 Hey guys, this is Hyder from Xtraits back with another weekly video and in this video We'll start off with indices as usual. So let's take a look at SPY and QQQ So SPY is still holding its up trend really really well Take a look at the weekly chart So yeah on the weekly chart the trend is still holding Everything looks good this week. We did end up closing a little bit red But overall still a very very strong uptrend and You know, we've been up for one two three four five six seven eight This uptrends been red We have been an uptrend for nine weeks now And then we also had a previous uptrend for quite some time and then had a Couple weeks of consolidation and then another strong breakout, right? So I think I think very good chance that the chances of Seeing a pullback are very likely here Especially if we start to lose this trend line here. So I am watching out for that So yeah, if we lose that trend line I think there's a very good chance that we could go all the way back down to 500 and then potentially even gap fill and Hit that 497 level, right? So that is something that I'm watching out for. Let's take a look at QQQ So QQQ same thing Let me try the trend line something like this QQQ's trend line is not as clean as SPYs, but same idea, right? If we lose this trend line, then there's a very good chance that we could pull back in more and On QQQ, we did have a pretty ugly reversal on Friday With an increase in volume, right? So that's not a great sign But I think there's a very good chance that we'll pull back to 433 at least and then Potentially get the all the way down to 425, but we'll see what happens I think there is a chance that we are gonna have a short-term pullback But I think long-term we are in a very very strong bull market. So wouldn't get too bearish I think if anything, this is just gonna be a normal correction and then we're gonna continue higher, but It doesn't matter what I think or what anyone thinks, right? You have to take it day by day and adapt to market conditions as they are continually changing, right? But yeah, now let's take a look at the big tech names Start off with Apple Apple looks ugly here Looks like it wants to retest that 168 level. So we'll see what happens, but Apple doesn't look too great here It did also gap fell on Friday. So Yeah, Apple doesn't really look great at all and I think it wants to go lower here Indeed, Indy had a very very ugly reversal on Friday and this one looks very extended now And I think there's a good chance that it's gonna pull back in And it could potentially fill this gap as well Next up, let's take a look at Google So Google has been pretty sloppy this year Did try to get a nice bounce this week, but not the best close on Friday and Think for now, we're just gonna be stuck in this chop again for quite some time So until we break that 139 level, I wouldn't get bullish on Google and until we drop Until we lose that 126 level. I wouldn't get to bearish Next up, let's take a look at meta So meta is still acting really really well. It's just basically uptrending Had a nice few weeks of consolidation and then it's started to form a new uptrend So meta overall looks really really good Yeah, not much else to say for meta. It's just been acting incredibly well Microsoft Microsoft's also acting pretty well. It hasn't seen too much of a pullback. It's pretty much just starting to go sideways here. So That's pretty good action considering the run its head in the last year or so. So overall Microsoft is acting pretty well had a nice run here and then it's all dated and now had another nice run and now It's been solidating again. So overall Microsoft looks pretty healthy Netflix, Netflix also acting pretty well. It's pretty much just Forming some sort of like bull flag here. Netflix also trending very very nicely. I'd say this is how I would draw the uptrend But yeah, Netflix also similar to meta had the big gap up and then it's just slowly grinding higher Meta same thing big gap up and slowly grinding higher Nvidia had a pretty nasty reversal on Friday and big increase in volume So this definitely looks very very extended and I think we're gonna pull back a lot more And I think there's a very good chance that we'll see this gap though and then Yeah, we'll see from there, but I think Nvidia is ready for a bigger pullback now and let's also take a look at Tesla So Tesla looks really really weak here Looks like so it had a big move down and then formed a bear flag over here Right from the little bear flag and now it's following through to the downside So I think Tesla looks like wants to make a move all the way down to 159 levels. So yeah, I would say definitely avoid Tesla looks really really weak But yeah And we'll take a look at growth names. So ARKK So ARKK is acting pretty well. It's pretty much just flagging here, right? It looks like he really wants to take out that 52.5 level and if it can do that then there's a very good chance that we'll see a good rally But until then I wouldn't get too bullish Yeah, we really need to see that 52.5 level break and if we can do that then we look pretty good But yeah, overall, it's been acting well. It's been going sideways for quite some time. So Overall good action from ARKK IWM same thing It's been acting well. It's starting to uptrend here, right? And on the weekly chart we are breaking this big base and we're moving higher to that 213 level So we'll see what happens, but small caps are definitely starting to act a little bit better at least Now let's take a look at some individual names that look good for next week Start up with Kava So Kava is a new IPO name It IPO'd last year so not that new but still relatively new name this one formed a really nice base here and It formed a nice bull flag here and then it broke out last week So this one was a really good setup and still looks really really good So this one's definitely a top watch for the coming weeks Coin continues to act really really well. This one had a really nice bull flag set up and broke out I mentioned this one last week as well This was the top watch and had a really really nice move off that Next up hymns, so this one This one got on my radar because look at that volume, right? It's insane volume When you see volume like that that's signed that institutions are loading up into this stuff and I think that's exactly what happened So hymns formed a really nice bull flag here and then on Monday broke out very strong bar and That's pretty much flagging again now here. So we'll see what happened to put This stock is incredibly strong and should definitely be on everyone's watch list Hood hood has been acting Really really well. This one had a strong breakout out of fifth base and ever since then It's just been slowly grinding higher and higher and the starting to form another it did form another flag last week Not the best flag, but pretty much broke out of that 16.5 resistance level and Yeah, it's acting well so far, but more Sideways action from this name could be good Yeah, overall hood is definitely one that you want to watch. It's also they also do have the holding sale. Yeah Lift lift is another one that had a very very strong breakout huge volume And it's trying to break out of this base. So this looks really really good So yeah lift had a nice bull flag forming and then it broke out on Wednesday and not starting to form another flag here So if this definitely a top watch here looks really really good. I would really like the volume Yeah Then also take a look at monster. It's a monster This name is way way too extended now, but this one had such a nice rally off that 700 or this setup right was it $700 so pretty much doubled in such a short period of time So this one's way too extended now, but this is definitely a name that should be paying attention to and Yeah, it's very very very strong Also take a look at Palantir Palantir has been acting well ever since that strong earnings gap up It's just been slow grinding higher pretty much like what formed the flag here failed and then It finally broke that 25.5 level on Increasing volume so really good action there and now it's just starting to form a flag here. So So more consolidation from this name could be good And then SG this is a name that not many people are talking about but should definitely be on the radar Really big earnings help up really big volume, right? This one's just been acting incredibly well ever since It's been slow grinding higher and higher. And yeah, this is definitely another top watch and it's actually forming a little flag right now and SMCI says everyone's favorite stock SMCI looks like Has some resistance at that one six. Yeah, one Let me just draw So it has resistance around that one fifty eight level So if it can take that out, it looks good, but on the weekly does look a little bit stretched But yeah, the stock has a lot of potential a lot of power in it. So Right now I definitely wouldn't buy because it looks a little bit too stretched But this is definitely another aim to definitely keep an eye on But yeah, that's pretty much all I have for this week I think the key thing for next week is to make sure that you're not buying extended names And I think the market looks like it does want to pull back so you really want to be careful and be very selective with the names you're buying and Also want to look to the downside for any place I think Tesla looks like a very good short set up but yeah That's pretty much all I have for this week And if you guys are interested in one-on-one mentoring feel free to DM me on discord But yeah, that's all I have and have a good have a great weekend. 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