 You guys just decided from x trades back with another weekly analysis video start off with the indices as usual Take a look at SPY first so really nice bounce off that 427 level this week and No, we got a pretty nice rally, but really weak close. So let's take a look at the daily chart again So yeah, we had a really nice rally and we were flagging here nicely But on Friday we did give back a good amount of gains So not the best action, but not bad either. So if we take out that this mini trend line here There's a very good chance that we could Continue to see the next leg up. So yeah, we'll see what happens next week, but overall not bad action Let's take a look at QQQ Go to the weekly chart first So QQQ is building out this bigger Bull flag here so that this is good action and it tried to break out The 370 level and it tried to break out of the bigger bull flag, but it failed here. So that's not great But let's take a look at the daily chart Definitely a bigger pullback here, right? Not as orderly So there is a mini bull flag forming here Move these So there is still a mini bull flag forming here and if it can take that out that would be bullish But right now it looks more like we're back in this chop range But if we take out the 370 then I would definitely be bullish on the market But yeah, that's pretty much what I got for the indices and now let's take a look at some big cap tech stocks Start off with NVIDIA NVIDIA rejected 470 and we had a really nice rally and then it rejected 470. So that's Yeah, Friday was really ugly pretty nasty pullback to collect the weekly chart weekly chart looks fine Looks like we're just consolidating between this 430 to 470 range. So No big deal. It looks like It could just go sideways for a bit longer Or if we take that 470 level out, then you definitely want to be bullish on this stuff But yeah, that's NVIDIA next up Amazon Let's take a look at Amazon's weekly. So Amazon weekly trying to reclaim this uptrend level I tried to reclaim it but ended up closing below. So that's not a good sign. Let's take a look at the daily chart Let me let me remove all my lines on Amazon So Amazon definitely has a key support level over there Definitely resistance around there and there's definitely another level over here. So 131 is where it tried to hold and then it ended up closing below that on Friday, right? So there's a gap up here So if it can reclaim 131 then then then we have room up to 135 and if we can Take out 135 then we got room to 142. But yeah, these are the key levels on Amazon next up Apple We would move everything as well for Apple Try new lines because it's been a while. So Apple definitely has some timeline resistance here Let's take a look at some price levels definitely has some support over there and another level around this area Let's see what else does Apple have and really not that many levels Ask that. Let's say there's one level here And then another level at the top Yeah, these are the key levels for Apple. So Apple tried to break out at that trend line Touched it and then rejected but if it can consolidate and hold above that 180 level this would be bullish action and Yeah, I would be bullish on Apple as long as they can hold that 180 level. Yeah, that's what I got for Apple next up Tesla So Tesla is forming this really nice bull flag here Formed a nice bull flag and then broke out but failed And now it's just back in consolidation. This has earnings next week. So definitely don't be trying to trade this But yeah, we'll see what happens Really nice weekly bull flag here. So it was you what happens with Tesla Next up Microsoft Microsoft has a nice Bull flag forming on the weekly chart. Let's go to the daily chart Tried to break out of the bull flag and it actually did close above the bull flag So that's a big positive for sure. So Microsoft is holding up pretty well, actually If it can take out that 333 level then very good chance that we could see a move back up to 344 So yeah, Microsoft's holding up pretty well here Next up Meadow Meadow had made new 52 week highs last week. So very impressive action Yeah, new 52 week highs here and they pulled back in pretty hard on Friday, but Overall still still good action. So let me redraw my levels Definitely key resistance over there and there was some resistance over here and I finally broke out I was pulling back in again But yeah, these are the key levels for Meadow So key support is 307 and key resistance is 326 and it could just chopper on here for quite some time So we'll see what happens and there's also trend line forming New trend line forming around here. So Yeah, overall Meadow is acting really well and it's yeah, I think it's the only big cap Text up to make new 52 week highs last week. So definitely very bullish on Meadow No way Google actually also made me 52 week highs, but yeah, let's take a look at Google So Google has key resistance level over there. Google is actually acting a lot better recently Key support level over here key resistance over here and it's trying to hold that 139 level So if it can't