In a trending market, pullbacks are inevitable and typically occur when the market becomes extended, with traders expecting a week-long correction before resuming the uptrend. Technical analysis using moving averages (9 EMA, 21 EMA) and the VIX index helps identify these pullback opportunities. The VIX rising indicates traders are hedging by buying puts or selling calls, signaling potential market weakness. Traders should avoid being overleveraged on short-dated call options and instead use longer-dated contracts to withstand market volatility. Relative strength stocks that continue moving up while the broader market pulls back offer better trading opportunities during these corrections.
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Deep Dive
STOCK MARKET UPDATE FOR 5/11/26Added:
Alrighty. What is going on ladies and gents? Welcome back to the channel for another market update. Hope everybody had a lovely day. And with that being said, let's dive into the TA. All right, guys. It's another day that the indices in the the broad market want to climb higher. We have CPI coming out tomorrow morning, 8:30 a.m. Eastern Standard Time, and we have PPI coming out on Wednesday morning, 8:30 a.m. Eastern Standard Time. We don't know what that's going to do to the market. All right, but I'm gonna I'm gonna just say my bias right in the front of the video. I'm just going to point out we have a bunch of stocks that look like they will continue tomorrow. Um, so honestly, I will not be surprised to see a gap up and see people's minds blown again over here. Um, I'm pretty sure we gapped up the last CPI or it caused this gap down. It may have caused this gap down then we got bought or right here with CPI. I'm not sure. It was one of these two days. I'm I'm pretty sure. Um regardless, I mean, the market wants to go up until it doesn't.
We do know spy and QQQ, you know, we have conditions being hit where we should be pulling back into the 90 MA.
Um I I can't tell you exactly when that's going to happen because until, you know, these hourly moving averages are lost and the 4hour moving averages are lost, you know, we're just going to keep doing the same thing we've been doing, which is trending higher. Look at this. They just keep buying it. The 4our9, the 4 hour 21. You see, you know, we're also above the hourly moving average here on both Spy and QQQ.
Nothing's objectively wrong with this.
Okay. Um, that's that. Now, what I will point out is as we're pushing into new highs today on Spy and QQQ, SPY, that's what VIX is going to be tied to. Uh, VIX is moving up, okay? which just means like people guaranteed are taking profits on calls or putting on hedges with slash loading up puts. Okay, the only thing that's going to cause VIX to move up here is when puts are bought or calls are sold on S&P.
That's the S&P 500. All right, it moves down when calls are bought and puts are sold. Well, the only thing that would cause it to move up is when calls are sold and puts are bought on this guy right here, which means as we're seeing higher prices here, they are doing so over here. And I will point out that Spine Q closed out at highs on this day right over here on the 6th.
Yeah, right over here. And this was also where I pointed out where VIX also closed at the highs. another day where clear as day again puts are being bought slashcalls are being sold and we're seeing that again today. So it's right before CPI it's just people putting on hedges into CPI. I don't think we're going to get any massive VIX spike over here. I see some crazy things online and it just makes me think these guys have no idea what they're talking about. Um the market has wanted to go up the entire time and any dip we get is probably just going to be shortlived. We probably aren't going to see some massive VIX spike. That being said, I fully welcome that because volatility is it's needed. Bring it back into the market. Give us a quick little VIX spike there. That would be cool. Um, we're just getting a slow and grindy market here. You know, I know we're having some big moves up, but uh, at the end of the day, you know, this is the low volatility environment. You're not going to be moving too much on the indices.
That being said, you can also see what's what's going on here. We are going straight up still. Okay, so there there's some pretty sick ass moves taking place even with the low VIX.
Okay, we went 5% higher next uh last week. That's insane. Um but yeah, we're we're still extended here and we definitely do have these two catalyst tomorrow and Wednesday, CPI and PPI that potentially will pull you back. Okay, so just kind of keep that in mind. It's not a guarantee. And we do know whenever the pullback comes, it's going to be like all these other arrows where you pull back into the nine. All right. Or the weekly 21. It's going to be one or the other. And you know, since it's the first one since our all-time high breakout, it might not even be that.
Okay. They might pull you into the the weekly 5 EMA here around 720. And that's all she wrote. You really don't know.
That's sometimes what we're going to see, you know, after this breakout. Look at that. You didn't technically hit the nine. You hit the five and then you kept going. All right. Um, you know, all-time high breakout after a big correction over here. What happened? You hit the five. didn't hit the nine and you kept going. Let's see if we can get another one going.
Well, I mean, after you had this big breakout right over here, you did end up, you pulled into the 21 EMA, but um yeah, you guys get the point. You know, it's expected to be bought. Don't Yeah, don't don't uh I'm not going to say don't be shaken out, okay? I've been saying that, you know, please just protect yourselves because a pullback is going to come. They're going to convince everybody that it's not coming and then you're going to get that. It's either going to be the week of five, the week of nine, or the week of 21. Those are the areas you want to be. Uh, you know, if if you want to scale into position, that's where you want to do it. All right? And we're not there right now. We are not there at all. We're not even close. We're 20 points above there. So, um, you know, just don't be, you know, overleveraged on short dated call options. you know, I see too many people make a bunch of money with me when market's moving up and then you pull back and people like to panic and I'm like, well, that sounds like someone was just, you know, oversized when we knew a pullback was is probably right around the corner, you know, and that's uh yeah, I will just, you know, again, give my little my little cautionary uh Yeah. Yeah. I'll just give my little caution right there. Okay. Stay safe out there. All right. That being said, market's bullish until it's not. That's that. Okay, let's go over some levels here. just buying QQ on the upside for QQ 71459 720 on the downside 70891 today's low and there we have 69950 and then we have 68277 I mean 690 and then 680 pretty much okay the big psych levels but as I pointed out in the weekly update I really don't think it's uh the most important to pay attention to levels right now I really just again you got to be watching these moving averages that's it you've been riding this 5 EMA up okay you barely have touched it it's really the 4hour moving averages which is the nine, the 21 that you're writing up. Really the nine. Um, but yeah, I mean, that's that's where we're going to be looking for on that pullback. It's going to be something like this. Maybe here, maybe here, hopefully here, and then you go back up or you don't go right back up.
And it's what you you're going to get this move probably, but it would be something like that from a little higher low in this structure. Okay, so that's CQ on spy. Guess what? It's exactly the same. Look, you're floating up here on the downside. 730 645 730 72487 on the upside 740 79 of there 745 750 okay and I'll I'll just just remember VIX over here it is pushing into the 21 but you know again it's we know what this means it just means that big money is being cautious up here and I'm telling you that we have conditions on spine QQ that suggest we should at least be looking for that pullback and just make sure again we're not overleveraged We're not, you know, I I'm just saying, you know, take profits as you go. I point out relative strength names that are making moves every single week, okay? There's plenty of profits if you've been going along with, you know, these moves. QCOM over here. Boom, bop, bing, boom, pow, another massive move up overnight here.
