Sunday, September 20, 2020

Stochtrader Stock Portfolio (weekly update)

My (core) personal portfolio consists of the following stocks.

ILMN @ 295,50 (ILMN Daily Chart).
Trend: downtrend; S/D-S/R: 251,14-377,23 and 8 day EMA resistance.
Position actual: holding number of shares and still accumulating on a dca-basis.

LMND @ 55,24 (ILMN Daily Chart).
Trend: downtrend; S/D-S/R: 44,11-66,36 and 8 day EMA resistance broken.
Position actual: holding number of shares and still accumulating on a dca-basis.

SQ @ 145,01 (SQ Daily Chart).
Trend: consolidation in uptrend; S/D-S/R: 135,03-170,46 and 8 day EMA support broken.
Position actual: holding number of shares and still accumulating on a dca-basis.

TSLA @ 442,15 (TSLA Daily Chart).
Trend: consolidation in uptrend; S/D-S/R: 337,80-502,49 and 8 day EMA support.
Position actual: holding number of shares and still accumulating on a dca-basis.

I like stocks from out-innovating and vertically integrated growth companies in the fields of production and consumption of sustainable energy, internet finance-real estate-advertising, genetics, artificial intelligence-machine learning-deep learning. The innovation needs to be understandable, likable, disruptive and defensible. I particularly prefer stocks from aforementioned companies that create ecosystems (a host of related products) around there main product.

Next to my core portfolio I also have a flexible one I only use for trading purposes. It is based on Japanese Candlestick analysis.

Trend is defined by the position of highs and lows and/or the existence of a clear trend channel. Consolidation (accumulation/distribution) usually means a breach of dynamic but not of static support/resistance. Corrections usually imply a breach of both.

S/D-S/R abbreviates static and dynamic support/resistance levels.

EMA stands for exponential moving average.

For an explanation of the Trend Trade & Investment Strategies, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.