Today's LVLS — Thu, Aug 6
6 of the 36 charts posted to LVLS Members today:
NQ · ES · SMH · NVDA · AVGO · WMT
Charts + levels in this thread 👇
Educational, not financial advice. Full board → https://t.co/TcNFtY99yd
$AVGO · 4HR
Rejected the gap level at 426.48. Good holds above the previous highs between 412.70/414.64. If we can maintain, we can attempt the gap level again. Pullbacks to 400 are good as well.
🔴 Supply 426.48–426.48
🟢 Demand 412.7–414.64
$DELL · 4h
A lot of bullish talk on Data Center revenue last night on AMD call. This will continue to be a topic of conversation & DELL continues to out perform. Look for the higher low above 447.88/454.77 today.
🔴 Supply 489–489
🟢 Demand 447.88–454.77
Today's LVLS — Wed, Aug 5
6 of the 34 charts posted to LVLS Members today:
NQ · ES · SMH · NVDA · IBM · DELL
Charts + levels in this thread 👇
Educational, not financial advice. Full board → https://t.co/TcNFtY99yd
$IBM · 1HR
Holds over 229.92/230.97 & the 20DMA set this rocket off towards the 243.81 supply. This is TOP watch of the day!
🔴 Supply 243.81–243.81
🟢 Demand 229.92–230.97
$QQQ · 4HR
Dwontrend break & retest hold at the June low... that couldn't have been much cleaner. We are now back above the 20DMA & the major daily lows between 695.25/698.66. If we hold above those lows & the 20DMA, we continue higher. Target is the 710.23 highs. Above that, we run towards the 50DMA. Above that, we are into the 723/726 supply again.
The QQQ catch up trade will be the most lucrative trade on the market.
🔴 Supply 707.56–710.23
🟢 Demand 695.25–698.66
Today's LVLS — Tue, Aug 4
6 of the 35 charts posted to LVLS Members today:
NQ · ES · SPY · QQQ · SMH · AMZN
Charts + levels in this thread 👇
Educational, not financial advice. Full board → https://t.co/TcNFtY99yd
$SMH · 4HR
The hold over the 100DMA & the daily low at 527.87 is almost too easy... that is one of the cleanest higher low long setups I've even seen. Could be such an explosive reclaim & opportunity here. This is why I longed the SMH overnight. Over the 20DMA at 567.62 & we're off towards the 595.
🔴 Supply 563.71–567.62
🟢 Demand 527.87–536.81