$HIMS Down 60% Buyers Yet to Show Monthly BX Signals No Entry
We turned bearish on $Hims & Hers Health Inc.(HIMS)$ in October. The stock is down 60% since then. 🩸 Sellers are still in control and I am still not buying. Here is why. Price is sitting right on the monthly fair value band. That is long term support from an institutional standpoint and normally a level worth paying attention to. But support is not a signal. Buyers showing up is the signal. The monthly BX is not showing that yet. Until it does, I am not touching this. I know the temptation here. The stock is down 60% and sitting on a key level. It feels like the bottom. That feeling is exactly what gets people into trouble. We do not buy discounts. We buy strength. Will I miss the perfect bottom? Yes. Every time. That is fine. I would rather b
$LMND Bull Cycle Ends After 217% Rally Institutional Buying Turns Red
After a 217% and two year rally, our long term system is calling the $Lemonade, Inc.(LMND)$ Bull Cycle Over ❌ The monthly BX has turned red. That tells me institutional strength is being pulled from this setup. When that happens, we do not fight it. We step aside. I want to be clear about what this is not. This is not a short signal. I never look to short positions. This is simply the system telling me the criteria for a long term hold is no longer met, so I stop holding. No drama. No guessing. The indicator flips, we move on. My worst case downside expectation from here is $35 to $40 over the next 3 to 4 months. I am not trading around that. I am just watching. When the monthly BX shows buying pressure again and the bull cycle criteria is met, I
This week’s market highlights show a mix of bullish and bearish setups across key stocks, with some poised for strong rallies while others remain under pressure. 1. $Plug Power(PLUG)$ $PLUG is now up 40% from this post Congrats to anyone who hit this First target level is now hit. Next target would be $3.50 2. $Tesla Motors(TSLA)$ As of last week, I’m no longer bullish on $TSLA ❌ My system is showing bear cycle criteria, so I have to respect it. As always, I hope I'm wrong. Base case is a move back into Monthly Fair Value around $300. When my criteria flip long again, I’ll get bullish again. 3. $IREN Ltd(IREN)$ I’m flat on $IREN and I hope I’m wrong. MBX is red a
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$CRCL 20260410 78.0 PUT$ Sharing to earn coins. Hope can soon soon collect almost full or full premium for this PUT option that was rolled from $86 STRIKE last week.
$SOFI Bull Cycle Ended Stay on Sideline Until Buying Pressure Returns
$SoFi Technologies Inc.(SOFI)$ 's two year bull cycle ended March 1st. People keep asking if this is the bottom. Here is why I am not buying yet. Two things I look at before entering any long term position. The monthly BX and the fair value band. Right now both are telling me the same thing. Stay away. The monthly BX measures buying pressure. When it is dark red, there is no buying pressure in the market. No buying pressure means no entry. Simple as that. I do not care how cheap the stock looks. If institutions are not buying, I am not buying. A lot of people want to time the bottom perfectly. I get it. It feels great when it works. But the downside of being wrong is holding a falling stock for months waiting to break even. That is not a trade. Th