 Hey guys, this is Hydra from Xtraits back with another weekly video and in this video We'll just start off by going over the indices and then individual names So as usual, we'll start off with the indices so SPY and QQQ Overall SPY still looks very very strong and last week We did have one week of rest and then this week again. We continue to break out higher But yeah, overall not much to say Overall SPY QQQ very very strong, right? They continue to grind up higher every single day in every single week and this week we did have a pullback on Wednesday. We did tap down pretty hard You know, we did tap down We didn't tap down that hard on SPY but on QQQ We didn't tap down, but we did have a pretty nasty pullback these three days, right? And then on Thursday we gapped up very very strong because of the video and then overall on Friday We just continue to consolidate so SPY also same thing no gap down But we did pull back here to the 20 day and then we gapped up very very strong on Thursday And then on Friday, we just pretty much consolidation day, right? So SPY and QQQ pretty much looked identical SPY is acting a little bit stronger It didn't make it did have a stronger break up in the stronger gap so overall the market is looking really really healthy and You know just continue to grind higher like I was talking about before I will say that SPY is looking pretty extended though, right? Look at the distance from it went from 408 to 510 So again, I still think SPY and QQQ or overall market is getting a little bit frothy and getting a little bit ahead of itself, but My opinion doesn't matter right as long as the trend is still intact and then continue to be bullish Then until we lose this trend line, then that's when we want to start thinking about the other side, right? So as long as this trend is intact, I'm gonna continue to remain bullish I will be cautious because we are getting extended but as long as the trend is intact then Yeah, I will continue to be bullish and same exact thing with QQQ Yeah, not much else to say right there, right? The trend line is holding QQQ looks like it's actually getting more like consolidation SPY did break out QQQ looks like it's just consolidating here overall really really good action, you know I will also say in March and April usually in We typically do get like some sort of pullback in terms of seasonality, so do watch out for that Yeah, let's take a look at IWM and ARKK as well IWM looks like it's just chopping around It did reclaim the $199 level or so that is good and Yeah, overall I think IWM looks pretty healthy And it looks like it wants to break out of this really really long base But you know, we'll see what happens overall. I would say IWM looks pretty good as well. Let's take a look at ARKK ARKK is still struggling here a little bit still like chopping around between this area It had a nice breakout here and then it rejected that 51.3 level and now it's just pretty much Just consolidating once again, right? So yeah, not much to say ARKK does look a little bit weaker compared to the indices though Now let's take a look at some individual names first We'll start off with the big cap tech stocks. So start off with Apple as usual So Apple looks like it was trying to break that downtrend, but Looks like it feels so let me actually Matches up better when I draw like this, right? So yeah, Apple is still in this downtrend and if it can take out that 185 level Then I think it can be polished and you can see a bounce But yeah, if Apple loses on 180 level, then that would be very very bearish Then AMD, AMD looks like it's just consolidating if it can take out that 184 level, it looks like they're really good on setup But yeah, not much to say other than that for AMD. It's just consolidating between the strange over here Let's take a look at Google So Google is also similar to Apple currently in that downtrend right now, but not too bad Looks like it wants to break out of this downtrend soon. So we'll see what happens. It's forming like a longer trend flag over here Overall Google looks pretty pretty good out today Yeah, it's just consolidating if they break out of that Resistance level and bounced off and it got closer and bounced off again. Now we're just timing up Be a few more days of consolidation and then a big breakout or a big breakdown Let's take a look at Meadow. Meadow is acting really really well Did have a nice breakout on Thursday. This was a nice flag set up and then cap up and go on Thursday So overall Meadow looks really really good as well Microsoft Microsoft also I was thinking this would be a short play if it lost that 403 level and it was working And then on Thursday got up because I've been media and then I actually ended up filling this gap So was he what happens now if they close this cap now? But yeah overall Microsoft looks okay Netflix also had a very very strong Very had a strong bounce here and then it consolidated and then had a gap up again And then on Friday put in a consolidation bar. So it takes out that 591 level then looks good And media had very strong earnings report Huge gap up and then very strong close on Thursday and on Friday. It looks like it hit that 800 level pretty much Got sold into but overall and media looks very very very strong. This is the true