I didnt think I would ever get involved in the market till March of this year when I came across Tim Sykes. The man planted the seed of financial freedom in my head and ive been watering it ever since. No trading at all though. Ive been using Robinhood as a stepping stone for now just to get a feel for the market. I know Tim hates on Robinhood but I think its good for beginners to utilize it to get a feel for things, ya know, build a watchlist, check the stats, review and correct mistakes and maybe throw a few dollars in there to really test out the waters. The start of July was me finally strapping down and opening an E*Trade account. Got a solid watchlist going and just hungry as hell for more KNOWLEDGE and of course $$$. This stuff takes time and time is all I got. I only sleep about 4 hours a day, work overnight, toilet study (StevenDux style). Im in love with the game, the journey, and the chase for financial wellness. The compensation is just the icing on the cake. When youre truly driven by something you will risk whatever it takes to get there. No excuses. no days off. Its that Millionaire Mindset Tim stresses all the time because that way of thinking molds your life and who you are. Think big Dream big. Aim small miss small. Perfect setups only.
Watchlist 7/19
Aveo ($2.64) up 200% as of Mid june. Year-high. Spiked up to $3.15 last week but holding weekly support at 2.60s. Up on lingering news of ongoing approval of drug in EU. Looking for price action to reach .70s, potential breakout but past 2.74 high. Finished the day sideways but positive. Waiting for EU news or solid catalyst. Volume is solid.
WKHS ($3.09) Slow momentum build up as company releases videos and news for their upcoming reveal of their surefly helicopter and drone for the first time in United States. Shares went up to 4.70s last month after 1st reveal in Europe. Im predicting same run up but maybe bigger. Solid breakout buy 3.20s. buy the rumor sell the news. Holding support at 3.02
BIOS ($3.00) Traded this last week 2.80-2.94 felt uncomfortable with price action so got out. Lingering around 3.00 area but solid run up since April. Has yearly resistance at 3.10s-3.30s Earnings are coming up beginning of August so definitely will watch for price
GGB ($3.48) Basic Material stock up on solid positivity of overall sector due to the Trump administration. up 15% past month solid. price action and volume. Holds yearly support around this price but will be looking enter in if coming up on the 3.60s-70s. from previous support.
HMLSF ($7.40) I layed down in what I believe is the next best thing. A solid foundational investment on a brand new ETF just released in May. Its the first ever Marijuana ETF in North America. The Cannabis Industry has gone through its runups in the past but could only go so far due to lingering Federal regulations and a skeptical market. It seemed like dangerous waters back the but the industry has been siliently making moves in 2017 and is set for a big run up in 2018 as more countries move closer to legalizing Cannabis as well as companies partnering up and strapping down for the long haul. Reports indicate at 20% annual growth and far more past 2021. This ETF is an example of the Cannabis industry being a giant moving train that simply doesnt seem to be stopping anytime soon. I KNOW this is an ETF to look out for as I will be aboard this train for the LONG HAUL.
Best of Trades
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