Josh Scan 12/18/23

by | Dec 17, 2023

SEDG- found a big bid looking for a couple days of pullback then next leg up , looking vs 93-94

ENPH- same thing here solars/alternative energy found a big bid on lower rate announcement from the fed

PYPL- like the payment space its in and one of the more profitable/legitimate companies in the space, while momentum has been going into more speculative names like AFRM/UPST will look for this to catch up ideally 60.50/60 for a guide, next leg would like to see this above 64.70 which is the 200sma

TSLA- nice reversal past couple days just like everything else will look weak opens vs 250 this week found support above all the moving averages

AFRM – looking for a series of lower highs this week for a possible 40 tap, no sense in fighting this at all but think shorts have taken a beating so have it up for monitoring

UBER- think it needs some time, will look for it to test the 60.86 /59  area and then setup for another long play

AMD- will be looking how 135-137 levels act this week , outperforming name amongst the semis so far

QQQ- about 1% away from all time highs here , possibly people chasing returns to end the year wouldn’t be surprised to see it hit naths and then pullback, no bias

 

 

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course