$Tesla Motors(TSLA)$ Obviously I'd be delighted to see Tesla race on to $300 soonest. I was expecting it to touch 250 by mud July but lo, already the current market price is $246.39. With its 200-day moving average at $206, it is suggesting a long-term bullish momentum. I think the price is not at the support price zone, suggesting cautiousness around buying timing. As an analyst recently wrote, current price zone accounts for about 21% of trading activity (volume) over the last year, suggesting possibility of increased trading activity in this zone going ahead. Therefore I'd be treading cautiously in this counter. Stay invested and look at further investment strictly based on research.
I personally feel the next Nvidia like stock is unlikely to be from the IT sector. It is likely to be from a totally new field. My personal favourite is a company like$Joby Aviation, Inc.(JOBY)$ . It is more of a conviction pick.
Let us see Nvidia for example. Looking at the Bollinger bands, I am guessing if it breaks 178 then it can test the 140 range. So, I do plan to play safe - nibble from the corners with starters but wait patiently for the main course & desserts 🍨.
$Advanced Micro Devices(AMD)$ While I have trust (or hope) on this counter's long term potential, its continuous fall of late, has made me wonder if it has started to resemble a gamble more than an educated trading bet. All said and done, I am trying to average down the holding price whenever possible in the hope of a rise in a couple of quarters. I will reassess this counter around June 2025 end to decide whether to continue or hold.
$Serve Robotics Inc.(SERV)$ Seeing potential in the robotics area and therefore making a small entry to test the waters to then to assess a decision later to see feasibility of a larger investment.
$Palantir Technologies Inc.(PLTR)$ I'd booked profit on this counter at $85. Trying to keep adding in small tranches to rebuild the holding at a lower price as I see potential in this counter.
I do bet on underdogs sometime where I do see potential turnarounds. One example being $BlackBerry(BB)$ . I made some money in the counter, booked profits and went on a correction but saw it going further down. Hence holding it for thr long run. Another one I do see making a potential turnaround is $Intel(INTC)$ & $UnitedHealth(UNH)$ . Yesp, it's a long waiting game.
This deepseek is a disruptor for sure. But it's not a doomsday event. Personally I think the scene now is something like what 8t was when xiaomi first entered the market as a competitor to iPhone at around 30% its price. But now it is as expensive and also pushes ads on even their premium phones now. And Apple & Samsung still hold forth. Perhaps this is how the AI scene would unfold in the future too with the likes of Nvidia, Micron, Palantir etc. having their own share.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Reducing holdings, on breakeven, in this counter to derisk. While I see potential, I feel the volatility is unviable - overall this has tested my patience quite a bit.