Josh Watchlist for 12/26/24

by | Dec 25, 2024

REAL- watching for 9.70 confirm for continuation what a weekly on this + multiyear highs 

ACHR- going to monitor this one for dips and a move towards aths , volume is htere and like this right side of the build vs the beginning of december rejection


RUM- ideally couple day consolidation and watch for volume to pick back up for another leg into end of year 

UMAC- will watch if 15.50-16 builds again so many charts out there on these sector plays (Quantum, Drone, EV) that could have cracked by now and just haven’t , not really interest in other side until markets / sectors turn over and momentum fades 

TSM- will watch a weak open and see if we hold 207/208 area for next leg + aths 

QQQ- three day recovery on declining volume, last day i get bc half day + Holiday, but have to see if we get rejected here or not can  affect momentum across the board if we reverse this 3 day trend 

NVDA- going to be monitoring the 50day ma and how we hold / don’t going forward, especially into the new year 

CAVA- will watch bounces vs 123-128 for a rejection moving averages turning over 

2 Comments

  1. starsAPlus on December 25, 2024 at 10:13 pm

    thanks, Josh!

    Reply
  2. CocoD on December 26, 2024 at 1:32 am

    thank you Josh, for taking time to scan for us with clear explanation, especially for newbies like me.

    Reply

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