 Hey guys, this is Hydra from Xtrade and in this video I'm gonna be going over a weekly recap and then Also go over the tickers that look best for next week So we'll start off with spy and QQQ. So with spy We're still clearly in the downtrend right every single time we touched this line We ended up rejecting and yeah this downtrend has been forming since the start of 2022 and We rejected it one two three four five times so far and now this is gonna be the sixth time so Yeah, we'll see if we're able to break out but there should definitely be or this is definitely a key resistance level and Yeah, we'll see how we we'll see how we act next week but yeah last week was definitely very bullish CPI looked good and Yeah, we just we're a little bit extended, but I think we could use some consolidation For like maybe Monday Tuesday and then once they break out but yeah right now Right now everything looks good here But yeah, we just have to watch out. We just have to wait and see if we can take out this long-term resistance line So for QQQ on pretty much the same thing again, we have a downtrend that has started since 2022 and And this one still has a little bit more room So that can get to like 284 to 285 level and then that's where it should see some major resistance But yeah, again QQQ acting pretty well again Along with the spy last week had a really nice rally and Yeah, clearly making higher lows here, right? So now we've bottomed in October and yeah, we didn't we didn't get we didn't get below this level we were able to hold it and that's a good sign and potentially there's a head and inverse head and shoulders warming or Head and shoulders warming. So this is one of the shoulders This is the head and this is the other shoulder. So yeah, potentially we could be bottoming here But again, we have to see if we can take out this long-term downtrend line But yeah, if we are able to take it out And I would say that we could be potentially starting a new uptrend and could be a new bull market And if that's the case, there should be many opportunities coming up in the next couple weeks So yeah, next we'll look at some individual names Go through Tesla first So bunch of volume on Tesla, right? This is what capitulation volume looks like and that could be happening for Tesla here So Tesla has been basing out for last two weeks so every time it gets to this 124 and 125 level it ends up rejecting but Yeah, it's holding up pretty well But if we can take out this 124 level then I think there's a very good chance that we could potentially squeeze and make a pretty big move pretty big move higher and if we do move up then I would say first the resistance line would be Around the 157 160 psychological level and then we can make a move back all the way up to 182 So this is a really good trade in terms of risk reward You could use a tight stop and if this trade works out then you there's a Big or a big reward because it could potentially squeeze the shorts here and make a nice move So yeah, this is one name that I've been looking at Next up we'll go through Nvidia So Nvidia's has been acting really nice So this one actually broke the downtrend line a while ago right in November last year and it's been yeah It's been building up pretty nicely We were trying to build an uptrend here But it failed then it pulled back to this key support level and now we're rallying pretty hard again So now what we want to see we can retake this 173 level and then consolidate for a little bit and then break out again So we tried to do that last time how we were consolidating right under the 173 level everything looked good We tried to break out but it failed. So we wanted to see something similar again we want to get to 173 consolidate make a bull flag and then break out and Yeah, if we're able to do that next Next target should be 193, but yeah right now Nvidia is looking pretty strong And yeah, you just want to you want to wait for some consolidation first before touching it Next up we'll go through Me oh I so this dog has been acting really strong last week notice the volume right this is This is much higher volume than the previous bars And this is a sign that institutions could be loading up into the stock and yeah, it's been It's been breaking this short term trend here We were able to get a nice squeeze so now we want to wait for some consolidation and then Wait for some bull flap to form and then this could make another leg up higher Yeah, this one has a it's forming a Yeah, this one is in a long base Yeah, the base started all the way in 2022, right? So if this one can consolidate and then break out There's a potential for it to make a pretty big move since it's been consolidating for almost the entire year So yeah, this one's been acting pretty well. You just want to wait for some consolidation and then take this trade Next one we'll go through EHR so this is one of the strongest stocks in the market, right? This one didn't even have much of a bear market had a little bear market Starting 2022 and then it ended really quick Compared to other stocks. So bottomed out in like May June or May July time and then ever since then it's just been on a monster run, right this stock Started out at $7 and now it's Hit $30 so 321 percent gain In a relatively short period of time. So this one's been yeah, this one's been acting really well and Yeah, recently just recently last week. It had a really nice volume search so again, this is a sign that institutions are loading up