I did very little trading or research today as I was laser-focused on building my AI analysis tool for Fintwit. However, I did sell UUUU as the thesis of the call flow on it seems dead. I also took a little bit of profit on ZCSH (and my ZEC on Coinbase, which is not included here). Finally I reduced risk in MSOX by trimming some of that. And then I added some LPTH and LASR.
I’ll continue to provide the basic theses for my top positions with a further tranche today. Somehow yesterday I accidentally skipped over VELO entirely unintentionally… and then it had a 25% day today.
VELO
Once VELO breaks above the 200 dma (black sma), I would expect a fairly quick move to $10-12 at minimum.
VELO’s biggest customer is SpaceX and there is really good evidence that they are at forefront of providing spare parts for DoD as part of DoD’s urgent, strategic pivot to fully onshore military supply chains and to simply save money and increase velocity/readiness.
The legendary King Tut sums it up:
LASR
LASR is straining at the leash, trying to start the next leg here after a volatile, upward-straining consolidation period.
The move from $33 to $46 should come quickly once buyers decide to leave this level behind.
My man Mike is always at the cutting edge of defense tech and asks some leading questions:
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