BTC holding the short term moving averages so far lets see how it develops tomorrow —
HOOD- looking vs 37 for a breakout higher
COIN – sideways daily past 2 weeks if holds up will look for the long like using Tuesday low as Swing risk
SNOW- will look for opening range highs for a potential long, post earnings drift
SMH- snapped through the 200 sma closed above but noticeable weakness in semis over past days and weeks, twitter consistently highlighting this so if we bounce wouldn’t be surprised, if stay heavy below 237 area, things like NVDA / SMCI/AMD /QCOM should continue to struggle
NVDA- broke 50 day moving average snap back, lets see how it does vs 140 level if continues to unwind can be 120 or lower quickly
SMCI- will monitor vs 39-40 area for a short
CORZ- BTC/AI infrastructure play daily is shaped up very well and moving averages have caught up
QUBT- will watch pushes toward 8 for an unwind
ARM- breaking below the 200 sma will watch vs 139-137 area for potential short
0 Comments