into the stock and Yeah, all the way from 17 it gapped up to 21 and then it went all the way up to 30 with pretty much no pause right three strong updates really nice volume And then it's consolidating on lower volume two days there, which is a good sign You always want to see stocks going up on higher volume and then Consolidating or pulling back on lower volume which is exactly what the stock is doing and yeah on Friday It tried to break up, but I would say it needs more time since it's made a really big move, right? So you want to wait for it to consolidate a little bit more tighten up and then this would be a a plus trade in my opinion and Yeah, this is one of the very few stocks that it's at all-time highs. So this is Yeah, a stock that you definitely want to be paying attention to and yeah We did take out previous all-time highs back in the 2021 which is a good sign. So this one yeah, definitely has a lot of potential and One that you want to keep your eye on again, you just want to wait for some consolidation let it tighten up and then Take a long trade on this one Next up we'll go through pins So this doc was a big winner in 2020 2021 and then yeah All year basically Started 2022 we had a pullback and then for almost like 10 months We've been building a really nice base here So this one has been showing relative strength as most as most growth stocks were going down This one was instead going sideways and consolidating and forming a really long base, right? So that's that's a positive and that's something that you want to see when you're When we're coming off a bear market and going into a bull market You want to find the stocks that are holding up the best and this one has definitely been doing that So yeah right now it's been consolidating a lot It's been very choppy and it's hard to trade but right now. We're currently under this key 27 level and yeah, we made a nice move last week and Now we have two consolidation bars and this one looks ready to go so formed a very Small bull flag, but that's all it needs to make another leg up higher So this is one that I'm watching currently and I think it can be ready to trade next week to take a trade on for next week and Yeah, overall, this looks pretty good Next one is ETS body so this one has also been showing a lot of relatives rank this one bottomed all the way back in the June-July time and Since then it's built a very it's made made a very very strong uptrend here and it pulled back This was basically one one big bull flag and Then it broke out again and then consolidating Consolidated pulled back and then made another leg up higher and it got rejected at this 140 level And then again another bull flag and now it's trying to break out again Yeah, we broke the short-term downtrend and now we're flagging in and we can see Yeah, similar to pins. It's a three-day flag, but that's all it needs and Yeah, we'll see if you can take this 135 level out. There. Yeah it's pretty much at 135 right now, but Yeah, we'll see if we can get followed through and make a move to 140 and this one also just like pins looks ready to take Trade on this week Maybe one or two more consolidation days and then it can take off but yeah, this one is another one that I've been watching closely and Then yeah, we'll go to China stock The China names have been incredibly strong, right? Really nice volume here on consolidating pretty nice Forming a nice flag here. So this one. Yeah Very nice break out very nice volume sign that institution start loading up And now it Yeah, it has it had to consolidation days and then on Friday it tried to break out But it wasn't a successful break out. They closed basically where it opened But you won't you typically on break out days you want to see strong closes So if it closed in the 14.5 range, that would have been The very strong by signal but right now It looks like it needs more consolidation again. It made a very big move. So very likely that this needs more time to consolidate its gains and Let the moving average catch up. So again, you want to wait for this to consolidate a bit more and then Wait for it a better bull flag to form out and then this would be an A plus trade Yeah, this one has all the characteristics of a big winner really big volume really nice price action so far Yeah, everything looks good here Then last one MSTR. So this is a Bitcoin name, right? This one bottom all the way back in May time and this been basically just building up this This triangle for the last couple months and Yeah, short-term drawn down and started all the way back in April and Yeah, I rejected one two and two times so far and then currently we are trying to break out and so far it's been successful But we'll see what happens, right? And off the lows it already made a sixty seven percent move, which is pretty crazy, right? So yeah, you want to wait for this one to consolidate There's some resistance around their support around the two or seven level so you want to see that level hold and That could be a buy off that support level or two or nine two or seven anywhere around the area It could be a buy and then as long as as it holds that level and consolidate above it And this could be yeah, this could be a big winner and run up to two eighty five no other resistance No real yet. No real major resistance to 285 level. Maybe some at 265, but Yeah, this one is another good risk reward trade like Tesla But yeah, that's pretty much it for this week. Yeah. Thank you guys for tuning in