market leader for sure and Then last but not least for the tech big cup tech names take a look at Tesla Tesla is actually consolidating here pretty nicely. So it breaks down like 200 level This is a very good long play in my opinion and the target would be 207 So this one looks actually it's actually looks pretty decent I like that flag that it's building and I think it looks ready to break out next week So this would be a bit a short-term trade Now let's take a look at some individual names. I'll start up with a BNB here BNB Airbnb is looking pretty good here. It's starting to form a flag. So this can tighten up just a little bit more This one looks really really good And also looks really good on the weekly charts. Well Really nice base in this looks like it's trying to break out of this base now So overall very very good action from Airbnb I have this another one pop looks like it's ready to break out here as well Let's testing that 58.5 level. So if you can take that out, then this one looks like a very very good long set up ARM this one also is consolidating very very well The 135 level was key. So if it takes that out, then this looks like a nice long setup and right now It's just consolidating between these two levels, right? So Yeah, you can take out 135 136 looks good. And then Yeah, the support is at 117. So if it loses that then this would be short over there But yeah, it's pretty much effort on Cart had a very very strong breakout this week This one was showing relative strength all week long and I like that volume increase in volume look at the volume over here And look at the volume here, right? So that's some clear sign of accumulation going into the stock So this is one that you definitely want to pay attention to CLSK, this is probably one of my favorite setups for next week really nice move right very very strong move off the lows Went from six eight dollars to 19 a very short period of time Big volume and now starting to consolidate those sideways here and if put in that inside bar here So overall it looks really really good. And I think yeah, it's a very good long set up over that 17 And five level and coin is similar a very very strong rally pulled back in and now it's from the low flag So if it takes our 170, I think it's ready for a bounce that's a go Havana had a very strong gap up, but it got faded into overall still looks really really good Yeah on the weekly chart looks great and clear so I broke this big resistance level and Then so this was the base and then it finally broke that big resistance level and yeah, it looks pretty solid So this is definitely one that you want to keep an eye on But this one has been acting really really well recently Let it form with a little slide here and then it broke out on Friday So this one's definitely a top watch going into next week I also really like this one cuz look at that weekly chart It's been basing for a long time and just now it's starting to break out here And really really strong volume on that break out. So this one has a lot of potential This one can easily double or even triple a short period of time Next up, let's take a look at oh and oh and this doc is starting to build like the right side of its base here String to form a little flag here. So we'll see what happens But overall this stock is acting pretty well, and it did take out or yeah, it did take out that 31.57 resistance level so overall this stuff looks pretty good and it's building that right side of the base Shark this is another earnings gap up that's also been acting really well recently From the nice flag and then broke out Friday not the best clothes But we'll see what happens next week. I have a feeling that this one is going to continue moving higher And I really like that volume Yeah, really strong volume bar on that earnings report. So that looks really good SMCI this one's still consolidating This one had a very strong gap up on Thursday because of the video and then on Friday gap down again So this one's just it's very very tricky to trade right? So I think ideal situation from some sort of flag those sideways for a couple of days and then we'll see what happens Until then there's no trade set up on this and then ask you this one's similar to a pro bono I had a very strong gap up not the best clothes at all, but this one has potential Starting to yeah build that base, right? So this one you can break the 81 level then has a lot of potential for sure But yeah, that's pretty much all I have for this week And if you guys are interested in any mentoring check mentoring sessions Always feel free to DME and we can do one-on-one mentoring sessions Yeah, if you guys have any questions always feel free to DME as well. And yeah, I hope you guys have a great weekend Thank you for tuning in There's a reason why x trades is currently the fastest growing application on the market for sharing financial ideas With over 2.5 million dollars paid in the last two years to contributors Users are flocking to see what trades the top traders on the leaderboard are sharing in real time If you're looking to grow your reputation as a trader on the internet or discuss your trading ideas with other reputable investors Click the link below and get connected with a trading mentor today completely free of charge