Summary of S&P 500 and some of the stock I'm invested in
This is my first video on TradingView, where I’m sharing insights on my current trades, how they're performing, and some key lessons from recent mistakes that I need to address moving forward.
Quick Summary:
S&P 500 is starting to look overextended, increasing the likelihood of a pullback.
This isn’t the ideal time to jump into new trades. Instead, I’m waiting for a pullback to the 10 EMA, which could offer better entry opportunities.
Exelixis (EXEL) turned out to be a fantastic trade, with a strong move upward.
After such momentum, it's wise to expect a pullback. I'm letting the stock breathe, with the goal of possibly catching the next leg up.
I also reviewed a few other trades and highlighted some stocks that are on my watchlist.
Right now, I’m letting the market unfold naturally and looking for clear setups before entering again.
Trading is a game of patience and positioning—it's not about forcing trades, but about waiting for the right ones.
Quick Summary:
S&P 500 is starting to look overextended, increasing the likelihood of a pullback.
This isn’t the ideal time to jump into new trades. Instead, I’m waiting for a pullback to the 10 EMA, which could offer better entry opportunities.
Exelixis (EXEL) turned out to be a fantastic trade, with a strong move upward.
After such momentum, it's wise to expect a pullback. I'm letting the stock breathe, with the goal of possibly catching the next leg up.
I also reviewed a few other trades and highlighted some stocks that are on my watchlist.
Right now, I’m letting the market unfold naturally and looking for clear setups before entering again.
Trading is a game of patience and positioning—it's not about forcing trades, but about waiting for the right ones.
Dagangan aktif
As of today, not much has changed overall. The S&P 500 continues its uptrend, but upward momentum seems to be slowing down, which makes it more susceptible to a potential pullback.Stock Updates:
DOCS: Came close to hitting the stop-loss today, but still holding the position.
EXEL: The price is now overextended, so a pullback is likely. I’m staying in, as my rules don’t call for taking profit just yet—though today’s wick is a bit concerning.
VIRT: Touched the 50 EMA and reacted strongly, forming a hammer candlestick. This suggests sellers were initially in control, but buyers stepped in hard. The significant increase in volume strengthens the bullish case.
AEE: Bounced off a support level and moved upward, but volume is fading, which lowers the probability of a strong continuation.
JD: Not performing well—closed at 34.35, which isn't ideal. But as always, some trades go our way, others don't.
As long as we stick to our strategy and follow our proven rules, we’ll win over time. So stay focused—we’ve got this, team! 💪
Most of the other stocks didn’t show meaningful movement today, so nothing notable to report there.
Thanks for watching, and I’ll see you in the next update!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.