back up from the EMA65 on 14th o Aug. QQQ tried to bounce back over its falling KMAs that day, but was back below on the 15th.
QQQ bounced from the EMA65 o the 21st Aug, one week late of NVDA.
I was just comparing the stocks I mentioned in the last comment to each other in that cycle, and I was curious what your take was on that. Is IOT ahead of NVDA for example in this cycle.
I really like that you keep it concise.
Thank you Jere! For a daily read I understand people want to keep it quick
Love your stuff, reading it everyday! Maybe I should like and comment more often then :)
I´ve got a question, if we take these 4 stocks, and look at their "cycle"..comparing them to each other, the market. How would you rank them in their cycle (Weekly)
NVDA
IOT
IONQ
VRT
My thught is, that Im kind of waiting for att pullback in some of them...like a handle, back to old ath or something..and IOT for example may have done that but NVDA is showing more strength.
INTA and AI is another ex. of a stocks that made their high in June already, are they laggers or are they the leaders that are in front in their cycle.
Thanks for reading everyday and great thoughts!
Can you clarify your question?
I can try :) Im talking about the Cycle of Price action that Kell often talks about, when QQQ is in a correction for example, how do the leaders act at the same time, are they ahead of QQQ in their cycle or not. NVDA bounced back up from the EMA65 on 14th o Aug. QQQ tried to bounce back over its falling KMAs that day, but was back below on the 15th.
QQQ bounced from the EMA65 o the 21st Aug, one week late of NVDA.
I was just comparing the stocks I mentioned in the last comment to each other in that cycle, and I was curious what your take was on that. Is IOT ahead of NVDA for example in this cycle.
Market is at a shaky time of the year.
Love your stuff! 👍😎