You know, straight up. It's It's not the easiest thing. It's been a stressful market because at the end of the day, you want to keep skinning the game to catch some of these moves, but you have to keep rotating around and, you know, you could honestly just, you know, hold some of these things all the way through like, uh, mu nuts ass move over here, you know, but at the end of the day, we all know this pullback's going to come, but it's going to be like a week long.
So, you know, I really would just say, you know, short dated call options, that's going to be your your complete enemy here. You should punch that guy in the face. And uh you know if you're doing anything with long positions up here like just make sure you have a bunch of time. Okay? You know that means the June 18s are going to be good. The 717s are going to be good. You know go further out and you know even if you see that it's not the end of the world. Like you know even if you get caught with your pants down it's not the end of the world. Okay. You just wiggle it around and uh do your happy dance and you pick your pants back up and you get back on the wagon. There. There you go. Sounds like a crazy person right there. Um, but you know, straight up there I I'm just saying I'm pointing out plenty of moves on a week- toeek basis here that, you know, are continues to move and I got a bunch of nice names for today, guys.
Holy sweet baby Jesus. I'm I'm telling you, I'm feeling too euphoric. I see the market's feeling too euphoric. We have so many names that just look ripe to explode. And it makes me think either we're going to have this one, you know, hoist higher here or we are going to pull back before that next hoist higher.
And uh yeah, we're we're going to have to see how this goes. Okay. Um but yeah, there's that. Those are the indices there. You know, I'll just point out DIA guys consolidating against the 9M EMA. I wouldn't be surprised to see this push up. Am I saying trade DIA? No, I am not saying trade DIA. I personally would not be. I think there's plenty of moves on tech semiconductors and uh honestly I'm watching HIMS over here.
Not I'm not saying, you know, don't buy this thing. Um, but I I am watching for a post- earning squeeze move. You know, this is either going to get slammed right here and avoid the weekly cloud flipping green or we're watching for one of these massive, you know, moves over here through this area. So, we'll see what happens. I see Oscar is doing some cool things. You know, I'm it's really Rocket Lab. You know, I point out Circle has some potential here for the post earnings move as long as they don't slam it.
Well, what happens post earnings? They did slam it originally, but then you had this rebound from the dead 27%. Nuts.
Okay, you know, we have that. You have Rocket Lab over here. You know, we'll we'll talk about there's there's a few others I want to talk about that got that potential. And there's an explosive one that I think is going to make a big move through 100 bucks this week as long as earnings doesn't slam it tomorrow after the close. We'll talk about that in a little bit. Okay, let's talk about the mag seven stocks and just, you know, again, remind yourself, it's not the end of the world. the market pulls back for a week, keep that in mind. It's not the end of the world. You know, IWM here looks like it's going to run this high probably, honestly, this week. Like, I really do think the problem scenario is we're going to be pushing up. Coinbase, look at that. It's another potentially explosive setup over here. I just like, no, Coinbase is a piece of [ __ ] And uh yeah, honestly, it has not been participating with the market for a very long time now. Uh and I think if there's ever a time, I think it's right now.
There's ever time for Coinbase to do some cool [ __ ] It's going to be uh gapping up at tomorrow slasht taking out today's high tomorrow and uh really pushing through all the way to 231 and then potentially this week you got the 200 at 258. Okay. So, you know, I'm I'm just saying I I have too many setups are, you know, across the board right now that just really look like they want to explode. So, we'll see about it. And I do know the mags it's not the worst case in the world. like you're at alltime highs here. Maybe they pull it back right under here, but it's probably getting bought up the next week. You know, it's not anything crazy over here.
Like maybe you sell one week and you go back up the next week. And this is all the MAG 7 stocks. So this is Meta, Microsoft, Google, Amazon, Apple, Nvidian, and Tesla. Okay, we'll talk about the worst one first. You know, I we're not going to talk about Meta. Meta is still bearish. Okay, it's still bearish. Rejected the daily moving averages underneath 598.886. We have 58125.
Microsoft still in consolidation around the daily 21 over here. Daily cloud is still green. Long as it doesn't flip red. I mean, you got a shot. You got a shot.
But you want to see a break over 420.
Uh, and then yeah, 43370 from there would be the way to go.
Google finally getting that pullback. I am pretty sure you're going to see this move right here and then it's going to get bought. Okay. worst case scenario the 21 but most likely it's just going to get bought somewhere we're going to say 370 375 okay I would expect that I again when whenever Google was going to pull back I was saying that I think we get a few sideways weeks two or three uh and the only way that gets put in and you don't get completely slammed is if you find buyers here you push back up oh you push back down oh you push back up okay some crap like that probably going to be case something like that something like that something like these, you know. So, that's what I'm looking for over here on Google. It's not a guarantee, but uh that's what I was expecting whenever this thing wanted to pull back and it looks like we're starting to get that. So, there's Google. Amazon, you're off the 9A. You did find buyers there, but you got slammed by end of day. Okay. You found buyers there this morning, got slammed by end of day. I you know, this is another one I don't think is going to pull back all too much, but maybe maybe it will revisit previous alltime highs.
We have 25860 and then 26450. Those are the levels to watch here on Amazon.
Still expecting these short-term daily moving averages to be bought. All right, Apple guys just kind of floating up here. Daily RSI was in a spot I was pointing out where I think we might go sideways/pullback into the daily 21. So I'm watching for that. It's not a guarantee, but I am watching for that.
And yeah, the video pushed up to a new high today.
Broke above 21683. You got 220 230 at the high.
Bang. Okay. Chick bang. I can't tell you how much higher this thing's going to go into earnings. I really don't know. Um, you know, I'm thinking it either goes a little like that, consolidates into earnings, and then pushes up. Like maybe consolidates this week, pushes into earnings next week. You have three sessions until earnings, you know, Monday, Tuesday, Wednesday there. Um, so yeah. or or I mean maybe it's going to keep going, but honestly, I wouldn't really be pushing your luck here. Um, you had a shot to buy it down here. You had a shot to buy it down here. You had a shot to buy it the last few days and now you want to buy it into highs. I don't know if that may be the best idea.
And we also do know we have I mean, we have CPI tomorrow. We'll see if we want to tank off that or not. Probably not going to be anything crazy, but um yeah, I mean we have CPI and PPI. I don't know. Things are still extended. This is why when people say it's like yes it is easy because you know things are going up and you just got to have the coonas to hold some some names here you know some of these strong names but at the end of the day I don't know we all know this pullback is coming we do know the pullback is coming and you don't want to be in a spot at least as an option trader you really never want to put yourself in a spot where uh you know you're sizing into things right before spy and QQ have their pullback most names you know I I describe as the tide You know there's imagine all these wooden boats sitting in the water. Okay.
