The following is a breakdown of key stocks and levels to watch this week. ๐ผVideo attached.
$SPX: Huge 13.5% rally off the 6316 low, now consolidating above the prior all-time high near 7002. Holding above 7000 keeps dip buyers active. 7200 is the next upside area, but with FOMC and mega-cap earnings, expect volatility both ways.
$QQQ: Strong close near highs, extended from the 9-day. Tech still leading, but could see checkback before continuation.
$IWM: Still rangebound. Holding 270โ273 could set up upside continuation.
$AAPL: Broke above daily trendline but closed back below. Earnings Thursday, 300 possible if reaction is strong.
$MSFT: Moved from 355โ356 to 435. Watching earnings Wednesday, 435 is key.
$AMZN: New all-time high after strong Friday move. Holding breakout keeps blue sky continuation in play.
$META: Still below 200-day. Needs reclaim and hold above 700 for short covering.
$GOOGL: Close to all-time highs. Earnings Wednesday, could chop before report.
$TSLA: Rangebound. Needs 385โ400, then 410โ415 to open upside.
$SNDK: Tested 1000 after massive move. Earnings could impact MU, WDC, and AI memory names.
$MU: Tested 500. Next big move likely tied to SNDK earnings reaction.
$WDC: Holding above 400 is bullish. Pullback to 9-day could offer bounce setup.
$SMH: Semis leading, up sharply and still strong. Hot, but strength remains clear.
$NVDA: Broke 200, pushed toward highs. Above 203โ204 keeps 205+ and ATHs in play.
$AMD: Parabolic move. Above 350 could trigger continuation through Friday highs.
$AVGO: Strong trend, earnings not until June. Still one of the key semi leaders.
$TSM: Strong Friday move. Needs to hold 400, above 410 opens higher.
$INTC: Broke 25-year all-time high near 75.81. Friday high near 85 is key, best if holds 75.
$QCOM: Strong Friday move, but still in a wider range.
$IGV: Software still choppy and rangebound. Needs earnings catalyst to shift sentiment.
$CRWD: Failed above 200-day. No clean setup yet.
$SNOW: No trade for now.
$NET: One of the better software setups. Earnings May 7.
$PANW: Below 200-day and wider range. Better to wait for cleaner structure.
$XLF: Rejected 200-day. Financials need to wake up for broader market expansion.
$GS: Backtesting trendline. Could be a decent early-week trade.
$C: Holding 125 keeps it constructive.
$JPM: Holding earnings gap. Around 305 is the trigger area to watch.
$POET: Vertical move from 9 to 15. Earnings in May, momentum name to watch.
$AAOI: Consolidating for possible next leg higher.
$AXTI: Holding 9-day into April 30 earnings.
$LITE: Above 900 could open 1000+.
$ARM: Hot after squeeze into 240. Earnings May 6 will decide if it holds or falls back into range.
$HIMS: Closed above 30. Above 32 could open 38.
$SMCI: 30 is key. Above 30 opens 35, then 38.
$ALAB: Closed above 200. Above 220โ230 opens all-time highs.
$LRCX: Failed new high breakout but still holding. 275 worth watching.
$NOW: Trying to recover after earnings gap down. Above 90 opens 100, then gap fill.
$DELL: Clean one-time framing above 200. Pullback into 200 and 9-day could be attractive.
$ADBE: Above 245 could start recovery, but still needs narrative change.
$HOOD: Earnings ahead. Above 100 opens momentum.
$COIN: Needs 215, then 250 to open higher.
$MSTR: Parabolic into 185. Needs fresh strength before it becomes clean again.
$BTC: Rejected near 80K. Above 85K reclaims 200-day and could open 100K.
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