Josh Scan 12/27/22

by | Dec 26, 2022

META- looking for 116 area to find support for a move through 120 / 123.69 to the upside, if the market stays heavy I will avoid but if we are flattish/small red and we get a bid here i am looking to get involved

AAPL – looking vs 132.20  no bias, if market gets heavier  looking for a retest of 129s year to date lows on the downside

PHVS- low volume trend from that move on 12/8 built a nice base looking to see weakness get absorbed on dips vs 9, reminds me of the price action of NINE

MSFT- watching to see if 241 reclaims and we can close above the 50, if not i expect a fat rejection and more downside

PDD- want to see if we hold the 20 ema and reaction to covid reopening news, should have range tomorrow

KWEB- monitoring 29-30 for a base and holding above short term moving averages

BILI- watching vs 22.50 area

 

KMX- missed e/r and total absorb past couple days of the initially weak price action, looking dips vs 58 at this point, someone was there to buy

TSLA- looked like a reversion was setting up for Friday but they bagged chasers on that move, still think the trade is setting up, using the 30min bar and looking for basing 125 area and then a clear of 128.60 for a move, these levels will likely have to be adjusted tomorrow morning depending on where we stand, range is there, volume is most certainly there, think a lot of people are looking for this trade, think there is a lot of tax-loss selling still happening , waiting for confirmation on this trade vs anticipating the turn, even if a couple bucks late im thinking a big big move here this week/next week

ENPH- looking to see this week vs 304 area would look for a short if it doesn’t hold up

NKE- looking for the build over 117.50 for a long

1 Comment

  1. quality watchlist. something interesting would be to see the performance at the end of the week if we only traded the names on our weekend list. Not sure it would be good/bad but it would be interesting to track nonetheless.

    Reply

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