 Hey guys, this is Hydra from Xtrades back within other video and in this video, I'm just going to be going over It's just going to be like a weekly review video Just going to go through spy qqq and then a couple of takers that Um, the most popular takers that were requested And then I'm also going to be going over some of the takers that I think are best setting up For potentially big moves in the coming weeks and months So first I'm just going to go over the indexes. So first we'll take a look at qqq So currently qqq is not doing too much, right? We're just we have a little uptrend for me Um, and we're currently test testing that we're at the bottom of the uptrend Uh, bottom of the uptrend uptrending trend line, then this would be like the channel um But yeah right now we're pretty much trying to build an uptrend here Um, and we're just slowly chopping up slowly grinding up higher But right now we're at the bottom of the trend line and if we if we break this to 79 to 80 level Then there's a chance that we could potentially go back a lot lower and potentially make me lose So this to 79 to 80 level is very important And we want to make sure that we're holding that for the bulls at least The bears want to see this break and then flush hard, right? So those are that's yeah, that's what the one possibility that can One possibility that we can see in the coming weeks and then for the For the long side we want to see We want to see this key level to get taken out So 293 if we can take this level out There's a good chance that we could rally a lot further And there there could be a lot more upside potential, but those are the two cases that um Those are the two scenarios that can happen. So we lose we lose this to 79 level We can go a lot lower potentially retest the lows We break out we get above that 293 level and there's a good chance that we could see Much larger rally. So yeah, that's pretty much it for qqq and for spy it's uh Second the charts loading So yeah for spy it's pretty much the same thing. Um, we also have For spy, there's a very clear um down trending Uh down trend trend line forming, right? And it's been forming since the start of 2022 And so far we haven't been able to break through that and if we do break through that there's a good chance that Um, this bear market could be over because again, this trend line has been trending for almost a year now, right? So if we can get above this trend line, there's a good chance The bear market is over and we can actually start a new uptrend And uh, yeah currently there has been a uptrend starting for like the There has been an uptrend for like the last three months. So since october since we bottomed We've been been we have been building a pretty nice uptrend, but currently we're below the trend So we could be breaking this uptrend, especially if we lose this 391 level There's a good chance that uh, we could go a lot lower again Same as qq if we lose this 391 level, there's a good chance that we could retest the lows But overall spy is holding up much better compared to the qqq for now But um, yes, same thing for the upside. So we want to make sure that we want to see a break above this trend line Um, and if we do that, there's a good chance that we could rally much further And i'm just going to go over a couple of takers that you guys requested First being apple So for apple there's not too much going on right now. Um, this entire year has been Pretty choppy for apple, right? It's just going up and down up and down super choppy action But recently we've been tightening up here and yeah, there's like a triangle forming here So we're tightening up getting tighter and tighter So i'm expecting a big move to come from apple within like the next couple weeks So yeah, we want to see If either of these trend lines if the price can break either of these trend lines in either direction There's likely that uh, we could see a big move from it. So yeah, we break this uh If we break this 140 level, there's a good chance we could go a lot lower And same thing for the upside if we break with this 148 level, there's a chance that We could go a lot higher, right? So those are the two scenarios that we have to look out for apple And uh, yeah, that's pretty much it for apple next microsoft So microsoft is holding, um It's holding, um It's been down trending all year long where apple was going sideways. So microsoft is actually a bit weaker But it's actually starting to form a nice base here. So Yeah, we bought them in uh, november and now we've just been Going sideways for a while now and um, yeah microsoft doesn't look too bad, right? So this key level is 250 or 251 If we can break that and successfully hold for more than a couple days Like here we broke it but we came back down pretty quick, right? So you want to see a break and hold and then continue higher and there's a good chance that Microsoft can go a lot higher. So there's also a little bull flag forming here for microsoft So a little bull flag forming and if we can take this bull flag out take this 251 level out again That I think there's a very good chance that microsoft can see higher prices and Good target level would be 268 Yeah, 268 269 Next sticker we'll go over metal So this dog's obviously a lot weaker than Microsoft and apple, right? It's just been gap down after gap down first gap down here another gap down here now. It's trying to Trying to get a gap fill but Overall the stock is just super weak and it's not a stock that you want to be Looking at right now at least for the long side if anything this would be a possible short or just I personally won't just wouldn't touch the stock I think there's better stocks to trade out there like microsoft microsoft has a super clean setup There's just no setup here for Matters just chopping around now Get no clear resistance or support level I would say this is a Pretty