Well, the tide it goes down. Sometimes it goes up. All the boats are going to move. Okay. Sometimes there's a big fat ass sitting in the wooden boat. And even when the tide is going up, the boat's going to sink. That's called relative weakness. You got more weight in the boat. There's selling pressure on the boat. And if the market's providing the buying pressure, tide's moving up and somehow your boat's moving down. Well, there's a there's a seller right there.
It's it's in the boat. Okay, there's someone forcing that boat down. All right, and it goes the same the other way. Okay, sometimes the tide is down.
All right, you know, broad market is trading flat or it's it's selling there and there should be selling pressure.
Okay, there should be a lowering of the tide where these wooden boats sitt in the water, they should be coming down and sometimes there's just this magical, you know, we'll call this a mermaid is sitting underneath the boat and pushing the boat up. Okay, and that's relative strength. That's how I That's how I look at it. It's all the tide. You know, boat should be coming down when tide comes down. If that's not the case, there's relative strength there. There is a buyer, a big guy holding that one up.
Okay, that's that's how that's how we have to look at it. All right. Um, but you know, even if you got these relative strength names, no matter what, okay, if markets pushing straight up and somehow that tide turns, there is some sort of selling pressure that's going to be put on every single stock. And you just got to keep that in mind. That's what I've been reminding people. That's going to happen. It's going to happen for like a week and then probably go right back up.
That's also what I've been reminding people. So, just keep that in mind.
There's plenty of names to be had. And if you are an options trader like myself, then you're getting consistent profits on a weekly basis. You you could just take it off, okay? You know, there genuinely are plays every single week.
There are things that will consolidate and then break out for us every single week. I point them out for free here on this on this channel. All right? you know, so you don't have to you don't have to stress so much. Okay? If you are stressing right now, then maybe it's time to to ease off the gas. All right?
Ease off the gas. Let the market reset there. All right? And might be some cool things. Okay? We might get some a lot of nice, you know, you're like, "Ah, the thing's not pulling back on me. I want to buy it." Well, then it falls off a cliff and it falls 20%.
And finally test the 90.
Maybe. What the [ __ ] is this, dude?
I can't believe it. I really cannot believe that MU is still going here. And I can't believe someone had the nerve to call my laugh a fake laugh. He was like, I can't listen to the analysis with the fake laugh. I'm like, "What are you talking about the fake laugh?" Okay, I genuinely, you know, I do my research for the Discord and, you know, I I give them all this stuff and that allows me to, you know, do my scan. It usually takes like 1 to two hours and then usually I come on here to record 5 to 5:30 and I just put on the record button. We do the same thing every day, okay? We analyze what's going on. We talk about the names that are moving a group. We talk about the broad market.
There's that. We have a good time. Okay?
At the end of the day, I'm human. I'm going to laugh. I don't know how someone thinks I got a fake laugh. That's also a really ugly fake laugh. Can we agree on that? That's an ugly ass fake laugh.
That's a fake laugh. How does someone think that? I don't know. Why would I purposely put that laugh out there? I don't know. I don't know. These guys are crazy people, okay? Crazy, crazy, crazy.
That's fine. We're all a little crazy at times. We are. We are. All right. So, yeah, Nvidia guys, I I mean, I I wouldn't be pushing your luck. I really wouldn't. I I can't really say it enough. Um, that being said, there's still things moving that we point out every single week, Desi. Okay, I pointed out if you pull back at the start of the week and then you take out the previous week's high, which was right here, 43120, we're going to be looking for a move up.
I I think I was saying I mean, no matter what, I definitely said 450, but I think I said 445 to 450. We hit that today. We didn't hit 450, but we got 44916 there.
Uh, I'll hit that for us.
We tamed the woman in the red dress.
Damn straight we did. Now, there is a chance Tesla's going back to alltime highs over the coming weeks. I can't tell you if that's going to happen or not. It looks like it's going to happen.
You were basing out over here above this high right here, you know, sitting right on it. It looks like like if you just marked out this whole area, let's just say you mark out this candle right there. Look at that. Let's say you mark out the upper wicks over here. Look at where you were basing out also right off the 21. This looks, objectively speaking, it like chart-wise, this looks like it's coming up here. We have the SpaceX IPO in June. Well, it's a perfect catalyst for this to run into because people think there's a merging uh merger going to happen. So, we'll see. Daily RSI, it either pulls back from here and, you know, reverts back into the five or the 9 EMA or uh we see it stay overbought. Well, it looks like it wants to stay overbought, so I'm going to guess we move higher tomorrow. Um, and if we're going to gap up tomorrow, like I think I mean I think CPI is not going to tank the market. Just my opinion. I definitely can be wrong. I definitely can. Okay, but you know, overwhelmingly from what we're looking at today, I know I pointed out some of these MAG 7 stocks, they look like [ __ ] Okay, and I'm sorry guys if you don't like my language. Like I said, I come on here, I do I do my work, okay? I work all day.
All day. this. I mean, honestly, at the end of the day, this is included in work. But, you know, we have good times.
We have fun. All right? We try and, you know, keep keep the the tone positive and good and, you know, moving and grooving and that's how you got to do.
You You got to do what you love. You got to love what you do. We make it enjoyable. Okay? But, you know, at the end of the day, I'm coming on here. I'm organic. I'm genuine. I'm just shooting the [ __ ] I'm sorry if you got kids around. Okay? Maybe just, you know, maybe don't watch the videos with your kids, you know, running around there if you don't want to hear it. Some sometimes it is what it is. It's not like I'm vulgar or, you know, mean with what I say, okay? You know, I'm just I'm passionate. Again, I'm just shooting the [ __ ] I'm having a good time. You guys are having a good time. I'm sorry if that offends some people, but I can't please everyone and I'm not going to completely change, you know, how I am uh and how I talk for, you know, we're talking five people out there in the audience. So, I'm sorry, but I see the comments sometimes and I'm not going to change how I am. You know, I'll hold back a little bit, but yeah, at the end of the day, I'm going to be myself and uh if you don't like that, there's that.
Or just again, don't watch, you know, clearly something. It's adults. You got to be over 18 to participate in the stock market. Don't be watching adult shows with kids around. I don't know what to tell you about it. It is what it is. It is what it is. Okay? You You watch an R-rated movie with kids around.
What do you think's going to happen?
Okay, that being said, we're rate way better than an R-rated movie. We're an R-rated, we [ __ ] hard, we we we kick ass in the stock market. Damn straight. Okay. Damn straight. There we go. There we go. All right. But those are the mag 7 stocks, guys. Tesla, this was the target that I was telling you guys. If we could take out 40928, we're going to say 43635.
Well, do you guys see what we surpassed today? We surpassed 43635.
Uh, I I I'm not risking, you know, trying to catch this whole move back to alltime highs. I pointed this out as the obvious area if we can clear the 200 DMA. And this was the obvious piece of the pie. Congratulations. I think it's best to move on. You can use the same capital in other areas of the market and have a much easier time and probably make more money than trading Tesla. I don't like how the thing trades personally. Just me speaking. Just just me. Okay, let's talk about it. top watch as long as uh CPI doesn't want to tank the market tomorrow. Uh and honestly, maybe even if okay, I think Hood can move on its own here. It's been beaten down. I think it's basing out and I think investors are probably going to start stepping into the case uh into the mix over here. I do. Okay, you did not have the best earnings and guess what?
