Josh Scan for 12/19/22

by | Dec 18, 2022

MBC-  new spinoff ipo of Masterbrand, largest cabinet maker in North America, going to watch dips vs 8.10-8.30

NVDA- watching pops into 167.40/170.30 for a short trade want to see more resistance for another leg down

SOXL- watching with NVDA want to see how 10.60 holds (50 sma) for the rest of semiconductors

AMD- watching with SOXL/NVDA another nice vehicle in the space

TSLA- increasing volume massively on this downward move going to watch v 153.60/152.08 for a short

QQQ- watching next line of support at 272.42 next area down from that for me is 267.61, upside levels 278.11 (50sma) , I find it helpful for me to know where we are in the macro indices , if I am trading something with high beta correlation, the moves are often tied to the direction

SPY- 385.72 resistance/ 379.52 support going into Monday obviously things overnight can/will change but good to know where we are

GME- still looking vs 21.40 for a short play

AAPL- looking for a short vs 136.80 potential move down to ytd lows at 129

CAR- 181.20 /183.38 levels of interest for a short play looking for 174.55 first target then let piece ride if right,

KMX- looking 62.52/63.56 area for potential short wouldn’t be surprised if this can hit ytd lows towards 55, same space as CAR and CVNA

CVNA- pops vs 6 for a short

 

1 Comment

  1. Appreciate these large cap ideas

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