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  • Writer's pictureT. Livingston

Bases Being Built

In early September, I noted the market looked like it was entering a corrective phase and needed time to digest its gains for earlier this year. Leading stocks looked to be reversing and needed time to base. Over the past three weeks, I have been noticing some stocks starting to build constructive bases. I'm keeping them on my watchlist for strong moves higher when the market resumes an uptrend.

I took a position in $GBTC this week to give myself exposure to Bitcoin.

Other stocks holding up really well and building constructive bases include: $AVLR $AVTR $BABA $BIDU $BYND $ENPH $FSLY $GH $IIPR $NIO $PINS $PLUG $ROKU $SNAP $TSLA $UBER

Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.


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