OKTA is looking pretty ugly. Been relatively weak the last month and its not finding any buyers while its under the 200 MA. Trending down.
MU is still rounding out nicely. Nice bounce off the daily 200. Might be worth a small starter and watch for a break of 65.
Earnings reaction was good, if it opens strong tomorrow it could break the descending trendline and be a decent swing to 35s
Finally broke above for a new relative high. Trend is strong still. Could see it make a run towards 20.
AMD has had a good 2023 so far. Somewhat building a flag here again but not as convincing as the previous ones. With earnings coming up, might suppress this opportunity... maybe? I'm a bit uncertain for now but still looks like a potential good setup for a quick swing. Needs to start getting back over the 5MA though.
Continues to find higher lows and buyers stepping in at the 50 MA. Looking for a visit to the descending trendline and if it breakout, look for a small run to 35. Kicker: earnings next month might suppress any movement though.
Expedia is looking weak and might be finally breaking down. All attempts to get over the 5MA have failed in the last week. I see this going lower.
TTD has been finding buyers below the daily 20MA. A bit choppy but has been still somewhat keeping the daily 5MA in a steady up trend. Morning gapped up out above the descending trendline and has pulled back to the 5MA around 61 and held. Overall market conditions still seems slightly off but might take a light risk position on this and swing it, but with a...
Big descending trendline. Also forming a wedge from 2023 lows, so looks like an interesting play. Bit of a choppy one to trade, so not sure if I'll take this one, but if the opportunity looks good in the coming days, might take a swing on it. Target 66 and then 75. Not bad for 5-20% potential. Don't really like that there is earnings coming up, so if it does...
Setting up pretty nice for a short term pop. Been riding its 5MA this whole week while the overall market has been somewhat soft and right up against descending trendline.
Breaking down now as it finally broke through the ascending trendline. Targeting 108-111 for it to settle and chop around.
NET is just one of those stocks, when it wants to move, it can move quick. Has already retraced to the previous breakout and is at the daily 50, and multiple ascending trendlines.
Still holding the trend and sitting right around the breakout level. Some interesting closes the last two days where buying has pushed it towards the high of each day. Not looking for much on this one, if it gets to 200 I'm content.
Didn't break out and seeing some selling today. Currently under the daily 5 MA. Back to the 50 and 20 too. If it fumbles around here and doesn't find much of a bid, I think I'll start a position to the short side with a target to revert to the 200.
I'm not too bullish on TSLA, but it is a tricky one, as it can carry momentum against you for a lot longer than you'd want. But I'm leaning slightly to the short side on this for now. Potential revisit to the Weekly 200 MA. First step is that it needs to close the daily 5MA and below 200, otherwise I think my bias will likely be off.
If it breaks this wedge, the Risk reward is not too bad.
SE is setting up for a potential breakout after a solid earnings jump and flagging since. Still holding its daily 5MA and the lows have been ascending.
INTC looks like its setting up a nice bull flag and a short term move back to the 200 MA around 30. Big resistance there, but if it breaks, could be in for a longer swing move.