 Hey guys, this is Hyder from Xtrades and in this video We're gonna recap what happened last week and then we're gonna see what are the best setups for the upcoming week So as usual was we'll start off with the indices so spy in QQQ Take a look at spy first Let's go to the weekly view first So on the weekly the uptrend is still holding so this is the most important thing, right? The uptrend is still holding so I mean the trend line is still holding so we are still in an uptrend But that 444 is definitely a key resistance level Rejected here once rejected here twice or consolidated and then it broke up But now it's trying to test there now has to get back above that 444 level again. So that is Major level of resistance so Yeah, Friday we we went down all the way down to like 435 434 36 ish But we did form a pretty nice hammer and we did that on Increasing volume so that is a good sign and again nice bounce off that trend line but So right now it could just chop until we get closer and get tatter and tatter But the key Levels are for for us to be back for me to be bullish on the on SPY. We have to take 444 back and for me to be bearish and If we lose that We lose 436 I'm gonna be bearish and if we take over 444 then I'm gonna be bullish and then until then I think there's a good chance. We're just gonna chop around. So that's pretty much it for the SPY Now we'll take a look at QQQ So same thing with QQQ it's holding up that trend line really well and the same thing right so that 369 or 370 level is a key resistance level if we can get above that then I'm bullish and if we lose That 361 level and I'm gonna be bearish, but yeah, that's pretty much it and until then we just chop around But again QQQ also formed a nice reversal candle And I did that on an increase in volume. Let's take a look at the weekly chart Yeah, not much to see but that 370 level is definitely resistance, but we did bounce off that trend line So yeah, and I think I think if we control there for a week or two, there could be some good opportunities coming and You know, overall, I still like the market and as long as that trend line is holding then I'll continue to be bullish and Now we'll take a look at the big cap tech stocks first up Apple so Apple is currently consolidating So it's in between that 181 and 177 level bearish below 177 and bullish over 181 pretty simple here But Apple is actually forming a pretty nice flag here So if you can take that flag out on Monday, that could be a buy signal, but yeah Apple does look pretty good Let's take a look at the weekly nice bounce here And yeah, I think we take that 181 level back then that would be a really big positive for the market next up AMD So AMD on the wiki looks pretty bad still it's still below that 107 level. So that's definitely not a good sign And I'm gonna see on the daily. Let's just go back to the weekly So until We can take out this trend line AMD is definitely a do not touch There's also an uptrend here AMD did break the uptrend, but I think that's why I removed it But yeah, AMD is currently definitely very bearish here and I would not touch it would not advise going along on this stuff Next up Amazon Amazon's Yeah, Amazon's still holding up pretty well here I had a really nice bull flag here and then broke out and now it's forming another bull flag and so far It's just been consolidating so perfectly normal action and not too much to see on the daily it could potentially gap fill but it is holding up pretty well nice hammer on Friday and Take a look at the weekly chart again. The uptrend is definitely holding So not too much to be concerned about has a lot of room so it can pull back still and still be above that uptrend or trend line so Yeah, Amazon's holding up pretty well, and I think a week or a week or two Market or a week of consolidation or two would be enough for it to flag properly and then break out again next up Let's take a look at Google So Google actually tried to break out this week so very bullish But it ended up being a failed breakout just because the market was so weak But that's understandable, but Google still is holding up incredibly incredibly strong. So Yeah, Google has been showing relative strength the last couple weeks hasn't pulled back at all It has pulled back, but it's a very orderly pullback and yeah, it looks really good But I think a Google has a good chance of seeing that 136 level soon Next up meta Meta is still below that trend line so that is not good but That 289 level is a major resistance level for meta so it has to reclaim that his AP and If it does that then we could consolidate chop around or be bullish But under that 290 level definitely wouldn't want to be trying to be bullish on this stock But yeah, it's pretty much a different Meadow next up Microsoft Take a look at the weekly chart so Microsoft is also below that trend line It tried to retest it and reject it pretty hard and that 325 level is definitely a major resistance level So that's another thing that you have to watch out for let's go to the daily chart So yeah, the 325 level is key if we can take that out Starting next week that would be a good sign and if we can reclaim that trend line that would be even better sign but From there. There's there's room up to 344. Otherwise, you could just chop her on so those are the two possible scenarios and If it fails to reclaim 325 then it could potentially pull back to 309 But yeah, that's pretty much all I got for Netflix. I mean sorry Microsoft Next up Netflix So Netflix got a nice bounce off that trend line so that's a positive But it did fail to close below that or it close below that 420 resistance level, which is not great But it is forming a pretty nice flag here So we'll see if it can take that out and if it can take that out that'd be a pretty nice buy setup so just like Apple