Price is being bought. Okay, it's being bought. Well, you know, you had bad news that could have taken it lower and it did not take it lower. you actually put in a higher low and now you have this high higher low into a higher high. So it's starting to change here on the daily. The big move here is going to be when you break 9332 and that should bring a move to the 200 DMA around 105.
Okay. So that's that's the bigger, you know, picture move there. But this is the exact bottom entry right over here.
This is the very start of that move if it's going to work. All right. So that means when you see things like this, okay, as an option trader, if you're going to target up here, you can there's two parts of this this this pie that you could catch. There's this, which I'm going to point out why. This right over here. This is what I'm going to catch here. And then I'm also going to look for this. Okay, there's two pieces of the pie. Or you take an entry right here and you just take bites out of your pie the whole way through. Okay. Um, then that is what I'm kind of getting at.
Okay? instead of waiting for this. Okay, you could take it over here and really just, hey, if it this thing doesn't want to gap up too much, okay, let's say it pulls back and then takes out today's high. Maybe you want to take it on that.
You could risk that low of the candle or just risk down here. At the end of the day, if you're targeting up here in the end, 30% move or 8% risk. It don't sound too bad to me. Okay, but again, you're going to find out pretty quick if it's working your favor. The daily cloud flipping, I'm going to mark this out with you guys. Okay, we have one right there. I pointed out this last one and we we got a nice ass move over here and I'm have a deja vu, baby. Have a deja vu. I think we're about to have another nice one. All right, this is it going from red to green. Okay, and it's not always going to be, you know, working wonders there. That being said, once this thing gets moving and grooving, it should it should groove pretty pretty darn stinking well. Okay, and we're going to take it from the uh the daily 21 EMA. All right. Now, these we could see these didn't work out. Okay. These were faded pretty quick. That's why we need to see it have the fall through tomorrow. Okay. If we can just not fade tomorrow, then this daily cloud will flip. And I mean, no matter what, it's the setup that's drawing me into there.
It's the fact that we have this this uh higher low into a higher high. But it's cherries on top right here to be able to look back. Oh, this is what happened here. This is what happened here. This is what happened here. Okay. So, from the daily 21 EMA, you guys can see within a few sessions, 18 points. Okay, from the daily 21 EMA, once that thing flipped, 14 points. From the daily 21 EMA, once that thing flipped, uh, boom, 11 points from the daily 21 EMA, within four sessions, you go 29%, 21 points. I think we have a comeback story over here waiting on Hood. I think we have potential for a larger move. I don't know if Bitcoin is going to pump, okay, but I'm pretty sure this would be a good catalyst here. Bitcoin's either getting slammed off the 200 here and that weekly cloud avoids flipping green or we're going to see a pump through this, guys, and we're probably going to I sound crazy saying this, but we're probably going to see $100,000 again pretty soon on Bitcoin. I know you're like, Henry, you didn't tell us that Bitcoin was was ending its bare market over here. Well, I don't know if it's going to end the bare market, but what I will tell you is during this sell when the weekly cloud flipped, the cell was over. Okay, we've only had like, you know, a few of these moments where the the weekly cloud flips red and then goes back to green.
There's only been a few the last few years, okay? And once the weekly cloud goes green, you start the larger push.
So, we're literally right here. We will find out this week. We have six days left in this weekly candle. I have no idea what's going to happen, but you guys see what I see right there. And this is either going to get slammed right here or it's it's going to do some moving and grooving things. Okay, we don't know which one it's going to be.
But if so, it is the absolute perfect spot to pump coin, to pump hood, to pump circle. I'm telling you, we got too many charts right now that suggest we might pump our asses off. Now again, it's CPI and PPI the next two sessions before market open. So if the market was going to sell this week, it's going to be tomorrow, Wednesday. It probably will not pump Monday uh tomorrow and Wednesday and then sell Thursday, Friday. It probably will just close the week out strong again. Okay, so we have a window here of weakness. We have to see what happens. But as far as Coinbase goes, as far as Hood goes, Circle there, I'm telling you, all these things look like they want to pump. And I gave you Circle ahead of time, way ahead of time, a few times actually the past like two weeks. All right, but uh yeah, Hood specifically, guys, I'm just saying from here to up here happens to be 15 points.
Now, I think that marks a larger push. I don't think it's going to go straight up there without a pullback. I think we're going to get the initial push. All right. So, I think we would get the initial push here and then bang, let's base out. Let's let's do a whole, you know, one probably a week week of this crap. Okay. Trade it sideways right underneath 9332 or right above there. I don't care. Okay. But I I think this arrow I think this is this is path.
Okay. Point is hood waking up and the larger the bigger picture move here. All right. It's uh yeah, it's it's looking like it's about to start. Look at this monthly chart. Okay, I'll take out all the clutter here. Look at this. This two months back to back. You're printing these inverted hammer candlesticks. You just find a buyers done here. Oh, Henry, it's not an inverted hammer. What are you talking about? Look at the lower wig. It's about Shut up. Oh my god.
Whoa. Now, it looks like it's it's bottoming out. Honestly, it looks like if you take out this high right here, I'm spot on. You're going to hit the 200 and you're probably going to get all the way up to 120. It looks like there's there's a lot of reactions around 120.
All right, so uh yeah, that's Hood just starting out. Let's see how it goes.
I'll I'll keep you updated tomorrow.
I'll probably gloat about it tomorrow if we pop off. And just know we'll probably be making some money off Hood tomorrow if it pops off, too. Um I'm not in Hood right now, but it's calling my name. It is calling my name. I was leaving alone, but I'm really liking what's happened over here, but I really don't want to add more risk on with the market not pulling back. So, I don't know. I would prefer the market to pull back, but I also I'm not going to complain if if they want to, you know, somehow just gap keep gapping a They just want to keep it going, dude.
They want to keep it going. And I can't believe it. But the fact that we got up here, guys, means we might actually we might be on to something. We're definitely on to something because I marked out 182. Okay, we're 110%. I mean, I told y'all right when it was breaking out. I literally took the entry point down here. Um 7K into, you know, about 40K as of today. Okay, I took half off the other day because the thing's going apehit. Got to do what you got to do. Um but I did uh I did add 77 calls right over here. Terrible entry point, but I just I I took off MU at this point. I'm all out of MU as of today.
And uh yeah, dude, the 717 calls go [ __ ] 90% of the high today. I'm flabbergasted. I really am. I was fully expecting this thing to go sideways and let these moving averages catch up. But that being said, I told y'all if you could break these these all-time highs, I we have another one. Okay, we have another one of these. I gave you these guys. Okay, I'm not going to say I didn't catch this whole move up on INTC.
