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Weekly Monday Funday 😀 5/22/23

THE LIST

As long as we continue to see this market churn/consolidate,


these are solid.

3.) CVNA 11.47 & WW 7.65 These two are more cycle
oriented and weak pullback buys. Once the NYSI gets in position for
another move to the upside, you can buy these on any weakness and you’ll
have some sort of reaction to the upside.

2.) TSLA 188 Really enjoy the action here, as long as it still
represents some sort of momentum to the upside for the next week or so,
even a slight pullback, I think over in above all it will break through the 200
day moving average (200 bucks) either retest it or just start a complete new
leadership. Leads us into the next pick which happens to be an ETF. I
would purchase half of my position now, if it breaks down below the 50 I
would liquidate. If not, double my position above the 200.

1.) ARKK 40.58 Dissected all of their holdings and a lot look like
TSLA’s setups. Tons of energy waiting to be unloaded. On top of everything
ARKK is extremely oversold and most likely will return back to the mean
slightly compared to its 52 week highs on this next upcycle of the NYSI.

THIS IS NOT FINANCIAL ADVICE I AM NOT A LICENSED


FINANCIAL ADVISOR AND YOU WILL LOSE MONEY
Here we can see the NYSI (Tool for looking at market cycles) About to
start a new cycle to the upside, usually there will be some churning
(Consolidation) at the bottom for it to essentially sort out what's gonna
be leading and most popular for that up cycle in the market. For now,
I'm confident in the big caps still and a few closely monitored and
selected stocks to buy on weakness.

LETS RIDE

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