Feb. 19 at 6:28 PM
Mobile World Congress starts March 2 and ends on the 5th. This is a catalyst that creates a lot of Runup trades 2-4 weeks before the event up to the event. It also creates a few big “event trades” where their presentations impress lots of people and everyone pulls out their phones and buys stock in the moment. Volume pops.
Both typically sell off after, holding all else equal. A broader rally in tech and AI would push the other way on the pendulum but a lot of these companies like to dilute right after MWC and can kind of steal away the price momentum.
A few I’ve found that are less likely to do that include
$RDWR
$NTGR
$ALLT
$PONY
$INSG
I’m also playing smaller ones like INSG, AIRG, CRNT
Sorry for being so busy if anyone’s asked questions I’ve completely missed em. You can find me on discord usually but I will do better checking my notifications on ST! Let’s get these $! Do your own research!
