 Hey guys, this is Hydro from Xtraits and I'm back with another weekly video and Yeah, this week was a pretty significant one and yeah, I'll go over the general market Overview and why I'll go over why this week was significant and I'll go through top tickers that We should be watching for the upcoming week So to start off as always we'll go over the indices wall. So we'll start off with SPY and QQQ So pretty significant week for the SPY We finally are trying to reach this 418.5 level and Yeah, we've been consolidating for what one two three four four weeks and this week We were finally able to break it or touch it at least and not the strongest close, but really good action Overall this week, right? So we were finally able to break it on Thursday and then on Friday we put in a consolidation bar Which is perfectly normal action and right now it looks really really good for the bulls Yeah, this is perfect action what what you want to see for bulls and Next week we want to see maybe a little bit more consolidation hold this 418.5 level and then Continue to push up and make another leg up. But right now the SPY looks really really good here And the next target would be 430 Yeah around 430 Yeah, overall it looks pretty pretty good here So we'll take a look at Q's So again QQQ's doing Denominally well right really really nice break out last week and it actually had four updates in a row And then on Friday I put in a consolidation bar. Yeah, this is just really really good action Bulls have been holding up really really well and very Watch the weekly. Yeah, they've been able to break out of this 331 level very easily. So yeah, this is looking really good for tech in general because Yeah, the big tech has been holding up really well, but recently road stocks have also been performing pretty well and They'll go more in depth in that later on but right now You have really good action for QQQ and tech in general has been killing it the last couple of weeks Four up weeks in a row. So a really good action Let me check what the next target would be so again like SPY you want to see some more consolidation And then you want to see if we can set up for set up for another leg up So yeah, next target would be 362 so a lot of room to the upside here so there's definitely a lot of potential here and In this could be the start of the uptrend And the reason I say that is because this entire time we've been basing out and we're finally just breaking this This base this 331 level. So this is very significant. This is the first time that you actually made a higher high So yeah, really good action This was the downtrend that started forming in 2021 this is when we first broke it and Yeah, ever since then we've been in the uptrend But if we've if we actually break the space then it would be the start of the new bull trend or new New bull market. Yeah, here we go But yeah overall it looks really good and now we'll go into some of the big cap tech stocks start off with Amazon Amazon also had a really good week finally took out this one 13 level and next target would be 125 Let's go to the daily chart Yeah, Amazon had a really strong week really strong rally on Tuesday Wednesday Thursday last week Friday put in or it started pulling back and started pulling back a little bit But that's as expected But yeah, Amazon looks really really good here You want to see some more consolidation and then yeah next target would be 120 121.3 and then 125 but yeah overall Amazon looks pretty good only took out this one 13 resistance. So yeah, really good stuff brands on Next up we'll take a look at the do Microsoft Microsoft didn't have as big of a week, but Actually, I take that back Microsoft didn't have a pretty good week So Microsoft had a really big move on this week from earnings and then it consolidated and very nicely for two weeks And then this week it followed through and yeah, this is really really good action we finally took out this 315 level and Yeah, now that we're we took this level out the only resistance level would be all-time highs So yeah, that's pretty crazy Microsoft has room all the way back up to all-time highs now and yet has no real Resistance and is acting really really well Put it in a Inside bar on Friday. It didn't even close or it did close right, but it opened it closed higher than open So really good action ultra supporting it even on a consolidation day They're really really good action for Microsoft and this one looks ready to get back to all-time highs Yeah, really nice really nice action Next up we'll take a look at Apple Apple looks pretty good here as well took out this 175 resistance level and We should see a lot of Resistance around the 180 level so might take a lot to move Apple now since it already made such a big move this year, but Yeah, it's nearing it's all-time highs right so we should see more resistance and Some more consolidation would be good had a really strong uptrend So I'd expect a couple of weeks of chop and then we could be we could see a big base breakout but overall looks really really good and Yeah, major resistance at 180 181 level Next up we'll take a look at Tesla Tesla finding started turning back up this week good action So yeah, I finally retook this 177 level which has been struggling to do the last couple of weeks But finally did that now We could see another uptrend start so it took out this downtrend last week and Yeah, now we can see an uptrend finally start again for Tesla first resistance level would be Would be around this 189 or 190 level and then second resistance level would be around 207 There is also psychological resistance. So like 200 But yeah, those are the key levels for Tesla, but right now Tesla looks pretty good And I think we can see one 190 easily for next week Next up we'll take a look at Google Google has also had a really nice breakout the last two weeks really really strong breakout Yeah, really strong with the last