PLBY has gained great momentum and has the potential to violate its major resistance labeled as R1. The bullish Butterfly Pattern over the load zone is also indicating a swing up to the following targets. previously...
$TSLA Very bullish on this name for the next couple weeks. Expecting $1000 quick, before a cool down and next leg higher. 📈$908 | $925, $950, $975, $1000 📉$865 | $850, $825, $800
$MSFT Played upside on this one last week from $290 for a 10 point move. Expecting some cool down before the next leg higher. 📈$302 | $305, $310, $315 📉$288 | $285, $280, $275
$IWM Relative strength in small caps here. Broke above downtrend from ATH, looking for continuation. 📈$209.15 | $215, $220, $226 📉$204 | $200, $195, $190
$BAC Broke downtrend last week, let's see if we can find continuation this week. 📈$43.05 | $44, $45, $46 📉$42 | $41, $40, $38
$AMD Watching for strength above $115.50 to hit targets above at $120, $125, $130.
$TGT 1W Target is consolidating in a megaphone pattern and bounced off TL support. Looking for history to repeat itself and break above the micro resistance (red line) for a retest of the upper TL. Seeing some bullish divergence as well as the oscillators looking to flip bullish.
$TWTR 1D Looking for a relief bounce off of the bull flag support TL. Watch for 1 last leg down afterwards for a massive potential buying opportunity.
$TSM 1D Above $145, we can see continuation to $149-150 to complete wave 3.
$TSLA 1D Looking for more upside continuation this week. It is very important that we don't break below the low we have formed last week, otherwise we're in for a further correction.
$NVDA 1D May get a relief bounce early in the week, but ultimately looking for mid to low $240s to complete the correction.
Room to $235 above to complete wave 3 if we can clear the resistance TL.
$ATVI 1D Huge daily gap above. Looking for a break of resistance above to test the gap above. Technicals also very oversold (1W)
$AAPL 1D May get a bounce early in the week, but ultimately still looking for downside continuation.
$TSLA 1D Going to stay optimistic and keep my current count on Tesla. It is CRITICAL we break above $1161, then $1208... otherwise possible that wave 2 has not ended yet and we see a WXY correction (currently in X). That would take us to the mid $900s before moving higher.
$SE 1D Nice TL breakout with retest today. Held very nicely. As long as the overall market cooperates, we should test the Daily gap above. TargetDirect hit: $210, $218
$NVDA 1D Aligned with $AMD and $AAPL charts. Want one last leg lower to complete the corrective cycle.
$NIO 1D Would love to be proved wrong here, but Nio may be in for a final leg down. I'm looking for capitulation in the mid teens for one of the best BTFD moments of 2022.