Josh Scan 12/18/23

by | Dec 17, 2023

SEDG- found a big bid looking for a couple days of pullback then next leg up , looking vs 93-94

ENPH- same thing here solars/alternative energy found a big bid on lower rate announcement from the fed

PYPL- like the payment space its in and one of the more profitable/legitimate companies in the space, while momentum has been going into more speculative names like AFRM/UPST will look for this to catch up ideally 60.50/60 for a guide, next leg would like to see this above 64.70 which is the 200sma

TSLA- nice reversal past couple days just like everything else will look weak opens vs 250 this week found support above all the moving averages

AFRM – looking for a series of lower highs this week for a possible 40 tap, no sense in fighting this at all but think shorts have taken a beating so have it up for monitoring

UBER- think it needs some time, will look for it to test the 60.86 /59  area and then setup for another long play

AMD- will be looking how 135-137 levels act this week , outperforming name amongst the semis so far

QQQ- about 1% away from all time highs here , possibly people chasing returns to end the year wouldn’t be surprised to see it hit naths and then pullback, no bias

 

 

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