Healthy Rest/Consolidation
Not much happened today. Chop/pullback or higher for the most part. Healthy and constructive action. Will post a bunch of same charts but keep it short and sweet.
QQQ-Inside day. Resting and letting the moving averages catch up to price.
SPX Weekly-Getting through 4100 with 4200 as next level. Will see where it closes Friday though as more important.
MSFT-Resting above the 5 day with a light volume inside day.
AAPL-Super strong. Continues to trend higher.
NVDA-Quiet day as trends above the 5 day short term.
TSLA- Ugly day on the deliveries number. Lost Friday’s low but elected to stay with mine as long as holds pattern of higher lows on 195Min chart. Doesn’t seem to be a best in breed name though.
TSLA 195 Min-Making higher lows since the 50SMA. In a position where can do the same as long as stays above 20EMA. Decided making less trades and giving it a shot made more sense here give bought the previous higher low.
NFLX-Trending higher.
AI-Resting nicely after monster breakout. This name is so volatile not going to micro-manage it. Buy right, sit tight. Let the chips fall where they may.
ONON-Tried to push out of the pennant today but couldn’t hold it. 31.50 and 32 the levels want to break and close above.
IOT-Resting and setting up the $20.22 level.
DKNG-Pulling back to the Crossback after a nice breakout.
GLBE-Consolidating Friday’s gains with the 10 day now above the Friday low.
PATH-Consolidating Friday’s gains. 10 day now above the Thursday/Friday low stop area.
RBLX-Pushing out of the cup n handle on good volume. Stops to today’s low. Looks good. Next resistance level on the weekly up and around $54.
SPOT-Firmly clearing out of the pattern now. 10 day above Friday’s low. Looks good.
ABNB-Held the moving average cluster but now in a do or die position. Holds this cluster and pushes up to take out 125/126 area or it folds. The gap/50SMA below could still provide support but think want it to turn up here or better opps.
MAXN-Strong relative action today. $28 is the big weekly level to take out. 10 day should be about today’s low tmrw. Want that to hold going forward.
ENVX Weekly-A few days rest in this $15 area would be ideal. Stalking.
LULU-Curling higher and could take out a weekly trendline. Looks good.
LNTH-The more basing here the better but continues to act very well.
AMD-Alert on this little 1-2-3 pattern the last three days or support into 93 area (20EMA)