DaveNQ

Trying

[DaveNQ @DavidSmilowski]

$RDDT One of the few charts I like in this market. Big move higher and now consolidating and getting tight under this big $178-180 zone. Have been able to trade around this area successfully but have not been able to get the move I am looking for. Once market picks up, this goes

[DaveNQ @DavidSmilowski]

$CRWV Broke out of an almost year long downtrend and just hasn't had the legs to go meaningfully higher. Bullish on this long term but I want $85 are to be retested to think about starting anything

[DaveNQ @DavidSmilowski]

$AVGO Earnings miss and puts in a big gap down. Next spot looks to be $350 area. Until then, no reason to be trying to trade this to the upside. Chart just looks like shit to be honest

[DaveNQ @DavidSmilowski]

$NVDA Broke ATHs and just slowly bleeding back down. That $194 area seems to be the path of least resistance and hopefully can go lower to retest that $152 area from late 2024. Lots of other names that look to just be drifting lower

[DaveNQ @DavidSmilowski]

$META How can you not be bearish when looking at technicals. Broke out of a multi-day base to the upside only to round trip and then break the lows. Same thing with $MSFT A month of basing to break out violently just to erase everything and break lows.

[DaveNQ @DavidSmilowski]

Lots of not so nice charts out there in the market at this time. I know at any point things can flip and people will be saying "Why didn't I buy here?". Personal opinion is we go lower after looking at names like TSLA, NVDA, META amongst others #trading $QQQ $SPY

[DaveNQ @DavidSmilowski]

Closed this out for -10%. Will revisit later

[DaveNQ @DavidSmilowski]

$META Bit of a bottom pick here but the R:R is too good to ignore. Exit is break of this range low. Small position in July 17 650c. Can easily inflate to be a bigger position in the portfolio.

Cant emphasize enough that this is riskier compared to a lot of other charts out there

[DaveNQ @DavidSmilowski]

$RDDT One of my favorite charts out there. Clear level around $160-$155. 8/21 EMA lined up in that area. Explosive earnings and fundamentals. IMO, not a matter of if but when for the $200 break and above. Will be a larger piece of portfolio when taken

[DaveNQ @DavidSmilowski]

$HOOD Retesting what is essentially IPO high from Jul 21'.Strong weekly close and now trading within that range. Looking to see if $85 area can hold. Will look to start a position on that retest and *potential* hold. Back burner set up but can provide a nice opportunity

[DaveNQ @DavidSmilowski]

$PLTR downtrend break on the daily. Pulling back into old support at $148 area. Software/AI name catching a bid again, mentioned by Trump, fundamentals only improving YoY. EMAs catching up and waiting at that level. Starter position for now. Looking to add at $148

[DaveNQ @DavidSmilowski]

Good move on $ORCL Trimmed a lot of options for May 29th and July 17th. Will most likely take the options off and hold shares, looking for 216. Don’t want to hold through earnings

[DaveNQ @DavidSmilowski]

$ORCL retesting 8 ema on daily and hourly flag right on major support at this 186 area.

Long with shares at $186 and July 17 200c

Invalid thesis under $180 for myself

[The Kobeissi Letter @KobeissiLetter]

Systematic selling of US equities may be running out of steam:

Commodity Trading Advisors (CTAs), the algorithm-driven funds that buy and sell based on price trends, have sold -$85 billion in US equities over the last 30 trading sessions.

This marks the largest 30-day sale since the 2020 pandemic, when CTAs sold -$105 billion.

By comparison, the March-April 2025 correction saw -$80 billion in sales.

As a result, CTAs are now short -$37 billion in US equities, the 3rd-highest amount since 2019, behind the April 2025 low and November 2023.

Meanwhile, Goldman Sachs estimates that CTAs are set to buy in every market scenario over the next month.

The market is setting up for a relief rally.

[DaveNQ @DavidSmilowski]

@yaseeen76 Longed the same thing at 276. Out at 325. Simple break and retest looking for those next highs

[DaveNQ @DavidSmilowski]

@Luisjua10 Trading with just one account? I’m on one funded 50k with about 8k profit. I’m Considering doing another 4 to get max allocation with TopStep

[DaveNQ @DavidSmilowski]

@TraderYush NQ broke below key level of 25634, saw selling on tape and entered with stop above. Added at break of consolidation low and moved stop to BE, targeting next level. Trailed stop and was taken out on the bounce up. Risked $290 to make $870. Just about 3R trade. @TraderYush

[DaveNQ @DavidSmilowski]

@TraderYush Any info on potential spots opening up? Really looking forward to joining

[DaveNQ @DavidSmilowski]

@TraderYush Would love to learn more about order flow and looking to bounce ideas off people that are trading in a similar way. Hoping to reach new heights in 2026

[DaveNQ @DavidSmilowski]

@TraderYush Manifesting💯