I spent some digesting the movements here yesterday after $HIMS had pulled back from its enormous climb $24.67 and then started to pull back
I could not see any other scenario other than still being in this Subwave 3, so I made the decision not to trim, in spite of the large bounce and stick with this.
Price has again jumped another +10% since its pull back level to its high today and Wave 3 is still the target at the 1.618 Fib at $25.
My portfolio has gained almost 4-5% this week from $HIMS alone......and in comparison, the loss from $SMCI was 0.33% of my portfolio.
So yes I made a loss from $SMCI but by focusing on my winners and not my losers, I recovered and gained substantially within a few days.
There is always an opportunity close by.
AL
2024-11-07 23:59:01 +0000 UTCIssac
2024-11-07 20:22:01 +0000 UTCThomas Nugent
2024-11-07 19:34:40 +0000 UTC