Feb. 13 at 3:35 PM
$XMTR position with 500 shares... Was waiting for a while for a small pullback..
This might be just a rebound and could go lower... so will have a tight stop. But if it does break the upper channel, I do plan to take buy in a full position after the pressure is over (around 40$)..
But for the moment, the bounce at the fibonacci level and the fact that is still (waiting for the close print) bouncing at the support level of a rising channel - I like it.
Earnings are coming up in about 10 days.. Will wait to add big size till then (in case the above scenario plays out) and see how market reacts to earnings and guidance going forward..
While this is an AI play, for me is more an industrial play than a pure AI. The market does not might agree with me, and if earnings are not spectacular they will take it down.
But I am hoping for another runner like
$PSIX :)
Not financial advice. Do your DD.