good level if we can get above 123 then maybe there's a chance we get back to 172, but again, this is just Really choppy, right? This is a chart that I personally would want to avoid but here the key levels for Yeah, metal next up amazon So amazon's been extremely weak as well. Um, yeah, it's just been down trending for since august Yeah, there's not too much to say about amazon It's one of the weaker stocks compared to microsoft and apple It's actually weaker than meta right now too. It's still very close to like it's all time or it's 52 week close And yeah, right now. It's not doing too much here If this 88 level breaks, then it would be a good short But um, yeah, I wouldn't even try to long this stock just because it's been so weak Yeah, I just just a lot better stocks to try going um on the try going to Try buying for the long side Um, yeah, this this stock just it's way too weak for me and it will be a hard pass But if anything, I'll I'll be looking to um short this if it gets below that 88 level or gets below that Yeah, this day is slow. So that's 87.5. So that would be a good short entry Next up tesla so tesla, um Had a good friday was up 3.23% on the day when most stocks were down So tesla was showing some relative strength on this day, but uh, tesla is also still pretty weak. Um Yeah, this stock and these are the key levels for tesla There's a good chance that we could see 151 151 is a major um, it's a major support level from for tesla from a while ago Let me show you on the weekly chart Yeah, so 151 was a major resistance level before and this could be a major support level now But that's a important level that we want to look out for and tesla again This is also just a major downtrend until we get above this upper trend line um, there's just It's just not worth longing tesla unless you're looking for like a reversal play, but um, it's just the very weak stock right now similar to amazon and uh Something that i just wouldn't touch But um, yeah, you're the key level for tesla Next up is uh, netflix. The netflix is actually one of the strongest stocks here. Um, it's been So it bottomed out all the way in like may june June time and now and then it was uh consolidating for quite some time almost three four months It was just building a base and then it finally got a nice breakout Now it's just getting tighter and tighter and it's building a really Long flag here and uh, yeah 331 is the main major resistance level and I think we're getting hit hit that very soon and Yeah, we'll see what happens when we get to that level if we consolidate and then build up higher than the next target would be 396 or if we reject then there's a good chance that we could come back to Um, the lower trend line or if we if we if we end up dumping harder Then we can even revisit this to 47 level for overall netflix is up trending right now and it's been Yeah, it's been showing a lot of shrink through recently and it's it's it's one of the stocks that's been acting the best Um, but yeah, that's pretty much it for netflix Um, and a couple other stocks that I think are acting really well right now is first being Celsius So this stock is at all-time highs while a lot of other stocks are like struggling So this stock obviously has a lot going for it. There's a many Masters have to be buying the stock up for this stuff to be near all-time highs, right? When the entire market is crumbling apart. So this stuff obviously has something good going on for it and it's a stock that you want to pay attention to and um, yeah overall, it's a very choppy stock, but Uh, it's hard to trade But it's been setting up pretty nicely here. So Around this 119 level could be a good breakout play and it could Hold off for there from here and it's a stock that yeah, I'm just paying attention to right now Building a very nice uptrend Um, but yeah, that's pretty much it for Celsius another stock that's been acting well is aso So this stock also Almost near all-time highs and this stock's also been acting really well had a nice volume day, uh, just this week and it's been It's finally breaking this big base that we've been building up for like almost. Yeah over a year now So this was the base really nice weekly chart So it's trying to break out here and then formed the little flag And then last week, uh, we we were finally able to break out and there's a good chance that Um, this likely continues, um further up. So yeah Here's like the cup And this is like the handle and then we were breaking out Last week and we also had nice volume on this candle. So that that's also a positive But yeah, overall the stock looks really good. And I think it has a lot of potential Um In the coming months. Yeah and then Last stock we'll go over is uh, chewy So this stock is also another growth stock that has been Basically beat down since uh, since yeah since 21, but this is actually starting to so should so So show Some relative strength lately. Um Yeah So it's tested this uh There's a good chance that we could see a pretty nice move if we can get above this 40 45.6 level. So yeah, it's been acting really nice here. And this is just a really nice setup It's been consolidating for almost a couple weeks now And if we can get above this 45.66 level, there's a good chance that we could Break out a lot higher and potentially go all the way up to this 52 level And uh, it could be a really good short play as well If we break this 39.9 level Then there's a good chance that we can come all the way back down to this 32 level But um, yeah, chewy is a pretty pretty nice setup It's very clear exactly what to do and it has nice targets And it would be a good risk reward ratio Regardless of which direction you want to play this at but um, yeah overall Chewy said gets it up to look out for for the next couple of days weeks But yeah, that's pretty much it and yeah, thank you guys for watching