pillwaz

Hello monkeys, was just staring at the $IQE chart and found something. Perhaps we are in a bull flag breakout and re-test pattern here instead of the previously wedge pattern I described earlier. The only note of caution is that the "breakout" we had was on relatively flat volume. So we really need to see volume come in to confirm this move. If not it's fake. Just wanted to share just as food for thought, but it's not a high conviction read on the chart.

Probably gonna sit heavy cash until after IPO season unless something else changes. I don’t have the alpha, brain, or skills to navigate the short term volatility. I’ll continue to hold my conviction plays $PENG, $MDA, $OUST, $NBIS and hang out until better weather.

The SpaceX IPO fear + continued space interest is going to push alternative space stocks up as long as (1) real orbital Data Center deliveries start happening and (2) macro continues being bullish. I like $MDA for the lower multiple, Canadian discount, legacy status, and history of execution with satellites. That said, fears include a larger space sell-off, more rockets blowing up on TV, etc... I might eat some pain in the short term but I'm happy with a low $40's average cost. $RKLB, $RDW, $BKSY, $SPIR, $PL

Almost all money is rotating into AI Upcoming SpaceX, Anthropic and OpenAI IPO are sucking liquidity and capital out of crypto