3 Stocks I'm Watching This Week While Tech Burns (Options Setups Live)

追加: 2026-06-07

[00:00:04]tech got absolutely destroyed last week and nobody knows where the bottom is yet. So, instead of chasing instead of chasing a fallen knife, I want to show you three setups I'm watching right now that have nothing to do with chaos in tech. And yes, I did sneak one tech name in here because the chart is just too clean to ignore. We're talking American Airlines, Johnson and Johnson, and Nvidia. Three completely different sectors, three completely different setups, but all three have options plays worth watching this week. All right. So, I'm going to break down exactly what I'm looking at on each chart. Um, I'm going to share uh maybe what the entry signal looks like and how I'm thinking about structuring the trade. And if you're brand new to options and you have no idea what I'm talking about. All right, the link um to my free options class is in the description of this video. Okay, I teach beginners for free every Sunday.

[00:01:17]I mean, this and this is a perfect example of exactly what to cover. Um, so let's get into it. Now, before before I get started, I want to make sure that I have the links to the free class today in the description of the video. So, let me let me get that straight first.

[00:01:38]All right. Um, let's see. I think I think I have it here on YouTube.

[00:02:04]All right. And we doing this today at 400 PM Eastern Standard. All right.

[00:02:11]So today, 400 PM Eastern Standard, we're doing the free options class. And so as I prepare for that class today, I want to share with you all just a few things that I'm watching. All right? A few options setups that I'm watching for the week. Um here's the deal. Last week, tech got like hammered. all the tech names, all the AI names, all the semiconductor names, the software names.

[00:02:38]If you were in tech, you got beat up pretty bad last week. And and it's not anything to be concerning. Honestly, that sector just needed a little bit of a breather. I always compare it to if you go outside on your street and you run at a full sprint. You're going to eventually get to the point where you got to stop and take a breath. It doesn't mean that you can't run again, but for a moment, you need to catch your breath, let your heart rate slow down, get yourself together. The stock market works the same way. The tech sector, the market overall has been in a full out sprint. And so, what happened last week is the market took it took a breath. But here's the thing, we don't know how long of a breath the market needs to take.

[00:03:23]So, we were down big on Friday. We don't know if we're going to come in next week and be down even more, which means that the market needs to take a longer breath. So, we got to wait. We don't want to catch a fallen knife. Okay? So, if somebody is on the second level of your house and they drop a knife down, you're not going to try to catch it midair. Like, that's probably going to be painful. That's probably going to cause an accident. Instead, you want to let that knife hit the floor before you pick it up. That's the same way we want to invest. Okay? and we want to wait until we see what the bottom is before we invest. So, going into this week as I'm trading options, and this is purely a stock options conversation, okay? I'm not talking about long-term investing in this conversation today. This is purely about stock options. Um, a couple of these companies that I'm going to talk about, I would not own long-term, okay?

[00:04:15]But for options, it there's some opportunity. So, uh, with stock options, you want to make sure and even long-term investing, you want to make sure you find the floor first. Right now in tech, we don't know if we've found the floor.

[00:04:31]So, we want to let that continue to drop. So, I'm going to go over a few setups that I'm watching this week.

[00:04:37]Okay. Um, and I'm going to talk about some things in these videos. And if you are unfamiliar, if you don't know much about options, I do a free class today at 400 PM Eastern Standard. We trade options for three different reasons. We can make money in up and down markets.

[00:04:53]We can get bigger returns in a shorter period of time. And we can also leverage some of our other positions that we have. And now at a fourth, um, it's a way that you can actually supplement your income without having a part-time job. you can make part-time income without a part-time job. Those are the reasons why people get into why people get into options. So, I'm going to show you a few of the option setups that I'm watching for this week. Let me get to my chart.

[00:05:29]All right, setup number one that I am watching is American Airlines. All right. There are a few things that I like about this American Airlines um position. Number one, it's outside of tech, right? So, it's not going to be hit by everything that's happening in tech. Number two, we got a few different setups here that look good. Number one, Thursday and Friday, we created a double bottom. I'm going to make this bigger so y'all can see it. A double bottom is when price drops to a level and buyers come in holding that level at exactly that level. This is a very bullish setup. So Thursday, literally the low of Thursday was 1318. Friday we opened up, dropped down to the low again, which was exactly 1318. Perfect double bottom. You can see Friday we responded with a big green candle. But that's not the only thing that I like. We had a lot of volume that came in on Friday. We have increasing volume on this ticker. We're holding this yellow line, which is the 200 moving average, which means we're basically staying above the average price for about the last year. This is very bullish. The 20 moving average is in an uptrend and we're holding pretty much above all of the averages. We we went above the 21 moving average on Friday. I am expecting tomorrow if the soon as the market opens. Uh I and not not as soon maybe in the first maybe 30 minutes to an hour. I'm going to be watching American Airlines first and I'll probably enter this when the market opens. So, that's the first ticker that I'm watching for tomorrow.