two weeks finally took out that 120 level and Yeah, from here has Has some resistance around 129 and then from there it can get back to 143 and then all-time highs. So yeah, Google has a lot of room up here Or a lot of room to continue moving forward here, but really really good action from Google Started getting extended on Friday. So pulled back in but overall really really strong action from Google You want to see some more consolidation wait for some sort of flag to build and it would be a good setup to take for another let go Take a look at Meadow Meadow is also shaping up nicely here finally took out previous highs And I was consolidating right there. So this 244 level could actually be a really good buy the depth area and Yeah, 244 would be there you to buy and next next area of resistance Would be 256 and then after that 295 and Then from there it can get back to 340 a and then all-time highs So yeah matters should I think matter has a very good chance to see in 256 the next week And then we should see some more consolidation, but right now this looks really good I think 244 would be a good area to buy and Ride to 256 and then sell take profit for some more consolidation See if it forms a flag again, and if it does then you can take that setup, but right now matter looks pretty good as well Next up we'll take a look at Take a look at Midia everyone's favorite and Midia had a really really strong breakout last week They're with no weekly bar really really good action From here it has room all the way back up to all-time highs really Yeah, it has yeah has no real resistance here But it's getting a little bit extended so you want to see some consolidation form after that consolidation forms then You would want to see if it forms a bull flag and then buy on the bull flag And then yeah, this has room back to all-time highs. So they're really nothing to say for any video But this does have earnings coming up on by 24 So watch out for that AMD same thing as Nvidia but not as strong and video is already back to almost all-time highs while MD still still It's still in this first base, right? so MD also really good action that last two weeks really strong move but a lot of resistance at the 104 level So we'll see how it handles that currently it's doing really well Just they put on a consolidation bar and it closed above on the weekly chart above that level So we'll see if we can build some sort of flag the next couple of days We can just consolidate Put in more bars here and then break double flag and that would be an eight plus that Yeah, and he looks pretty good here as well Now we'll go over some of the tickers that Some of the growth tickers that have been acting really well the last couple of days So first let's take a look at ARKK ARKK. You can't really see much. It still looks like it's in consolidation, but If this level breaks then it could be a good buy setup 39.3 It's been it's been rejected multiple times right one two three here recently So if it takes that level out, it could be a good buy So yeah, that's it for ARKK now. We'll take a look at UPSD So UPSD had really nice Gap up on earnings then it pulled back in pretty hard, but on this day, it rallied really hard Really nice volume and then put in a tight consolidation bar and then from the little flag here and then on here It was a really nice breakout play But yeah for now you want to see you I think UPSD can easily get back to this 26th level and once it does that if it forms a nice flag right below it, then that would be a good setup to stop AI was another good one this week really nice move a really nice volume And now this one setting up the flag here So we'll see what happens with that, but this one also has earnings coming up by 31. So do watch out for that But if this one can tighten up more then this looks like an A plus setup as well And the AI theme is very strong. So this is another one Really really strong volume really nice move up last couple of days and I was starting to consolidate here So we'll see what happens, but clear resistance at that 9.17 level And if we can get some more consolidation, then this would be a really good setup as well next up tool This one also had a really nice breakout on Thursday Made you all-time highs for not all-time highs, but 52 week highs Then on Friday putting a consolidation bar. So also watching this one If it can take out that 152 level, then this should be good to go for another leg up as well Yeah, really good action from this one Volunteer this one had an incredible move last week So again, like UPSD strong learning scap up made a move Consolidated both the low flag here and this was the perfect buy setup So yeah on 5.17 would have been a good buy And then it followed through very nicely and then started getting a little extended So on Friday it did pull back a little bit, but still closed pretty strong and on the weekly You can see that if it takes out this 11.5 level x resistance would be 14.2 So this one has a lot of room up and again take a look at that weekly volume, right? This is this is a sign that institutions are buying. This is clear Uh, yeah, it's a clear sign that institutions are buying because look at these volume bars compared to the volume bars before They're like skyscrapers compared to the volume bars before so Yeah, clear sign that institutions are loading up into the stock once again and Last stock Take a look at uber Uber also made a really nice move on thursday And if it can take out this 39.25 level 39.5 and this one looks good for breakout Breakout higher again to break out higher again. Um, but yeah, but it looks really really good Very strong stock since that earnings gap up And that would say next resistance level would be Would be 44 And yeah, that would be a pretty good risk reward trade So yeah, those are my top watches for upcoming week. Thank you guys for tuning in and I hope you guys have good Next week. Yeah