What I will say is I pounded the living [ __ ] out of the table here. We broke the damn table and MU is going apeshit and QCOM over here after their earnings, the market is starting to repric their stock. I'm seeing the same action I saw on MU just kind of on steroids here on QCOM. I'm kind of it's reminding me of AMD. Okay. And except again crazier.
Look at what's going on here. I can't tell you if this thing's going to keep going straight up. But I told myself that if they break this over 230 63 today, not today, this week. I think we're going to go to like 260 270 all in this week. I'm just saying it would make more sense to get the lower wick to 220 to 225 and then push up. But that still means like you would have this. It's going to be volatile [ __ ] Okay, you're going to get a pullback here and then, you know, big ass move up into the end of week. I can't guarantee anything. I can't. Okay. But I'm trying to make it make sense in my head. And the fact that you took out 23063 this morning just kind of tells me this thing is probably like we might get if this thing doesn't pull back and just wants to keep pushing. We might genuinely see 270 280 this week and 300 plus is easy money next week. I think 300 plus is definitely in the cards. I just don't know exact path. If it's going to be like AMD, it's not pulling back. It's going sideways for a day and then it's going to keep going. All right. you go well two days and then it keeps going.
You know, you could see what I'm saying.
This thing did not pull back even once into the 9 EMA this whole ride. Well, QCOM is not even pulling back in the 5 EMA. It's kind of nuts. Okay, I'm happy about it, but we'll we'll see how this goes. See, I'm just saying there are things that it would make sense in my mind for this market to just not pull back this week and continue going. But I also know Spy and QQ both have these conditions. I mean, both the daily RSIs, if you just mark these things out and like the weekly RSI, look at where you are. You're overbought most of the time. I'm pretty sure every time over the past like 10 years, didn't I show you this in the weekly update?
Like that's what's bringing these right here. That's literally I think that's what we marked out over here. You know, every time you hit the weekly RSI overbought, this is what brings one of these, you know, little pullbacks into the weekly moving averages. So, yeah, you know, it's not a guarantee, but I'm just I don't know. I'm conflicted right now because we have a bunch of hot freaking names and I'm I'm pretty sure these things can keep going. They'll just trade flat. The names with relative strength, they'll just trade flat for me while the market pulls back and then we're going to we're going to continue ripping. But then you got things like UCOM. Is QCOM really going to pull back all that much? I don't think so. I saw what these other ones did and MU. Now it's pissing me off that the thing doesn't want to pull back. That being said, um it's it's got to pull back, but don't be tra you don't got to short this thing. You don't got to short any of these names we talk about. The names are going apeshit. They're going crazy. You definitely do not. You You may want to, okay? But at the back of the mind, you know, you don't want to. All right? You know, anybody who's tried it has just gotten their freaking feet eaten by the beast over here, and then you're left with no feet. You want your feet to walk, okay? But you need you can't get back up with no feet, you know. All right, but yeah, moving on, guys. I'm going back over here. Coinbase. I'm looking for this break over 21785 tomorrow. And I'm looking for this move all in one day up to 23117. Then above there, I think this week we really can push to 200, which is currently 258.
Circle over here, guys. Got a big push after earnings above 122.86. I told y'all if this thing doesn't get slammed and then could take this out. It looks really ready. It does look ready. Okay, so this was what I was pointing out for the potential. I was pointing out one more name if you paid attention in the weekly update and we got it right here.
And honestly, I'm kind of excited to see what's going to happen with this one.
All right. And that, you know, we're not talking Rocket Lab. We're talking Oaklo.
Okay. We're saying this just like we saw Rocket Lab squeeze after, you know, and yes, I'll say squeeze. Rocket Lab went crazy. Whether that was new investor capital, no, it was just new investors hopping on the train. Okay, that's what was going on. We have the SpaceX IPO. We know capital's going to come into that that whole theme there. The space stocks are they're probably going to be rising.
That being said, as you don't got a reason to be trading this, okay, but I did give you a few names here that uh are starting to move with the space theme and Rocket Lab. I was saying that now I didn't trade this. I feel stupid, very stupid for it. But I am catching crazy other moves and I am perfectly fine. Again, I did not expect July calls that I fully anticipated on this day. I was again, it's just 7K into just too much freaking money up here. I was like, well, I might as well just, you know, I might I might as well take my coupon bet over here and see if I can catch another one like MU. And yeah, I mean, honestly, I'm pretty sure it's just going to play catch-up. I I really do think this thing might just keep gapping up uh slash go sideways again like like we saw AMD and just probably won't test that 9 EMA. I don't think it's not going to trade how I've been expecting normal stocks to freaky trade because some of these these high flyers in this market, they don't want to do so.
They don't want to do so. They don't want to test the five even. They don't.
You might have see that got dragged up to it. You do have the 4hour moving averages though, but you didn't even get the 21 EMA. telling you this is aggressive. This is the repric right here. That's what's going on. All right, but yeah, Oaklo guys, if we don't get slammed off earnings going into Wednesday, I'm looking for, you know, yes, I'll say squeeze. This is a squeeze kind of name. I've caught them before and we can catch them again. Okay, there's plenty to go around over here on names like Oakllo. Another one is SMR.
We just had earnings and it's also holding up here which makes me think they're going to send SMR and Oaklo.
Now, that being said, please, well, you guys could do whatever you want with your money. I don't care. Please just acknowledge the fact here that until this gets over the weekly 21, see where I got my alert up there? That's because I just wanted to know I think it was over here I probably set the alert whenever it was going to break above the week of 21. Well, price kept falling.
All right. And this kept it it keeps falling. You see this is when a massive move started up. You see? Oh, you lost it and then you reclaimed it. That's when a massive move started up. Oh, you got back over it finally after, you know, looks like a year of being underneath it. Oh, that's when a massive move started up. So, you might as well just wait. Okay. But Oaklo here looks completely different. Oaklo is in the later stages of that, you know, that recovery process there. And yeah, we're probably about to see it do some cool things. Failed breakout over the 21 here. Failed breakout over the 21 here.
I got the hiccups. I'm fighting them.
I'm fighting them for you guys. Okay.
Um, it looks like this thing wants to explode. The weekly cloud is just about to flip green. I've only seen this happen once on I mean it's technically twice, okay? But that I traded was just on this move right over here and then I definitely tried I I caught pieces of the pie. I did not catch this whole freaking thing. Uh I definitely did not I actually remember this one ripping without me right here and then I I took my stab some somewhere over here. But this one over here, see did not pull back. You didn't get the 90 test. Some of some some of the times guys just going to be that five. Um, but yeah, definitely looks coiled up, ready to go over here on Oaklo. You just need to clear earnings. Okay. And if you could do that and then take out 8150. I know you got the 200 here, but hey, this thing is probably going to 100 bucks this week. I'm looking for one of these big weeks to start up on Oaklo. All right. And if it's not going to be a massive week this week, I'm watching this the next few weeks. As long as this closes strong this week, I think we get a two to three week rally. And if we don't have a massive move up this, I mean, even if we have a massive move up this week, next week could be really big, too. All right, so that's Oaklo.
