Josh Scan For 6/21/21

Semiconductors

NVDA- trading big range range here, nice pullback with market, this name has made a huge move, looking 750-752 for a guide to short

AMD- seeing how 150day ma reacts for a short meaning looking vs 85 right now to short

MU- looking to ss vs 78-79 this name is broken, 200sma not far away

LRCX- looking vs 620 for ss play, broke through the 50 day now looking at that as resistance

SOXL- looking for short vs 38.50s

Volatility/Macro

VXX- looking to buy all dips vs. 33.40 ideally we get some gap and then fails on markets to speed this up

UVXY- looking long vs 34 on confirmations from the market

SPY- looking to see how market responds vs this 417 level we broke the 50 day for first time in over a month

TQQQ- looking for ss(short) vs 111

 

QQQ- huge relative strength vs the SPY hasnt even broken the 10 day, will be looking for this to catch up

 

IWM- this is worse than the SPY breaking through the 100 ma

TNA- is the 3x bull etf IWM, looking to short vs 91

Tech— Strength—What I am watching— IF MARKET GETS heavy i will CUT STARTERS so fast and am not afraid to change my thought fast and get short

NET-  if market gets heavy ideally pullback to 10/20 day to buy, well see patient here

CRWD- still think this has a good chance of breaching all time highs, but if market gets too heavy, have to be AWARE of buying potential breakouts, that will work less and less, looking vs 238-240 how support holds

PINS- seeing vs 72 potential long

SNAP- long vs 10day 61 risk

TSLA- if 614-618 range can hold think we could have a big potential leg up

Other

TRCH- shorts have a problem they did offering etc market got slammed and its higher, will look to snag an opening washout vs 6.10-6.20 towards the open

SAVA- will be looking vs 75 for a potential long play here

ANVS- will be looking vs 89

GME- love this short vs 225, thinking it can turn over big here, steadily rejecting the 20 day ma

ALF- looking vs 7.10 for potential long, the momentum, volume and flags are there

KNBE- ideally few days of pullback consolidate, then another leg up

TIGR- looking to see if it can hang on to the 20day ma

DXCM- long vs 400

ABNB- long vs 150