Bought GM, PETQ, AXTI, LRCX stocks

Those stocks showed good entry points. I took it with a good R / R ratio.

Now I try to buy a little and fixing profitable trades in order to increase my cash. The market situation scares me. But there are several good entry points appeared, which I don't want to miss.

GM - General Motors

There are three impulsive movements in the channel, which indicates that this cannot be a wedge of the 5th wave. Analysts' forecasts for buy with targets at 73-90. Below is a strong level + ma100 + channel border. The first target is 73 since it is 1.6 from the move, we'll see further.

Fundamentally, the company is heavily overbought, like everyone else is now. In May, analysts gave it a neutral assessment. On the other hand Tipranks Rate: 10/10

https://www.tradingview.com/chart/GM/3og6UqHQ-GM-Long/

PETQ - PetIQ Inc

I bought 3 more shares for corrections with the current three

Below we have a trend line and the border of two channels + 100ma and 200ma. Analysts' assessment: neutral-positive. Tipranks Rate: 3/10, although has a positive sentiment.

https://www.tradingview.com/chart/PETQ/jxrSzTRn-PETQ-Long/

AXTI

Bottom 2 support levels + 200 ma. Possible ending of ABC correction with the rebound of the broken channel. The correction is clearly over at 50% of the movement (Fibo level 0.5)

https://www.tradingview.com/chart/AXTI/S1NPv7SO-AXTI-Long/

LRCX - Lam Research Corp

Forecast for impulsive or corrective upward movement. The price bounced off the support in the form of the level + 100ma + trend line + channel border. Explicit impulse pattern + ABC correction.

https://www.tradingview.com/chart/LRCX/ddGyWQNh-LRCX/

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