I decided to get into a few speculative trades in stocks. I did research on these assets yesterday. On the top of the list includes assets that can still be bought at a decent price @ a very low RSI. (EWJ, BOTZ, ICLN). These can break out and I am consolidating into these.
In the middle (BOX, QQQC, and QQQ) could go either way, but are relatively safe plays.
Towards the bottom are good long term projects that could be falling knives in the short term (AMD, IQ). RSI is on a downtrend, but are good projects to trade once the price stabilizes.
My friends Khoi and Justin went all in from being bullish. I believe Khoi bought IQ at an all time high of $40. He has had more than 200% gains since starting Robinhood. I have my eyes on it to speculate. It can move parabolic like Netflix.
China is supposed to be the big boomer in current and future trends. I believe the RSI is going on a downtrend. I believe this is a very risky swing trade, but my friends disagree.
Lineup is still the same.
Largest to smallest holdings.
Not focusing on this too much this week. Stock market has my interest recently.
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