Josh WL 10/16/24

by | Oct 15, 2024

Semis: 

ASML – smashed today on trimmed outlook lets see if this gets more systemic or its a one off. 

AMD-  continued weakness after there recent AI conference with SMH helping the fade here today – will be looking for fade here vs 162s in coming days

NVDA- just one day of weakness need to see how 130.50/133.28 area holds if pops keep getting sold I will join 

Other 

RDDT- good looking chart still, if market fails breakouts will not work nearly as well something to note 

COIN- nice doji day some great trading range here, if crypto fails will look for fade back otherwise 200 day sma at 201.84 will be a big tell. 

TSLA- will look vs 222 area tomorrow for a short 

BABA- will look to see if a trend forms again in coming days, no rush for a long but could be a bounce in store. Other china names im watching below 

JD 

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