TheStockWatch

Growth Focused Investor/Tech Analysis and Trend Following Focused Trader. Not licensed or financial advice.

[TheStockWatch @TheStockWatch2]

@3KComeback https://t.co/dHPlz7VyCY

[TheStockWatch @TheStockWatch2]

https://t.co/9iy60YnTKI

[TheStockWatch @TheStockWatch2]

$AMZN

2020 was Amazon’s retail moment.

2026 could be its AI moment.

AI infrastructure. AWS re-acceleration. Multiple expansion.

Full breakdown below.

[TheStockWatch @TheStockWatch2]

https://t.co/9iy60YnTKI

[TheStockWatch @TheStockWatch2]

https://t.co/9iy60YnTKI

[TheStockWatch @TheStockWatch2]

Newsletter Posted:
Top 10 Election Trades https://t.co/YwDGveTNUt
$FSLR $ENPH $TAN $NEE $DHI $PHM $TOL $XHB $DJT $GEO $BTC

[TheStockWatch @TheStockWatch2]

Newsletter posted:
How To *Correctly* Call Market Bottoms https://t.co/3t9bpqnosu

[TheStockWatch @TheStockWatch2]

Gaps almost always get filled, especially when there’s downside momentum and it’s that close to getting filled. If the gap is protected, it will often signal a change of character/reversal for the stock. If it’s able to hold and follow-through, it targets 107.25, 111-112.5 next.

[TheStockWatch @TheStockWatch2]

$ES #ES_f
Last week was an eventful one, as sellers successfully pushed $ES below 5272 which was ‘must-hold’ support (bottom of consolidation range & breakout trigger from CPI on 5/14). This triggered downside and volatility once it broke, though didn’t hold long.

[TheStockWatch @TheStockWatch2]

$DIS after a large pullback is testing $100-102 support with a strong reaction from buyers off this zone so far. If this successfully holds, it’s a major sign of strength from buyers due to the gap fill slightly below there ($99.3) being protected.

[TheStockWatch @TheStockWatch2]

Weekly Watchlist/Outlook:

[TheStockWatch @TheStockWatch2]

Newsletter posted:
The Best Trade Setups in 2024 (so far)
https://t.co/QIsJFdrodU
$NVDA $AMD $SMCI $CELH $COIN $APP

[TheStockWatch @TheStockWatch2]

All this recent pullback has done is backtest the breakout from 12/13 (FOMC meeting) and built out a bullflag in the process.

Next week I’ll be watching the 192.3-193.15 zone to act as the key pivot.

Simple R/R to trade it - enter above 193.15 and back below 192.3 is risk/SL.

[TheStockWatch @TheStockWatch2]

Is $IWM next up to join the rally?

- the index had a 27% move up from lows at the end of January to end of December.
- Healthy pullback and built out a bullflag for the last 3 weeks.

Now potentially setting up for the next leg higher starting next week.

[TheStockWatch @TheStockWatch2]

Almost a textbook Wyckoff Accumulation pattern as well.

Put in a hammer candle on the weekly last week, important higher-low if it holds.