 Hey guys, this is Hydra from Xtrades, and yeah for this video I'm just gonna be going over The most popular the most popular requested tickers for the week and then go over some tickers that I think are setting up pretty nicely That we should be watching for the weeks coming forward So first I'm just gonna go over the indexes of spy and QQQ. So we'll take a look at spy first So this week. It was pretty ugly week, right? We went Yeah, we touched We tried to break out actually we went all the way up to like four. Yeah, four ten when we close around 383 So not a great week So clearly the down trend has been broken this week and there's a lot of volume on so There's a lot of volume on this pullback, right? So I This is definitely not some typical pullback. This is more like This pullback pretty much killed the rally that we had right? We had a pretty nice rally starting from October and we were building up pretty nicely We had a solid uptrend and then this week. We just completely fell down Yeah, we just completely broke down and and we broke down on some On a rise in volume. So this is definitely not a good sign for bulls and Yeah, I think we should be looking for another move down lower to 360 level. I think that's very I think there's that's very likely and Yeah, so we did we did end up filling this gap here around 381 on last Friday. So that is We we did go all the way down to 381 and then we saw some buying coming So that could be a good sign for bulls Maybe there's 381 level holds and if so then there could be a long play if it can take 392 again So on watch for that, but right now this is looking pretty bearish for for Red days in a row. So it's getting a little bit extended here. So we might see some sort of bounce We could go all the way up to 391 and then get another rejection and then make another leg lower so yeah, that's pretty much what I'm watching on Spy and As I said last week we're still in a major downtrend and this week or the last week definitely confirmed that with a With the pretty ugly pullback So next up QQQ So QQQ is even weaker than spy like in terms of like for example spy rallied Spy rallied from 348 to all the way up to 410, right? That's 17.5 percent QQQ didn't even get that much QQQ got Yeah, QQQ got 16.3 percent, which isn't bad, but still relatively weak compared to this spy and Yeah, it's definitely not holding up well here Again for red days in a row and then we should be watching out for this gapville Gepo at 268 level so there's a good chance that QQQ can come all the way back down to this level and then we'll see if we can get a bounce off but again Big pullback rise in volume. So that's not a good sign for bulls and there's a good chance that yeah we're gonna retest this 268 level and Yeah, potentially we might see a bounce for like one or two days form some sort of bear flag and then Make the next leg down. But yeah, that's pretty much what I'm watching for both the spy and QQQ So next we'll go into some individual tickers. We'll take a look at Netflix first so Netflix had Netflix also broke down this week. So we were Netflix was actually acting really well the last couple weeks It was tightening up getting tighter Testing this 331 level which was a key resistance level So we tested that and then we rejected and then we actually gap down on Thursday And on Friday was just pretty much a consolidation day So unless unless we get above this trend line again And it could be something that you want to watch out for like on the long side Take out this 331 level tighten up then that would be a very good long play But right now it's setting up more to be a short play So if it takes out this 286 level or you can even look at this 280 level that's a major support level if it takes that out Then there's a good chance that this could go much much lower and potentially even visit 247 But yeah right now. I'm I would say Netflix looks a lot more bearish than bullish Next up Tesla So for Tesla here Tesla is clearly in again major downtrend, right? It's been going lower and lower for weeks now. It went from all the way up to 314 to 150 in just in just three months. Yeah. Yeah on three months So this already had a really big pullback and now we're at a key support level, which is 150 I think there's a good chance this level can hold not sure how long it can hold for but I think we should at least get a bounce back to like one sixties Yeah, I think I think there's a good chance that we'll get a bounce Maybe back all the way up to back to 166 at best But Tesla's definitely very weak right now. Look at that volume, right? a lot of yeah, definitely a lot of selling happened last week and Elon selling definitely is not helping the company at all and right now it's just yeah right now It's just not in a good spot and it's very weak one of the weakest big cap names And yeah, it's just something that you don't want to touch right now trying to Catch the bottom of this. It's like trying to catch a night falling. So it's just way too risky and there's better places to Put your money if you're trying to find the