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  • Writer's pictureT. Livingston

Leaders Reversing, Need Time To Base

This week, many leaders have reversed off of their highs after going on major runs the past five months. Stocks such as Apple ($AAPL), Nvidia ($NVDA), Tesla ($TSLA), and Zoom ($ZM) have all been huge winners this year and now look like they need time to base. I've sold my positions in all of these and will look to reenter in the future after they have time to base and are ready to resume another trend higher.

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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