Update: Trade closed $138 $VRT

19 Kas

One of my best performing single name equities of 2024 - NYSE:VRT. I've closed most of this trade because it has swollen to be a larger portion of my portfolio than was intended, i.e. portfolio rebalancing. I will keep VRT on my watchlist as a new leader in the AI infrastructure category and a YTD leader overall. I will shop for pullbacks to the 18, 21, and even 50 day moving averages, or a new pattern development -- the latter would take at least several weeks from now to form with enough duration for me to be interested.

My goal is to lock in this profit and to not give it back.

https://www.tradingview.com/chart/VRT/t2ArwuCi-VRT-Head-and-Shoulders-Failure-Signal/