1. $Micron Technology(MU)$The monthly price action is above the upper Bollinger band, and the RSI is quite overbought. Previous occurrences in Feb 2021, and April 2024 suggest that a return to the Bollinger range is coming, followed by a multi-month decline.Stock chart for MU on monthly timeframe displays green and red candlesticks forming price action above the upper Bollinger band. RSI indicator at the bottom shows overbought levels above 70. 20 MA line in green trends upward. Annotations highlight previous occurrences in Feb 2021 and April 2024 with green arrows. 2. $Invesco QQQ(QQQ)$ The 50DMA is becoming resistance. Zooming in to the 4-hour chart, there was a lack of conviction at Friday's close, unlike
🌟🌟🌟$Global X Defense Tech ETF(SHLD)$ seeks to invest in companies positioned to benefit from the increased adoption and utilisation of Defense Technology . This includes companies that build and manage cybersecurity systems , utilise Artificial Intelligence and big data. SHLD also includes companies that build advanced military systems and hardware such as robotics , fuel systems and aircrafts for Defense applications . Is SHLD a good buy? Reasons to Consider SHLD : Long Term Growth Catalysts: Global Defense spending rose 9.4% year over year to USD 2.7 Trillion in 2024. This is the fastest annual increase since the end of the Cold War. Spending is projected to grow at a 5% annualised rate, reaching USD 3.6 Tril
$TSLA 20251128 445.0 CALL$ Yesterday, there was a lot of panic around Tesla, so I bought a put to ride the downside. But today, I saw the potential for a bounce, so I switched gears and bought a call. Happy to say it paid off! Always great when a strategy comes together.
$Quantum Computing Inc.(QUBT)$ it seems like I missed the opportunity to sell high. But I am still camping. Don't let the recent market movements affect your judgement.