Inside the Portfolio: Updates from our Swing Trading Desk
02 Dec2024 - Insights, adjustments, and forecasts about our latest swing trades
Position Updates:
Kingsoft Cloud Holdings (KC) saw strategic profit-taking with a 30% reduction in the morning gap. This adjustment helps secure gains while maintaining exposure to potential future upside. The remaining position continues to be monitored with a tight stop-loss (already break-even)
Walt Disney Co. (DIS) position was reduced by 25%, reflecting a tactical portfolio rebalancing. The decision aligns with our risk management strategy while keeping significant exposure to the company.
TSS Inc (TSSI) was trimmed by 30% following an exceptional 55% gain achieved in just one week. While we maintain a longer-term bullish outlook, prudent profit-taking at these levels ensures portfolio stability. The remaining position will be managed with adjusted stop-losses to protect gains, now break-even.
New Positions and Subscriber Insights:
Market conditions have presented two compelling new investment opportunities today. These positions have been communicated to our private subscribers through our real-time chat system, ensuring the timely execution of trades.
1. TSS Inc (TSSI)
TSS, Inc. provides services for the planning, design, deployment, maintenance, and refurbishment of end-user and enterprise systems, including mission-critical facilities in the United States. The company operates through two segments, Facilities and Systems Integration. It offers a single-source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities, and infrastructure systems.
Fundamental Analysis
Financial Health: The stock is a micro-cap that has recently been uplisted from the OTC Market, which means it currently lacks analyst coverage. Remarkably, the stock saw a 619% increase following its latest earnings report, a significant achievement. The company specializes in manufacturing liquid cooling racks for data centers, with Dell as its primary customer.
Recently, xAI reportedly redirected $6 billion worth of AI server orders from Supermicro (SMCI) to Dell (DELL) due to ongoing investigations into accounting issues and concerns about potential delisting.
Technical Analysis
Entry Point: We initiated our position when the stock broke above the $7.90 level on the 65-minute chart, coinciding with a breakout of the downtrend line on the daily chart. This move was supported by strong volume and very high relative strength compared to the overall market.
Support and Resistance Levels: Support is currently established at $7.15 on the daily chart. The first resistance level is at $11.50, with the all-time highs positioned at $13.00.
Additional Notes: As a micro-cap stock, it is highly volatile but is expected to deliver strong long-term results. We plan to hold our position for as long as possible to capitalize on its potential.
Entry Day: 26 November
Price: $7.97
Il resto di questo pezzo: i nomi, i livelli, la gestione.The rest of this piece: the names, the levels, how we manage it.
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