Market Health
QQQ/ SPY- both closing above rising 10/20 day moving averages with a decent rally into the close, i would like to see closes below 410.54(SPY) and 320.02(QQQ ) if we are going to start to get heavier
Semiconductors:
NVDA- will be looking for lower highs and heaviness/selling pressure 286/285 area for a test of the 20 day at 279.17 or lower
QCOM – this is breaking through previous 52wk lows after its earnings came out , when the market gets heavy will be looking here vs 105for short, ideally snaps 100
AMD- will look push vs 97-98 nice trading vehicle here long/short, trades with market pretty well
SMCI- powerhouse post earnings move going to watch for a couple day pullback for the next leg higher, not a play for Monday necessarily but watching for the week
GSIT- momentum small cap, traded 5x the float Friday , has earnings Tuesday post close, more levels to come Monday am, gapped 40% post close to 7s
Tech:
GOOGL- am watching for a couple day pullback to 114/113 but possible this just goes, buying into 4th day up in a row isn’t something that I look for so I’ll wait
SNOW- would watch dips vs 165 for a buy here if tech can keep going
CRWD- would keep an eye on this one as well
TSLA- going to look vs 170.50 for a short play especially if market can stay heavy, market shook off that ++ news regarding new CEO of twitter so far
PLTR- post earnings going to see if this can continue, if stays heavy no interest but if 9.20s firm up this week and we can reclaim 10 i am interested
AMZN- going to watch dips vs 109.32 Friday lows for continuation
UBER- love how much this is coiling, would like to see a push with volume above 39.23 for a breakout
UPST- So far giving back a lot of the post e/r squeeze if start to climb back up will have on radar if can firm back up over 18-19.20 , heavy short interest but still can just fade off if no higher RVOL shows up
SOLAR
FSLR- largest volume day in 2 years on this name making multiyear highs , watching on dips vs 215-210, not going to chase into strength, but if we can form higher lows post 10am would join trend
MAXN, looking trend join vs 34.50
Appreciate you sharing this watchlist and your thoughts, thanks Josh.
Thank you!
finally a watchlist with large caps! : ) Thank you!