Josh Scan 6/6/24

by | Jun 5, 2024

Market highs, was feeling pretty under the weather this morning and barley did anything today so Ideally better tomorrow. Really everything melted up today

NVDA- continues higher grind looking for Speed here and a failure + red roll ideally gap and fail in next couple days for this trade, waiting patiently think this is just prior run into the split, very similar and would review TSLA fade 2021 post split , take your time here first red day and low close i think is beginning of a 100-200+ point move to 1050 area but well see its wrong until its right BE flexible

SOXL- if you do not want to trade NVDA SOXL is a great option as a proxy imo has massive range

AMD- on radar as well as always weaker name in the semis

TSLA- still like shorting weakness here ideally loses 172 and the 50day by end of week

BROS- nice b/o move will be watching here \

HOOD + HIMS shaping up once again these are good momentum names for now

FSLR- see how it does tomorrow 280s rejected today

LULU – going to see how this does tomorrow vs 345-350 vs the 50day if we can fade back no interest in long yet

 

 

 

1 Comment

  1. TY sir

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course