Josh Scan For 9/5/23

by | Sep 4, 2023

TSLA- looking vs 249-251 on short side, nice reject on the 50day  at 256.24
DELL- going to be watching 65-66 on the longside this week, stock hit all time highs on Friday on an explosion in volume, earnings winner
AMD- going to be watching 111 as a short opportunity here until moving averages start to turn positive like this as a guide to short\
NVDA- rejected its all time highs on Friday, still above rising moving averages and arguably best stock on the board , going to look 10am + trend join here- gonna be looking vs 490-492 area
CVNA- want t to see how 53.50-55 plays out here, been a really nice follow through since 44 but wouldn’t be surprised if this breakout fails, lets see
IOT- going to be watching vs 28-28.50 this week on the long side , earnings winner
MELI- going to keep an eye here want to see it come in a bit 1330-1380 but this name acting great
GOOGL- going to wait for moving averages to catch up would look at 133-34
RELY- watching vs 24.80 on the long side here
ZM- like the reclaim of the 200sma going to be watching a weak open to buy on dips
AFRM- going to be monitoring for first red day setup here , walking into day 7 here with no pullback will be watching vs 22.50-23 ideally we speed up through these levels and blow off for a short
UPST- watching if we retake that 34 level with volume but so far no trade
VFS- going to be watching vs 25-26 for a bounce

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