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June 21 report feature

Narrowing Focus

20D trend
QQQ
SPY
IWM

Overview

I keep saying I'm bullish, but this environment is different from it was April/May. The action is more volatile, we have been more prone to morning gaps, and overall just getting new positions has been more difficult. AMD last week alone took 3 attempts until the current one worked for now.

Last week's report was focused on Feedback Invites Exposure. After I started to get positive recent feedback I added more exposure and continued to get positive feedback.

Themes Observation

Last week the strongest groups were:

• Semiconductors
• Neoclouds

We also saw some developing strength in:

• Materials

The weakest:

• Software


Many Space stocks are near support areas however this group continues to be an avoid for me personally just because its been trading rough and the easier trades are in Semis + Neoclouds.

There are a handful of really good looking stocks in Software that deserve attention if we see the group come around.... otherwise without group participation the trade becomes more difficult.

Plan for this week

No chasing anything. Most likely avoiding first 30-minutes because it has been extremely difficult recently for me trying to do anything in that time period.

I feel I am positioned fairly well and if stopped on any current names like HUT I will be looking to get back in. Potentially open to adding exposure to INTC on a retest. Keeping focus fairly narrow this week.

There are so many good looking setups, but the ones in the groups that are powerful behind it are much easier money than the ones without their group behind it. I'm focused mainly on Semis/Neoclouds, unless we see a change in character from Software.

Current Positions

MU

10%
Continues to ride the 4-week. They report earnings Wednesday. Will be interesting for sure..... I will be holding.
Avg cost
$413.47
Last
$1133.99
P&L
+174.26%

INTC

20%
New weekly closing high. Officially broke out of its 5 week base. On any weakness this week a retest of the 125 pivot would confirm resistance -> support.
Avg cost
$116.64
Last
$133.99
P&L
+14.87%

DELL

20%
Still sitting in its tight range. Hasn't broke out yet so chop expected. Maybe it stays in its range another week or 2 similar to DOCN did.
Avg cost
$392.19
Last
$409.50
P&L
+4.41%

TSLA

15%
Its just getting tighter and tighter but honestly this will be first thing I cut probably if I buy something else.
Avg cost
$402.03
Last
$400.49
P&L
-0.38%

HUT

20%
Snuck in last week using low of week and 4-week ideally see this push out of its 3 week tight range right away. On any weakness I will be stopped and watch to buy back
Avg cost
$122.87
Last
$124.44
P&L
+1.28%

AMD

15%
Ideally this now has pushed out of its 3 week range and moves right away. Low of week / prior 3 week tight pivot will be on watch on weakness for resistance -> support flip.
Avg cost
$517.65
Last
$537.37
P&L
+3.81%

My Focus

5 charts
DELL$409.50
AI Hyperscalers
Current position extremely tight near highs. When a stock moves up this much and tightens near highs its a sign of strength. Until it closes above 420 its still basing and can be choppy, but thats when I'd prefer to accumulate.
NVTS$24.02
Analog & Cyclical Semis
Inside week last week as it consolidates above prior ATH. So far big resistance -> support flip. Ideal scenario is another inside week or retest closer to the $22 level to get involved.
6mo view
Prior ATH
HUT$124.44
Neoclouds
One of the strongest neoclouds. I used the tight price last week to sneak in ideally if it pushes right out of this 3-week tight area. If it gets stopped out this week I will be watching the 4-week to buy right back.
INTC$133.99
AI Compute
Picture perfect base breakout to new highs. A pullback and retest of $125 pivot level could offer good spot to get involved or add if it confirms resistance -> support flip.