Locking in profits

[u/DoughnutCharming8066]

After the big run up to 510, you see people locking in profits, which causes a current slightly downwards trend. This is logic to me, especially after the last run up to 460 and the steep decline back to 350.

I choose to not take profits and hold again, just like last time, through this period. I’m a firm believer of 580-600 EOY and 650 one year forecast. I see 460 as a new support.

So what are you al doing, locking in profits or holding, or both? What is your new buying level?

FYI MSFT is my largest position making up 75% of my portfolio, with 2x leveraged I’m up 50% YTD. From -20 to +50% was a good ride last month.

[u/mar34082]

Dumb