$QQQ closed under the 10MA on Friday. The conflict in Iran picked up over the weekend, which is causing overnight futures have gap down. What will be very important to monitor now is see if this gap finds buyers and if we start to hold. Or do we just sell off and potentially revisit the 200ma. The health of my watch list is what I’m monitoring over the course of the week.
Stocks I’m watching
ODD 0.00%↑ - Massive IPO break out few months ago and has started to consolidate. Recent highs as a starter, real entry is over $75 (offering high).
TSLA 0.00%↑ - robotaxi launched Friday. Will be watching this technical set up as a higher low entry over $333.
WING 0.00%↑ - EAT, SHAK, and other restaurants have been doing well and WING is also a strong name in that group. Watching this one off the 20MA for a potential higher low entry.
QBTS 0.00%↑ - Quantum leader finding support on the 20MA. Watching for a consolidation break entry over recent highs. Spec name.
NBIS 0.00%↑ - Probably my favorite name in the market given it’s current story. Has had a big run from April lows and has had a few catalysts to bring it up to highs. Watching it up here for a flag break. $50 - $51 range is the real break out entry, however, can find a low cheat entry over recent HOD.
TEM 0.00%↑ - Hasn’t had much power recently. We will see what it does with this inside day it has put in. A low cheat entry would be over the inside day high, however, the real b/o imo is over $72.
