Scottish Mortgage Holding upNotes to self. Scottish Mortgage seems to be holding up. Bullish Divergence , Holding trend and supports. Only thing I worry about is Tesla being a big part of this trust, There is a lot against that company from I can see currently. But they have some other fantastic share holdings and a lot great unlisted holdings. I think its a decent Risk Reward long hold, As long as that 200MA doesn't turn down and supports give way.
SMT/N trade ideas
Change to bullish on this FTSE100 TrustI've been calling a top on this FTSE100 investment trust for a while now without any success. This analysis is a total change of course as I am now suggesting that we might only now be entering a 5th wave and there may still be still substantial upside to be had here. The recent correction does look a bit small but with the way markets have been maybe that is the new normal these days. Of course, now I've changed my mind on this one it may actually produce the top! Time will tell as always.
Scottish Mortgage Investment Trust Rising FastThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price has broken out of a mini consolidation and is moving up fast.
Conclusion: As the move up is looking strong we can look for an entry after a pullback followed by a breakout on the daily timeframe.
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Sublime Trading
Calling (another!) top in this UK investment trustA while back I unsuccessfully called a top in this global equity investment trust and it replied by steaming higher. I'm having another go here at calling a top of a wave 3 that, according to this analysis, began back in 2008. However, I think there may well be more upside before any major correction as highlighted on the chart.