Okay, we talked about QCOM, we ain't going to talk about QCOM no more. AEHR gave this one in the weekly update there. You got a two to three week base going on here. Okay, just about two weeks, two two and a half. You're starting to break out today. Got the close over 10248. I'd say this looks good for 120 plus. That being said, you know, I also gave it to you down here.
This is actually it was two of our thumbnails at the time.
I didn't trade this one. I did not trade this one. I gave it to I a lot of these names I give you guys so early. There's just a lot, you know, and that's why I was saying like Hang on. My keyboard died. Let me plug it in. Well, that's funny. That's a cool thing.
There we go.
Now we have keyboard life. I lost my train of thought. What What were we talking about? What were we talking about? HR. Oh, Tesla. Okay. Um, yeah.
This is why I say I caught the easy piece of the pie. I'm fine with missing this crap. First of all, premiums are always just not making too much sense over here in Tesla. Now, like once you get the move going, okay, premiums were they weren't looking too bad when you're down here. Now, you just need larger moves. If you're buying into, you know, an like it's an IV pump. Yes, stock price pumping, but it's just going to increase the expected move on the contracts. Well, I say focus on another name. Okay, real talk. July 17 contracts going from 224 to here on QCOM. Something I know this is probably just the very beginning of the move. 10% move. Something that happened in one trading session went 90% at the high 90%.
717 contracts.
Well, Tesla, even if you catch this move right here, like you need not even the 618s, I think you need like a 40 to 50 point move to be up 100%. Like you have an extra month on qcoms versus Tesla contracts here. It just, you know, it it influences people to trade these short data contracts. And I'm just going to say that's where people get it wrong.
That is, you know, a lot of the time that's that's a big fix right there is just fixing people's helping fix people's mindset is the the problem they got to solve. That's it. Just shift it.
You know, a lot of stocks, I'm telling you, if you just blindly follow, don't blindly follow the stocks we call on this channel. Don't do do your own thinking. Do your own thing. But I'm telling you, vast majority, they're got to be like 80 80% of the stocks we mention here, maybe 90. Okay? They get the expected moves that we talk about.
They do. Sometimes my timing is slightly early, sometimes Yeah. No, sometimes I'm early, sometimes I'm real early, but a lot of times I'm just slightly early and like Yeah. I mean, that's usually where most people are at. I mean, it's a market that's trending higher right now.
Find strength, okay? And go with the flow. That's that's all you got to do right now. It's it's not the hardest thing. And, you know, again, we might have this pullback. So, if you're adding things, you know, and you don't like if you add things here and you don't want to sell on the dip here, but you would want to hold through, don't add one to two weekout contracts, don't add three weekout contracts. Add a while. Okay? Go two months out. Why? Because if you go from here to here and two weeks goes by and you have 3 weeks on your contracts, 66% of the value is gone, guaranteed.
And probably more of the value is going to be gone because it's a less probable contract. So time value is gone and it's just a le less probable bet. You're getting shhat on. Okay, you got two months, you got eight weeks there, 25% the time value is gone. That's fine if price is going to start moving back up.
Okay, like it's like nothing happened if you are able to stomach the volatility there. But people screw the pooch sometimes, okay? And we know this thing probably doesn't stay up here. We can look back and you can see that, oh, that's right where the top was over here. You're struggling for a few days and then you you tank and you got bought pretty quick, but you know, wouldn't you rather buy when you tank? All right. Oh, you're up here. Pull back. Okay. Oh, you're up here. It lasts for like three more sessions, three or four, and then you you start tanking. Okay. Over here.
Oh, one more day. And then you you pull back to the nine over here. Oh, you have one more day of fun. You pull back. And then you go sideos for a little bit and then you pull back some more. I'm just saying it's not the time. It's not the place. But that's the tricky part about this market. It doesn't want to pull back. But we know it's about to pull back. It's gota it's got to do so. So, you know, there's a chance all these bullish setups here just get absolutely shad on tomorrow. We'll see what happens. Um yeah, we'll we'll see what happens. I'm still going to point them out. Okay. These are these are the names I'm watching for moves on. All right.
And I really do think QCOM over here.
The fact that we look, we're at a new alltime high. The thesis was completely correct. And you guys see the five-year base that we got right here. This is nuts looking. This might bring a massive move given some time. Like I'm talking later this month or next month. This might be at 350 bucks. Crazy stuff.
Crazy.
All right. APL date. What do we talk about? Huh? You pull back. You pull back to 402. You find buyers off the 90 in May. Bang. You push back up. Take out 4227. Bang. Push back up. Take out 4425.
That was your previous all-time high right there. You have one previous all-time high breaking retest off of one previous all-time high that you got through. Okay? And that triggered the move right here. And then you make a new all-time high above 4425 and you push 4664 today. I'm looking for 50 bucks this week. You know, names like this is what kind of makes me think they might not slam the market tomorrow. I think they're going to let names like these breathe. I think APLD is in a spot where it might get 50 bucks tomorrow. It might. Okay, if this thing really wants to go, it's just going to pull back to the hourly moving averages and then go.
Maybe it goes flat tomorrow. If it trades flat tomorrow, I would expect it's probably going to make another move up the following day. Okay, if you have these big push up and you go sideways, you're still nothing changed. Okay, look at the weekly. Look at the monthly.
Nothing changed over here. All right, we just it's taking a little time, you know. Yeah, this definitely looks to I'm telling you, we have a lot of moves that just look like they should get the follow through. They should. I do not imagine this gets completely slammed and this a failed breakout. You already had one failed breakout here. Look at this.
I mean, this is four sessions above this level right here. And then boom, you push a new high. Like, it just looks strong. Okay, so that's APLD, guys.
Above 4664 today's high. We're looking for 50 bucks, but 55 to 60 is the target for this this massive base we're breaking out of here. It's a 20 point base. Well, 20 points above here brings you to 60meckles.
Okay, Schmeckles. Oh, yeah. Okay, Oracle back above the weekly and the monthly moving averages here. The weekly cloud did flip green as of last week. All right, I am looking for a push up to the 200 DMA which is currently at 210.
It's not a guarantee that this again, you know, CPI slams everything or PPI.
We'll see the next two sessions. I mean, all these names, they're probably not going to be moving up at least. Maybe coin if Bitcoin wants to push, but we'll see in circle and maybe Hood. I think Hood might might be able to move on its own there. All right, but uh yeah, I mean, look for the break over 215 here.
$200.15 above there. You have 2780 and then 210 is that 200 DMA. That's the short-term target here. That's what I'm looking for. I think we could do it.
