Jul. 17 at 4:20 AM
$ENVX this is what I do, over and over.… every setup doesn’t work out, but I try to find companies in hot segments, with significant catalysts coming and I buy when the chart shows a long-term bottom/reversal..
$ASTS early stage scenario is similar to
$ENVX. Both were getting beaten up by shorts, because shorts knew they needed to raise money from the markets to fulfill their business plan. If they could keep the price as low as possible, they would force the company to raise money at lower and lower prices, thus increasing the amount of shares they needed to issue= great for shorts… but they overstayed their welcome and major fundamental catalyst started to hit back to back…
Enovix now has the best battery mankind has ever mass produced. It’s ready for primetime with huge catalysts coming + they have a megacaps stamp of approval (
$META imo) and could dominate every device we own in the coming years. Shorts are overstaying their welcome. This stock is super explosive, like AST was. Just read the DD in my posts.