Sep. 21 at 8:08 PM
$BE overall, nice day. Let’s see how the trend develops this week. Historically, we tend to see strong ramps with spikes at the open that fade throughout the day.
More importantly, fundamentals and macro still look strong. We’re about a month away from ER, and there’s been a lot of positive news since the last one, including new contracts—potentially setting the stage for higher guidance.
A new wave of positioning could start opening up ahead of the ER. Volatility is a feature here, and if you have the time and patience, there’s definitely room to swing it.
That said, I guess staying long is more profitable—you don’t risk missing those explosive runs when you’re already in.
