Hi everyone!
For this upcoming week I will be watching the following setups and levels:
SPY 0.00%↑
1. If 543.61 holds we can continue the leg up into 555-561
2. If 543.61 falls and becomes resistance we can retest 535.84 and fill the gap at 537.01. In the strongest bull case, we would not close the gap but come close to it before heading higher.
AAPL 0.00%↑
Self-explanatory everyone will be looking for the 197-200 retest here. It’s possible we may not get the retest and 205 holds as a floor. I would probably buy some calls at 205 and size in if we get the full retest. For a retest of 214-220.
NVDA 0.00%↑
Currently cooling off and searching for a higher low. This is a breakaway gap in effect since $96.02 and is bullish above that level.
Needs back over 132.66 for continuation to 154
However, below 124 is at risk of pulling back towards to 114-118.
TSLA 0.00%↑
Very compressed price action this past month - squeeze yet to fire on the daily.
Large pennant for past 3 months reaching its final stages.
Symm triangle for immediate leg on Monday/Tuesday
For a breakout it needs to clear 193 (targets 206.77, 218.10, 249.22)
For a breakdown it needs to clear 167 (targets 154, 147, 139, 114)
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