Okay, but you probably would need cooperation from the market for pretty much all these. NVTS, guys, I pointed out, you know, I don't see why people like trading these names. They're honestly just very volatile and there's just consistency that you don't have to I don't know, you know, this like moves up like that, but then also is dropping like 10 15% in the after hours there, you know. Uh either way, okay, we did point out you got the break over 1779.
you get the first daily close over here above there and then if you could break above 1979 I think this is just going to run straight to alltime highs. This thing did run straight to alltime highs and I think this honestly has a lot left. Um I'm not trading it but uh yeah definitely uh is is a runner that's starting up again and the last time it was running uh you you had this big volume that came in well you had another big day right you know right around the corner the next session you went another 20%. That would be like this going to 27 bucks tomorrow. Am I saying that's going to happen? No. Am I saying that's what happened over here last time you had volume spike similar to what we have?
Yes. Yes, I am saying that. I think this might be going to 30 bucks. That's NVTS.
Okay. And then uh yeah, I mean Rocket Lab is moving, guys. RDW, this was your small cap name over here that I was thinking would probably be breaking out of this base. Well, you did break out uh on Friday there from the base. Um, but yeah, starting a larger push there, RDW.
I I think it's a larger push. Looks to be starting here on the weekly and monthly and into the SpaceX IPO. I wouldn't be surprised to see this thing get above 20, maybe makes a new alltime high above 2666.
I I'm just saying there's trillions that's going to be going into that IPO there. And I guarantee that some of that capital is going to spill over to the smaller names. That's how that goes. And they are involved with uh with SpaceX.
So, there's that. Okay. Uh ASML guys broke out last week, hit it with the break and retest off 1547 today. If you could take out 159531 this week and this, you know, another chart right here that's supporting that we might not tank tomorrow off CPI and just continue pushing. Okay. I'm sure if you go on Twitter tonight, you're going to see so many people, you know, warning about CPI. I mean, including myself, like I'm telling people like it's not not the best time to be putting on, you know, new wrist there or, you know, getting yourself into an uncomfortable spot, you know, but I'm I'm also going to say like I've seen tons of this posting over the past, you know, month here. And, uh, guess what? Everyone has been wrong the whole time. So, who's to say we're actually going to start a cell? Who's to say right now it's going to happen when everyone wants it to happen? I don't know. Okay. But ASML, if this thing makes a new high tomorrow about 1595, I'm going to say I think this gets 1,700 bucks by end of week. Huh? Huh? If that's going to happen, then market's probably not going to, you know, start pulling back this week. It probably would head higher. So, I mean, I watch everything, guys, and if everything's looking like in one direction, most of the time it is going to go in that direction. I'm thinking up. Okay. It's not telling everyone, you know, go balls of the walls, but it is telling you that I mean I mean I guess it doesn't even matter. It it doesn't matter. You know, at the end of the day, if you're on the sidelines, you're waiting for a pullback, then that's it. You know, you got nothing to do right now. I just personally trade all these individual tickers. I don't try and buy too much into the news and the narrative and all that. And, you know, at the end of the day, I'm going to keep trading my individual names. I'm an option trader on them. Um, you know, and if it gives me what I want, I'm gonna initiate a swing over here. And I think I'm gonna be able to target 1,700 for the end of this week, and I think 1,800 by next week. This is a massive base. And I think at the end of the day, within two, three weeks, we could get like 1,900 2,000 bucks. All right.
I ah, how is this thing gonna make this move if the market's pulling back, man?
It's so conflicting. I swear to gosh, it's so conflicting. Moving on, we got CAT. CAT looks like it wants to take another one. Like, you know, it's a Dow stock over here. Dow honestly looks better. It doesn't look better than spine QQ. It's not stronger. Okay. But, you know, if I was going to say out of all of them, DIA is just kind of coiled up. It's a spring-loaded gun over here.
And this thing just looks like it's it might play some catch-up. Cat over here pushing, you know, not into new highs today, but looks like it should make them tomorrow. Um, I I'm thinking we get another breakout move this week on CAT.
And I'm gonna say 960 to 980. Give you a wide range there. And if you get that, honestly, the next week after that, you probably get a,000 bucks. That's CAT.
Okay, that is CAT. VA IV definitely been a strong name along this rally. Uh, definitely was a strong one even when the market was falling off a cliff. Okay, it's been rallying for since August over here. So, uh, it's been a very strong name. It's continuing. Okay. Uh, it did break above, uh, there we go. Did break above 5269, which was Friday's high today, and you pushed, you know, over two points.
Now, if you get over 5693, I think this just pushed straight back to alltime highs. And, uh, we'll see if it wants to go sideways for a little bit here, build something out. All right. Like something like this.
Pretty much something like that. maybe consolidate before another little, you know, hoist up there. We'll see how this exactly goes. We don't know exact paths, but we we can give rough, you know, estimates and honestly, they're pretty precise a lot of the time. All right, but that's Vav. I think it's going to be making a move back up to the highs. Uh we have Marvel moving and grooving today. Now, I pointed out that AVGO and Marvel look very similar. Um I honestly I like Marvel better even though AVGO has been a lagard here. you know, AVGA broke out into new all-time highs and now really hasn't gone anywhere. This does look like it wants to continue. And this is one of the charts that makes me think I don't know if they're going to pull this market back just yet. I don't really know. You know, AVGO has been sitting sideways here and like when this thing was rallying the last time, you didn't violate the 21 EMA until way higher.
if they really sell this market for, you know, multiple days, I imagine AVGA would take out, you know, 405 here and you're going to violate the 21. So, I don't know, you know, I mean, also, it could easily just pull back with the market and then get bought from there.
So, I'm definitely I'm going to look to be a buyer over here. All right, but uh I I really haven't done anything with Avaga the whole time. I actually called it out uh when the weekly cloud was flipping green over here. I had this level marked out. Was it this Was it this? No, it was definitely this right over here. Yeah. Yeah, it was this level right there because it gave me a fake out first. Um, but you know, yeah, I haven't participated in this. This thing did not pull back until much higher and yeah, honestly, there's just easier names and better names right now to trade in my personal opinion than the thing that really has not been moving all too well. Um, so that's my personal opinion there. I think Marvel, hey, it was explosive over here. I think it might be about to pull an MU. All right.
or more specifically in SNDK. SNDK here you have the big push up, you go sideways for a while and then you have another big push up. I think Marvel is probably going to move in a similar manner over here. All right. So, I'm watching for the break over 17580. Okay.
Now, you know, MBI, you got earnings on Wednesday, but it does look like you're going to target this high over here 197.89 this week. But honestly, I think you're going to push up off earnings or you get it before earnings. Okay? And then you could do whatever after earnings. I don't care. All right. But, uh, yeah, I'm I'm I'm a fan of the name over here. I just I'm not going to trade something to earnings, and I don't really know if you should either. Okay.
It's probably best to leave these things alone. Uh, I will point out TSM, guys.
