Josh WL 11/17/24

by | Nov 16, 2024

First break of QQQ/SPY 10/20 emas post Trump Euphoria, question is now is the right side going to build here for more momentum in the markets or are we going to take a breather? Still momentum in BTC but it is a risk asset so in my opinion*, have to note if risk comes off in tech and other things BTC might derisk as well. NVDA is a huge event this Wednesday imo for near term momentum of AI/Semiconductors. 

BROS- looking for weak opens and strength post open 


CAVA- going to look for a short opportunity vs a potenitial 150 + bounce want to see  if some lower highs get put in over the coming days 

PLTR- continues to rip ideally a blow off day think people getting exhausted shorting this name everyday on the trading side, overall low short interest. Only interested in parabolic move or backside of the daily/weekly chart, not fighting.

TSLA- – going to see how lows hold from intraday Friday and see from there 

GEV- going to see if 320s get heavy for potential breakdown, some weakness in nuclear/ power names 

BTC related names im watching 

COIN 

MSTU 

MSTR 

NVDA- going to watch 145 area for a potential short breakdown into the number just in case institutions want to de-risk. 130 area to stay weak if we are going to fade post earnings, only the reaction matters to me. 

1 Comment

  1. Emcee on November 16, 2024 at 3:38 pm

    Thank you so much!

    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Your email address will not be published.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