Josh Watchlist 12/16/24

by | Dec 14, 2024

SOUN- ideally couple more days here for the short opp, short float slowly dropping a bit so ideally people are tired here and a 18-24 blowoff move on volume for a fade back red and see 15s get heavy , day 3 of new sequence to me, could be couple more days before it fails, held moving averages, no reason for a fight really if you are respecting sector sentiment, all time highs of 18 area just 1ATR away 

BA – gonna watch potential  build above 200sma into new year 

RGTI- watching with SOUN – when these fail all of them are heavy, QBTS, ARQQ(have your watchlist built, IONQ , AMPG, QMCC etc)  honestly I am in no rush to short these stocks with hope that they come in ,  just if they blow off and speed up i get interested , when price action gets ahead of itself. GOOGL quantum effect added on top of this all i suggest you go over the recent move bc of their quantum breakthrough. It doesn’t have anything to do with fundamentally effecting these smaller companies, however what it does effect is PERCEPTION, and how do you think sector moves get started in the first place,? “perception of where the next hot theme is”. 

NVDA- i am watching lower highs for potential short breakdown to possible retest the 200sma end of this year or early next just to shake out some weak short term hands. 

AMD- good to review- for one of the most stress free shorts within the semiconductors 

RIVN – nice daily watching for breakout

SEDG- ideally 14-15 confirm upside for next leg, avoid within range imo 

Other :TSLA- ideally something wild coming 450-500++ this week am looking for multiple adr extension if any type of short, pissed i sold my shares too early lol. No interest in trying to find the top, but as always will be stalking speed in the weeks to come for a pullback to 10/20 moving averages. 

2 Comments

  1. thanks, Josh!

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  2. thanks bro!

    Reply

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