from a nice flag here, but Yep, ideally we want to take that 420 out 420 level out ASAP and then make a rally up to 448 Overall Netflix is holding up pretty well, and it's still above that trend line. So that's a positive Next up Nvidia the king of the market So Nvidia Nvidia reported earnings last week and it gapped up Yeah, it took out that 500 psychological level and it actually opened above that level But got faded all day long on Thursday and then on Friday It got faded faded more, but it did get a bounce at that 452 level So that is a positive, but the key levels in video are that there is that 480 level and then Support is at that 452 level. So that's what I see for Nvidia If it can take out that 480 level then it's bullish if it loses that 452 level then it's bearish And I'm told then could just chop her on for a while. It is also from the flag. So But overall Nvidia is definitely the strongest stock in this market 100% no doubt Next up Tesla So Tesla got a really nice bounce this week, right? It was really extended last week to the downside and then it finally got a really nice bounce on Monday And now it's forming a really nice flag here. So this is actually a top watch for next week Yeah, really nice flag forming and I think has potential to break out and make a move back up to So has definitely has some resistance at that 240 level and then after that Has room to 270 so yeah Tesla's definitely a top watch here if it takes out that 240 level room. It has room up to 270 But yeah, that's stick look at the weekly chart as well How much on the weekly chart, but You're breaking the downtrend Very steep downtrend, but it is breaking But yeah, the 240 levels. Well, that 240 level is key Yeah, that's pretty much it for Netflix or a Tesla and Next up we'll take her. Yeah, we'll take a look at your KK How close stops you're doing so the weekly chart looks like garbage, right? There is an uptrend Trimline here and it is holding actually did get a bounce off it but bounce off that this week Let's take a look so Very important trend line that's holding and then drive resistance So definitely has some resistance at that 44.5 level and Has it had support at the 41.75 level, but now that's turned into resistance Take a look at the daily chart So these are the key levels has to take off 41.75 ASAP and if you can do that then It would be back to bullish or it could just chop around But if it takes out that 41.75 level then it has room up to 44.5 But there's also again a chance that could just chop around in between this range but so far an ice bounce off that trend line and Yeah, but if we lose that trend line, then this would for surely be a good short set up but Yeah, now we'll take a look at some of the best stocks for next week So VRT I covered this stuff before and I'm gonna cover it again just because the stock is so insanely strong This stock is also in AI so has a good theme going for it and Yeah, it broke out on Friday and it's making new all-time highs and overall really good action I think pullback to that 36.4 or five level would be a good area to buy but Yeah, VRT is holding up really well So as all the characteristics of a big winner has that big gap up big volume consolidation and now breaking out really good action Next up up work also covered this one before but this one had a really strong rally on Wednesday And it's been holding up really well this entire pullback. So Yes, it has been joining a lot of relative strength and one that you definitely want to keep on your radar Go to the weekly chart On the weekly it looks like a nice bull flag farming It looks like it tried to break out this week but failed so more consolidation could be needed but yeah, this one's definitely a top watch and Really like the volume pattern here Next up we'll take a look at Fastly This was a big winner in 2020 or 2020 and Yeah, this one's finally starting to show some strength recently So here's the first uptrend line and then Also So it's forming a channel here Very clear resistance. So right now it is at resistance But if it breaks that resistance level and it could go it could make a really big move, right? So clear resistance at that 21.1 level and I think that would be a good area to buy but Yeah, so far really good action This one's been holding up really well compared to the market, right market pulled back But this one's just continuing to Yeah trend higher so overall really good action and this is one that you want to keep your eye on for sure Celsius next one So cover this one before as well and gonna continue covering it because it's acting really well Really strong gap up again really good earnings. This one just continues to have Good earnings right multiple gaps gap ups and gapped up here on earnings again for the last time as well So yeah, this one's the top fundamental stock but yeah, right now it's forming a really nice bull flag here and a few more days of consolidation and then this one can see a Pretty big breakout move has a lot of potential. It's a all-time highs and yeah It's been acting incredibly well, and I think it can go to 200 potentially Yeah, that's pretty much it for Celsius and then last but not least Havana to this one Yeah, this one's forming a really nice So this one's forming a pretty nice pattern here, right Very clear resistance level at that 41.5 level and very very clear support at that 30 7.75 level If it takes out 41.5 level out, then I'm looking to buy this stock next week Yeah, overall it looks really really good And also potentially breaking that downtrend line if it breaks out next week But yeah, this one is definitely a top watch and this one's like one of the biggest winners in 2023 so far So Yeah, definitely keeping this one on the radar. Yeah, that's pretty much all I got for you guys for this week Thank you guys for tuning in