On watch 12/15/24 from Emil

by | Dec 15, 2024

Indices are positioned as they could hold another leg up into eoy, have no interest to fight with trend as long as most of the setups I see are basing and havea  narrow range that could have some follow thru to the upside if momentum will continue, of course therea are stocks that are over extended but unless there is going to be a big gap up to exhaust the move or gap down then a bounce against to previous levels I wont fight with the strength i.e TSLA, PLTR 

AESI – needs few more days to build up for a bit but can be a big b/o eventually 

IOT – if manage to holds these levels and will push thru 46.5 will be interested in a long trade risking low of the range but will need to trigger first and see volume kicking in

NU – similar plan as above, not baked yet and might need few more days, anyway looking at 12.5 level for a long trade

STFS – recant IPO and builind up nicely, looking for a push thru 6 

SE – if there is going to a be a b/o of 118.5 then yeah long there 

PATH – ideally one more day of pull back or maybe 2,3 insidea days after this pullback would make a good candidate for a long in the 2nd part of the next week

MRVL – Big b/o on good numbers, eyeing dips vs 118.5 for a long and ride it higher if momentum will still be present 

AFRM – needs few more days most likely but if will develop later this week will be interestig for another leg up

4 Comments

  1. Thanks, Emil !

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  2. Thanks, Emil!

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  3. Thanks 🙏

    Reply
  4. Thanks Emil!

    Reply

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