hold that would be very bullish and if we can hold that 139 level then next support would be that 145 ish and then all time highs back at 150 so Google is holding up really well here And it's actually still holding up. It's It's made it's still holding its uptrend. So really good action here in Google Yeah, next up we'll take a look at AMD AMD has been forming this really long bull flag here and It's trying to break out Let's take a look at the daily chart So yeah, I tried to break out but it failed So this was a little flag that was forming And it got rejected pretty hard on Friday, but still holding up relatively well If it can take out that this mini bull flag, then I would definitely be bullish on AMD But overall it's acting pretty well Netflix so this one's acting really really Bad it's been yeah, it's been really weak recently So this is the one that if you're looking to short a big cap tech stock, this would be the one It's acting really weak, right? But yeah, Netflix has room. Let's see see where the next level of support is for Netflix So definitely keep resistance over there. There's some support over here I would say support level 319 and then another support level would be around that 345 ish So yeah, Netflix has room down to 345 and if it forms a bear flag, then this would be a good opportunity to short down to 345 Yeah, that's it for Netflix And now let's take a look at ARKK, let me remove this alert So ARKK is looking pretty pretty bearish here It has that 37.6 support level if that gets taken out then it could go a lot a lot lower And they rejected that 40 level earlier this week. So that's not good at all Let's take a look at the weekly chart. Yeah, if it fails to hold that 37.66 level has room all the way down to 35.75 ish But yeah, ARKK still looks really really weak here And yeah, it's having a lot of trouble holding scram But yeah, that's pretty much it for the big cap tech stocks and growth names. So growth names out still here looking pretty bearish here. So Yeah, now, let's take a look at some of the best the stocks that have been holding up and the best opportunities for next week Um, so to start off. Well, let's do crad strike This is a name that I talked about last week as well but this name has been acting incredibly well really strong breakout last week and Really nice follow through and now it's forming a really nice flag here Look at that volume up volume and on the down volume very light volume. So this is very very good action um So ideally you want to see crud strike consolidate for a couple more days and then form a bull flag and then this could be a top watch but yeah Palantir very similar Really nice breakout and now it's starting to form a flag here And if it breaks that flag, it could be a viable setup But um, yeah, Palantir, um It's looking really good here And ideally it breaks that trend line Next up acmr. So this is a semi conductor name This one has been acting really well all year long Really nice rally starting from like made til now And yeah, this one's been acting really well clear resistance at that Eyes the 19.7 level and that $20 psychological level. So definitely a lot of resistance there But the reason I really like this chart is because it has a lot of nice accumulation volume So look at those big skyscraper volume, right? That's that's a very bullish sign um And yeah, it's been holding up really well recently and I think it has a chance to make a big move But yeah, that's acmr and next up nvo speaking of big volume. This one has skyscraper volume This is a sign that institutions are loading up into this dog This dog's definitely one that you want to pay attention to this one does trade really funky It gaps up and gaps down But uh, yeah, really really nice volume here This is a clear sign that institutions are buying this dog And the weekly looks great. It broke. It's making new 52 week highs and it's been trending for quite some time now and stocks that tend to trend continue to trend. So This is the stock that was definitely one that you want to keep your eyes on Next up lly. This is another stock that had an incredible run this year And uh, now it's starting to uh, emit a really nice snapback rally from this pullback Really strong rally and now it got to menu to highs and now it's starting to pull back here and get extended So you want to see some sort of consolidation And uh, yeah, that 600 level could be a good buy the dip area Um, and also really nice volume on that push up and last but not least k and f So this is a new ipo stock Um, we made a really strong run and then formed the flag here a really long flag Uh Yeah, really long flag here And then it broke out and now it's been consolidating for quite some time And now it's forming a really nice uh flag set up here. So right under that 53 second, uh resistance level It's forming a really nice flag here. So this one looks like a top watch as well. Yeah, that's all I got for this week Thank you guys 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 the trading mentor today completely free of charge