[00:07:23]If you're listening, you like, "What in the world is Courtney talking about?"

[00:07:27]Make sure that you attend my free options class today. All right? It's my free options class today, 400 PM Eastern Standard Time.

[00:07:41]Link to register is in the description of the video. It's also on the screen for you all if you are interested. I see a couple questions. Um, let's see.

[00:07:58]Um, where do I find the link to the options class? Oh, I just Yeah. Yeah.

[00:08:01]Yeah. Just shared it on the screen in the link of the video as well. Um, so this is what I'm looking at on American Airlines. My next watch is Johnson and Johnson outside of tech.

[00:08:17]Again, um I am watching Johnson and Johnson to break out of this downward trend line.

[00:08:25]All right, we have we've been really strong for the last three days. Last week, Johnson and Johnson was really strong. Built up a lot of momentum, increasing volume. Four days in a row, we got up to this trend line. We rejected a little bit, but I'm wondering if it can get enough momentum to break out of this trend line. If it's able to break out of this trend line and hold it, we can actually see this go a lot higher, maybe into about the 242 range is what I'm watching on Johnson and Johnson. Three strong days. Now, we did come into this trend line and reject it a little bit. You This actually looks better on a weak chart.

[00:09:09]It's on the weekly chart.

[00:09:12]You can you can see I mean this trend line is clear. So we're rejecting off of it right now, but we'll keep an eye on it to see if we break out of it. If we break out of this resistance, um I mean we could see, you know, maybe even all-time highs by the end of the year.

[00:09:32]So this is my second watch. Johnson and Johnson.

[00:09:41]And then for my third watch, look, I couldn't resist this one, y'all. I couldn't resist it. I I tried I tried to I tried to stay out of tech. I was looking at all of the names and I could just see them drop further and I was like, you know, I'm going to do this video. I'm just going to talk about names outside of tech. Um, I was considering adding a Walmart trade to this. I had a couple other ones I was considering adding to this video, but then I looked at Nvidia's chart and this thing is so crystal clear. Okay, the biggest the biggest support is down here at 19550.

[00:10:26]If Nvidia drops down here to 19550, we want to buy a call and it'll probably take us back into 230 maybe, probably even all-time highs. But there is a possibility that Nvidia doesn't drop down into 19550.

[00:10:42]Okay, there is a great possibility that it only drops to about 203, which is this yellow line. I have this yellow line kind of as a a maybe spot. green line. Definitely more more confident about a bounce at the green line. But there is a possibility that Nvidia holds 230 203 because at 203 we have this orange line. This orange line is my 50 moving average. Okay. So typically at a moving average a stock will respond at that level. In addition to the 50 moving average, we've had a bit of resistance at 203 over the last month or so. We can see back here in midappril, we were um we were rejecting at 203 until we broke out of it here. We broke out of it, then went back down below 203 and stayed below it for a few days until finally breaking out. So, with this 203 level being at this 50 moving average, I can very well see a bounce. We even, if we look on Friday, we got a little bit of a wick right here. So, it it bounced at that level already.

[00:11:57]Um, a lot of volume coming in on it. So, we may see it bounce to actually go higher. Y'all, these are the three option setups that I'm watching going into this week. Um the first ticker that we shared was American Airlines double bottom holding above the 200 moving average on on rising volume. Second one's Johnson and Johnson watching to see if it breaks out of this downward trend line.

[00:12:27]And then Nvidia bounce at 203 best case scenario. Worst case scenario 195. All right, y'all. Look, if you've ever been interested in in options, all right, if you've ever been interested in options, join my free class today, 400 PM Eastern Standard Time. The link is in the description of the video. We trade options for three reasons. Make money in up and down markets, bigger returns in a shorter period of time, and we can also use the money that we make to supplement our income. All right. Um, just wanted to share those. Look forward to seeing everybody today 4 PM. Let me know how it goes. Join today. Ask any questions that you have. If you heard something in this video that you weren't familiar with and you're interested in learning more, um, jump on today at 400 PM and we're going to talk about options. I always like to say Sunday is for options. Um, someone said, "I have $2,000 to spare. I came across URG stock. Would you suggest I jump in? That That's love. Oh, thank you. That love the channel. All right. That's one of my Canadian cousins, man. My Canadian cousins always show a lot of love. I'm not familiar with URG off the top of my head. If you have $2,000 right now, I would stick to a um a ETF and dollar cost average into that ETF. Um, one of my VU is a great place to start. Top 500 companies on the stock market. SMH. Uh, I also really like DRAM, which is the memory ETF. I would start there. I would start there. All right, y'all. I'm jumping off. I see y'all today at 4.