@SteveUrkelDude The whole sector is getting beat up for no reason. WYFI is even worse. Good buying opportunities IMO. Just hard to watch for a guy like me.
English
Prima Portfolio Management
641 posts
Prima Portfolio Management
@Prima_Portfolio
I hate to lose more than I love to win
Katılım Temmuz 2023
19 Takip Edilen26 Takipçiler
If $CRWV & $NBIS don't reverse here in these areas soon I'm deleting my (Facebook) account.
Urkel@SteveUrkelDude
Sector getting beat up again today.. Both $CRWV & $NBIS at/near key mid-range supports down here..
English
Entire neocloud sector is reacting poorly to NY’s moratorium...
Except it doesn’t actually affect any of the
The only name it even brushes is $WULF, a pause on any potential expansions, not existing operations.
New York isn't where the AI buildout is happening. It’s North Carolina, Texas, and other states, or all the way in Europe and Canada.
Anyway, haven’t sold a single share, and personally bought more $WYFI at these levels.
Gotta love buying on illogical selloffs.
Wayne Liang@wliang
Despite CPI coming in cooler than expected, it seems like the market is still uncertain about AI infra/neocloud? $WULF is lower than before its deal with Anthropic. Just watched $CLSK nearly roundtrip its first HPC deal, which never happens. Seems like this sector-wide pullback is a no-brainer buying opportunity...
English
@sunxliao This should still work out ok. Bought some on the first dip but should have waited. It should all be ok by the afternoon. Already showing signs of moving up.
English
Even if the $WYFI 4H gold zone doesn't hold, we still got the daily gold.
And silver support continues to move up (been respected since April). 🫡
Sun Liao@sunxliao
$WYFI still holding this zone! Ready to use it as a launchpad IMO...
English
@sunxliao Added on the first dip but should have waited a little longer. Whole sector is down right now but should move up later in the day.
English
$WYFI still holding this zone!
Ready to use it as a launchpad IMO...
Sun Liao@sunxliao
$WYFI expecting a perfect retest and bounce, if this continues to hold. The 4H gold zone has been respected so many times I lost count... To figure out what timeframe to focus on, I like to zoom out and see how the ticker has previously reacted to support and resistance (like the gold zone). Most growth tickers respect the 4H. If not... gotta look at 1H, 1D, and 1W. Bullish above the gold (risk on). Bearish below the gold (risk off). For me at least... TA gets rid of FOMO.
English
@wliang I added too soon but my avg is 34 so it should be ok
English
Reminder that my $WYFI avg isn't that much lower than this. Actively looking to buy on pullbacks as well, which'll push me higher.
Betting on the upcoming catalysts, with a pretty high likelihood we hit the initial target of ~$60.
Pay attention. Doesn't matter if it's a $CBRS or Nscale expansion, or something completely new, if news comes out, this'll move fast.
For those that have less risk tolerance, it's an easy trade invalidation if we close below the marked zone.
Wayne Liang@wliang
Full transparency, I’m holding 86,000 shares of $WYFI at ~$34.5 average. Actively looking to add on pullbacks to hover near ~100,000 shares. IMO retail is starting to realize what $META did… $NBIS should not have sold off like that. $WULF / Anthropic validated the entire neocloud thesis and it doesn’t seem like the market has properly priced it in. There’s a reason institutions swooped in and picked up shares instantly after the selloff began. As usual, I will add/sell as I see fit.
English
@SteveUrkelDude This has been a GREAT turn around this morning!
English
@sunxliao Today was a great to avg up on that big dip this morning. Already paying off nicely!
English
$WYFI fun week incoming IMO.
Getting into position today. 🫡
Heisenberg@Mr_Derivatives
$WYFI Every pullback in this Leopold name is a buy. Think $50’s is attainable this year easily.
English
$WYFI getting that perfect retest...
Buying retests of support is one of the highest probability setups IMO.
The logic is simple.
Price breaks out. Comes back to retest the old resistance and flip it into support.
Buyers show up because now the level has been proven.
If price closes below the retest level, the setup is invalidated. Clear exit, no debate.
Compare this to chasing breakouts or buying euphoria at highs.
There's no obvious invalidation and the stop is arbitrary...
Sun Liao@sunxliao
During this "everything" crash, I'm focused on adding to my highest conviction tickers... Neocloud stocks like $WYFI look like they're getting "perfect" HTF retests. I added heavily here... NFA! 🫡
English
@Prima_Portfolio Might be wise to average up sometimes. Funny how most people don't want to buy on red days, then regret it on green days... makes sense why 99% of traders aren't profitable, haha.
English
Neoclouds (and $WGMI ETF) opening slightly red... completely reasonable and healthy after such a hot couple of days.
(Wouldn't be surprised if we flip green by EOD. $META soaring, and them breaking ground on a $9B data center this week is extremely bullish for the whole thesis.)
After a pretty sharp reversal off the bottom, momentary red is normal, even in a hot theme.
Higher highs and higher lows, that’s what matters.
Doesn’t matter if it’s my favorite pick ( $WYFI ), or other picks like $NBIS, $IREN, $WULF, or $CIFR, the thesis hasn’t changed.
Once you see red as entry opportunities and discounts, you’ll become a much better trader.
Wayne Liang@wliang
Full transparency, I’m holding 86,000 shares of $WYFI at ~$34.5 average. Actively looking to add on pullbacks to hover near ~100,000 shares. IMO retail is starting to realize what $META did… $NBIS should not have sold off like that. $WULF / Anthropic validated the entire neocloud thesis and it doesn’t seem like the market has properly priced it in. There’s a reason institutions swooped in and picked up shares instantly after the selloff began. As usual, I will add/sell as I see fit.
English