reversal play or a long set up Next up we can take a look at Nvidia So Nvidia has been in bottom all the way back in October and it's been building a pretty nice uptrend But just you know just recently or just yeah just last Friday it broke the downtrend We'll see if we can get a bounce back up. All right now. It's not looking too great And video is still one of the strongest stocks compared to like the other big cap name So this name's still holding up pretty well. It has a pretty solid uptrend I think there's a good chance that we can bounce next week There's definitely some resistance at this 173 level Maybe we can a bounce all the way back up there and then we'll see what happens, right? I think there's a good chance that we continue pulling back Just because the market is so weak right now, but we'll see what happens and media is one of the strongest stocks though Next up we'll take a look at M RNA so M RNA. Yeah, this stocks had a really really nice week So first up, there's this major base, right? It's been building out since all the way back in March this year. So it's been trying to break out Here tried to break out here, but failed tried to break out here But now it was consolidating and then finally made a really big breakout move on huge volume, right? So this is this was an A plus setup. This was it's been consolidating for nine months Tried to break this resistance many times but failed and it finally broke through with big volume So this is like the definition of like a great chart, right? This is exactly what you want to see and this there's a good chance that this can go a lot higher Right, it has the volume it has it has all the characteristics of a big winner And it's one that I'm definitely keeping on watch. So right now it's pulling. It's building the low flag here On Friday pulled back in a bit too much for like a proper bull flag. You don't want to see Yeah, you just don't want to see stocks pulling back that much on one day So pulled back like six percent six to seven percent that's fine though as long as we consolidate and Yeah, we as long as we consolidate and hold this one 87 level I think it's fine and there's a good chance that this dog can see a leg Leg up higher. So, you know, we'll see what happens But this is one of the one of the better stocks in the market right now for sure Next up So this is also another name that's been holding up really well. So like MRNA this one's been building a nice base since August and then it broke out Early November time. So This one already did break out and I was just consolidating right after a solid move. So right now I'm just looking for this five potentially Potentially, it's yeah, it can see a it can break out here right now It's building a flag here. It's tightening up and potentially next week or in a couple of days that we can see a breakout move But key level key psychological level is gonna be a hundred years So we want to see that get taken out and if that gets taken out, there's a good chance We can go up to the next resistance level was just 108 But yeah, this one's definitely on watch just because it's been holding up really nice compared to all the other stocks out there So I think this one has potential And then last one for today So this stock is insanely strong, right? There's not a lot of stocks in the market. I look at this right now There's not a lot of charts that Look like this right now in the market. This stock is just insanely strong and I think there's a good chance that the stock can continue to build out or continue to Act strong and go a lot, right? So this one also has a really Had a really big pullback all the last year and this year now it's been consolidating since March again It's a really nice base here. And now it's just yeah, it's just getting ready to Completely blow right this one this one has potential to go exponential right Has all the characteristics really nice volume on this these updates Really? Yeah, it's just building out a nice flag right now. And yeah, this one just looks really good And next target for it for it would be Around this 8.83 level Another one at this 10.9 the 10.0 Or just you could find it up to 11 Then another one at 15 Another one at 16. So these are the key levels so far for a TME Yeah, like I said before it's just acting really well here Not a lot of stocks have had a really nice breakout and they're actually Continuing to hold so this continues to hold Tighten up and build the flag and then break out and there's a good chance this go a lot higher So this one's definitely on the watch list. But yeah, that's pretty much all I have for this week And yeah, I'm definitely leading more bearish than bullish For the market for the coming week. It's just a lot more signs that There's more weakness going on or there's more there's a lot more weakness in the markets right now And I don't think the alter in your favorite to try Try going for long setups currently so right now either send cash or look for short setups But yeah, that's pretty much all I have for you guys for this week. Yeah, thank you