SOFTWARE IS GETTING KILLED🪦
$PLTR The BIG BOY, broke $125 and dropped STRAIGHT into 119 give our big juicer, but this could have another $20 of downside. $CRM and $NOW getting hit back down towards lows, and $ADBE just getting MURDERED
Software is giving GREAT setups👇
$CRM
Sales force is one I see as potentially bottoming here. I would be extremely confident here, if not for the fact Thursday was OPEX, so higher volume is expected.
But it’s showing signs of a capitulation look and potential morning star setup. This is one of my favorite pivot looks.
What I would want to see here is an immediate V shape recovery move after a gap up candle.
What makes these looks clean is the last of the sellers are wondering “what happened?” and late bears are trapped.
THIS COULD GET UGLY, WATCH FOR THIS⚠️
$AAPL has found support at the $290 level for about 2 weeks now and is coming back into the $300 level. $GOOGL has formed a solid inverse H&S but can it get the continuation?!
MAG 7 Stocks NEED to make a move👇
There is no infallible setups.
Every setup loses sometimes.
Every. One.
Who cares….
Just keep taking great setups, have proper risk management, and you will FINE in the long run.
If you’re failing, the problem is not the setup.
It’s you.
WAIT... WHY IS NOBODY TALKING ABOUT THIS🧨
$SPY continued higher hear on the day but the majority of the MAG 7 ended red or did nothing... $MSFT and $META are getting NUKED on the downside. Meanwhile Apple and Amazon are on the break of death
This LOOKS VERY BAD👇
$VIX crush✅
No structure break✅
40% $VIX rally rare✅
Markets bouncing as predicted✅
Now the big thing is where I talked about do we make lower high or continuation.
As of now, continuation most likely as long as structure holds.
Hope it helped!
Trades can meet all of your criteria and you can still fail.
If there was one setup that worked every time in the market, we’d all trade it.
Once again, people who act like they don’t fail are liars and scammers.
It’s ok to fail. It’s part of the process.
What you can control is making sure you’re not overleveraged so you can survive the bad days.
I always tell my team to focus on what you can control, not what you can’t.
I can control:
- what I buy
- when I buy it
- how much I risk
- when I sell (profit or loss)
- The emotions that come with winning and losing.
I don’t worry about the market. I don’t control it.
So don’t let the market control you.
$TSLA
Was already showing signs of major weakness on Monday.
Here is the analysis I provided on our free YouTube video that allowed me to believe the most likely move was down, and by a lot.
Hope it helped!
TIMBERRRR THIS LOOKS BAD 🚫
$GOOGL Just announced an 80 BILLION DOLLAR OFFERING... Immediately seeing more sell side with a gap near $355. Then we saw $META drop $30+ here on the day despite new ATH on $SPY
2 Stocks THAT ARE RUNNING ON FUMES?!👇
Keep an eye on $PLTR if it can reclaim $140
Making a move today and catching major flows
(possibly related to the talks of government stake in drones/defense)
Trump tweeted about them just last month. Look what happened to $DELL after Trump tweeted about them....just sayin✍️
THE 2 WEAKEST STOCKS IN THE MARKET🩸
$META is CLEARLY struggling after earnings, increasing CAPEX + Free cash flow WAS DOWN... Then Microsoft continues to struggle near the 100ma.
IF WE SEE any weakness from the market we will see a BLOODBATH on these stocks👇
I’m going to say this, and I know I’ll get all kinds of hate, but that’s fine.
I’m here to post my opinion and best analysis on the market.
Every day this rally extends, especially at this rate, it doesn’t make me feel FOMO at all, it makes me more nervous.
Usually when things run and I miss it, I’m super pissed.
This time not only am not sad I missed anything. If anything this move makes me more nervous for the future.
The music will stop, and those without a seat will be in trouble.
Take care and be smart.
That is financial advice.
Recorded this video for 𝕏 subscribers based on their stock requests
Some solid names came up.. so sharing it here with everyone
Enjoy:
https://t.co/6agyTMXtv1