InvestorsHub Logo
Followers 84
Posts 32203
Boards Moderated 85
Alias Born 03/22/2005

Re: fung_derf post# 195

Monday, 02/26/2024 1:48:02 PM

Monday, February 26, 2024 1:48:02 PM

Post# of 222
Derf, Yes, WSO not only has a great long term chart, but also had a recent pullback close to the 200 MA, so looks 'close enough' as an entry point. I bought a small position today as a long term buy / hold. Not sure how I missed seeing the WSO chart before, but looks plenty nice as a buy / hold.

Just curious if you are following PANW? A fairly stable chart for the cybersecurity sector, though still a wild ride. I had some FTNT during the bug runup several years ago, along with several ETFs (CIBR, HACK, IHAK, BUG), but haven't gotten back in since. Missed the bottom, and now they look overextended, so will probably pass.

Looks like the AI stocks are remaining resilient after the big runup. I have small positions in NVDA, SMCI, PLTR, and also some semiconductor related stocks AVGO, KLAC, MPWR. The charts qualify as long term buy / hold, so that's the strategy, though the expanding Ai bubble is a risk.



---

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.