NASDAQ:AFRM Every time Affirm touch this level it bounce. Are you willing to bet again?
NASDAQ:MSTR hasn’t broken down below the 200DMA since 2023. 👀
Since the beginning of 2023, NASDAQ:QQQ has bounced every time it retests the uptrend line. Look at how the 200DMA tracks along that trendline. The RSI is at a level where it has bounced previously. We are close to a relief rally. 👀
NYSE:BROS Unpopular opinion. This could drop to the $56 area. The MACD is massively overbought, and it will take some time to cool off. I wouldn’t be surprised if this revisits the $43 area.
NASDAQ:CRWD I don’t think it’s done falling. The 200 DMA and the VWAP may provide some support and a potential reversal area. However, I believe it’s heading close to the $300 area, which is the prior top. I will just keep it on the watch.
NASDAQ:ARM hits the buyable area. 👀 What do you think?
NASDAQ:TSLA came close to closing the gap. It is currently at the lower trendline of the channel. I would be watching for a situation where bad news no longer impacts the price of the stock. Currently, it is mildly oversold. A bounce could happen. 👀
AMEX:IWM Currently sitting on a VWAP and POC support. It could find a footing here and bounce! 👀
NYSE:CLX is up against critical resistance. If it can close above that resistance, it could see further upside. The oscillators are turning up, pointing to rising momentum. The ideal entry would be around the $144 support area and below. As always, I’m sharing my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
NASDAQ:TSLA My pain trade. 🤣 It is currently supported by 200DMA. If that support fails we are looking at the first gap close around $257 area. 👀
NASDAQ:IBIT broke down, and the pattern morphed into a broadening wedge. I still expect it to hit $65. Watch for a MACD crossover as an inflection point. The 50-day moving average (50DMA) will act as resistance. For the bulls $51 needs to hold.
NASDAQ:PYPL broke below the buy area. Added more. It looks to be forming inverse head and shoulders.
NASDAQ:AMD false breakout. I was wrong. AMD tends to recover after a 14% to 16% drawdown. So, we could expect a recovery, even if it’s brief. It’s way too early, but it might be starting to form an inverse head-and-shoulders bottom.👀
NASDAQ:SOFI dropped to a loading zone and then bounced. It formed a hammer pattern on the weekly chart. The $16 to $17 range marks a key resistance zone, and breaking above it would signal bullish momentum. On the downside, $13 serves as a critical support level. If it fails to hold, we might see a pullback to $11.
NASDAQ:TLT saw yet another rejection, but this time it recovered quickly. I expect it to break out soon. 🙏 TLT is slapped around by the Fed, inflation, employment data, Trump’s tariffs, and Doge's push to cut government waste and potential handout of $5000 dividend for all. Bond traders will eventually give up trying to figure this out. One thing is clear: The...
NASDAQ:RIVN is above a resistance level and squeezed between two VWAPs. It is starting to break out of a long-term wedge. It looks tempting, but the loss of the EV tax credit could pose a challenge for Rivian. I am watching for now.
NASDAQ:RKLB has been consolidating since it hit its $32 target. Although it was a little worrisome to see it break below the 50-day moving average (50DMA) so easily, I was encouraged to see that it bounced off the VWAP and volume profile peak support area. It’s possible that the price could recover from here to near $28 before the earnings report (ER). However,...
NYSE:OSCR looks attractive. It’s in the process of forming a cup-and-handle pattern with a full measured move to $40. The neckline resistance is around the $22 area. The ideal entry would be around the $13 area. 👀 As always, I’m sharing my opinions and trades. I’m not suggesting anyone follow my trades. You do you.