You know, it's been going sideways. If this thing can make a new high of week, and, you know, really, I mean, you want to clear 41450. If you clear 41450, then this is going to look pretty bullish here on the weekly. It's going to look like this thing's probably going to expand. And this week we candlestick take out this high. Probably get 430 to 440 like we originally expecting here. It's been a shake and bake over here, baby. Dad, it has. Um, but yeah, I'm thinking this is still going to probably make the move up. I just don't know if you're going to get this part right here and then push up cuz with how much we're struggling, it kind of makes me think we're somewhere right over here, you know? So, uh, I just thought I'd throw it in there.
Okay, it's not top watch or anything like that, but um, yeah, I gave a little update on it there. Okay.
And the last one is going to be uh UEC.
Okay. And UEC, this is one I pointed out last week I was going to watch. It's a slow mover. Okay. It likes to have these one to two day pushes and then go sideways for a little bit before the next push. Okay. Boom. You go up one, two sessions, go sideways, go up again, go sideways, go up again, push sideways, you know? So, move up two sessions, go sideways, two sessions, move back up. That's going to be the game plan over here for UEEC. It's a slow mover, but yeah, I do think this is definitely uh looking ripe here on the monthly and the weekly for a move back up probably honestly to highs, but yeah, 1780 in the short term and then I mean if you get there this week, I don't think you push much further than there.
I'm going to look for this push into new all-time highs though uh the following week. All right, be 2034. I'm really liking it. Okay, now with that being said, guys, I also do want to point out MP off the 21 EMA. You got the 200 right below. If buyers are going to step in, it would be right over here. Okay, you got two areas where you really could get involved here. It's right here and it's right here around the breakout. It's up to you how you want to approach it, okay? But, you know, the lowrisk entry, it's going to come around this area where you know, you have demand sitting right below. You already see that buyers are stepping in here. So, that demand is it's valid. It's there. Um, it's either going to hold this area or it's not.
Okay. So this is your lowrisk entry point. This is your momentum entry point if you want to try and catch one of these larger pushes, which honestly, yeah, that's all I would be involved with here. You know, I did point out on USR is actually the one that was giving me my little my little puzzle piece here. Uh the daily RSI, you know, this is literally something that continuously bags everyone uh right here or you're going to have this one move where it just goes massive. You don't know which one it's going to be over here. Here you went massive a little bit for three sessions there and then you completely cooled off. It's not a name I recommend people trade. I don't know why people try and focus on all these you know I don't know all these they're not meme stocks they're just smaller stocks. I trade the mag seven stocks semic like chip stocks there and just big tech in general I try and focus on that's what gives my consistency. That's what you know at the end of the day if the market's moving these are names I like to move with the market. Uh little bonus. I actually got a few bonuses that I I failed to mention here. Uh Berkshire Hathaway guys daily claw did flip green today and I did get my alert here for the breakout over 47977.
200 DMA is above at 490. That's 10 points above. Last time that the daily cloud flipped green like that. Okay, you get a fake out over here. You got a fake out over there, too. All right, so there is that. But if we look back over here, it did bring about a larger push. And yeah, honestly, if there's a time for a larger push, I'd say it's right now. Uh, that's Burkshere. Okay, so uh I'm watching for a move over here, but it's not really a top watch or anything. And then a weekly chart. This thing looks explosive, and I think it's about to start doing some some boom boom candlesticks here on the weekly time frame. You got a month-long range right over here. And it definitely looks like it wants to be pushing up. It had a nice push up today off the lows and uh yeah if you can get through $491.99 I think they'll probably run up to last week's high which is what 512 51269 and you know 520 515 and that would be the start of the larger push there and we probably be like a two to three week push up here to around 600 bucks if we clear this area. Okay, so I'm watching for it. I'm really liking what's going on down here and if you look at the monthly it's off the moving averages.
Not looking bad at all. Okay, just not looking too bad. LWLG.
Okay. Yeah, I actually I had more names that I marked out for today's video. I just I didn't scroll down there. There we go. LWLG here, guys. Breaking retest off 1529. Watch it for the breakout over 1828. Looks like it probably will get another leg up. Yeah, that's that's that. Okay. And then GS, not one I'm going to trade, but I I thought I'd throw it in here. uh pull back into the daily 21 EMA. You got this little flat top going on here. If you can break above three uh 95201, you're going to have 96450 and then 98470 all-time highs. I'd imagine you continue there. The monthly and weekly are what really stand out to me. It is definitely a slow mover here. It's a grinder. Okay, you can see how this thing likes to trade. It doesn't doesn't usually get big pushes. Sometimes it does, but yeah, I've been watching this thing for years and this thing most of the time does not get these massive pushes up all one go. It'll be a grinder. Okay, so just keep that in mind if you're trading it. But, you know, higher time frame wise, this monthly looks like it's got a date with new alltime highs this month. And uh yeah, that means in the short term it's probably going to choose to break up from this this low range here instead of failing. Just a thought. Okay. And then Oscar, it's on an absolute tear. And I just want to point out this monthly chart looks pretty crazy. I did point out down here. I did point out over there. Um, but now this thing is I mean I'm not touching it, but yeah, I mean it looks like it's probably going to break out into new highs here. You have highs of what? 2380. Yeah, 2380 there. If you can get through that, you have absolutely nothing until alltime highs.
Okay. Well, not absolutely nothing. You have a little bit there, a little bit right here. Okay. above 2380 you have 2970 and then 37 bucks. I mean, hey, I think it's the CEO bought it bought a crap ton over here and he posted a video on his I think it was his Twitter account. Um, showing how undervalued their stock is and yeah, that's what started this run, I'm pretty sure. So, it's still going. I think it's going to keep going and that's that. Okay. All right, guys. With that being said, I hope you all enjoyed today's video. I truly do. Uh, if you did, please just remember to leave a like. I know it's an hour long video, but we did talk about quite a bit and we kind of just covered like what 15 to 20 tickers right there, individual names. That's why I'm saying like we have a market that we might not pull back right now. Okay? You know, it doesn't make the most sense for to me for things to fall off a cliff. Okay?
like maybe maybe maybe we go sideways this week and then you know just resume the push back up. But you know I was imagining something a bit sharper when the pullback came and you know a bunch of these names again they just don't look to me like they want to fall off a cliff real quick and you know scare the crap out of everyone. It can happen but we just went through so many names here where yeah I mean all these are upside setups. their setups for continuation for breakouts.
You know, we honestly they're not looking bad. Like something like ASML, I'm pretty sure this is going to pan out with how much consolidation this hap, you know, came with. And I'm also pretty sure it's not going to be working this week if you know QQ is going to be breaking down. So, I don't know. One one's going to work and the other's not going to work. I'm not sure which one is which right now. Okay. But that's why I say be safe, okay? Okay, protect yourself. And uh yeah, honestly, I I really hope you all are enjoying this market. Okay, I will catch y'all in the next one. If you want to come trade with me, that link's going to be down below.
I'm live every day. And uh yeah, I will catch y'all tomorrow. Peace.
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