 Hey guys, this is hydro from x trades back with another weekly video And as usual, we'll start off with the indices. We'll start off with SPY and QQQ Take a look the weekly chart SPY So once again, very very strong end up nothing really changed from last week's analysis We just continue to grind Higher and higher every single week Overall looks very very bullish. We're definitely in a very strong bull market ever since that Ever since November basically of last year. We've been in a very very strong uptrend and Although it looks like we are getting extended the market can still definitely go a lot a lot higher. So You know overall really really good action last week We had a couple days of consolidation and then on Thursday We had a breakout and then on Friday. We got very nice follow through so overall SPY looks really bullish and then Yeah, although we had such a strong uptrend. We were continuing to move up higher. So Continue to be bullish until the trend changes, right? And then QQQ same thing had a very nice bull flag forming and then a very very strong breakout on Thursday And then very nice follow through on Friday. So same exact thing for SPY and QQQ Both indices are very very strong and they're very strong both Her bull or we are in a very strong bull market right now Now, let's also take a look at IWM IWM is also starting to look good here We are we finally did break that 205 level. So the weekly chart looks really really good here And the next target should be 213 Also on IWM, we are making new 52 week highs now. So really good action there Yeah, not much of the same The breadth is definitely improving more and more small cap stocks have been participating. So that's really good And yeah, how much to say we're definitely in a bull market and don't fight don't fight the trend until the trend changes, right? Let's also take a look at ARKK The ARKK is still a little bit weaker, but it looks ready to break out if it can take out that 51.5 Level so ARKK also very very bullish Or it looking very very bullish It looks like it wants to break out of this base and make a big breakout But yeah, overall very good action this week from the market Pretty much everything They're pretty much that entire market is in a very strong uptrend Like the big caps small caps everything's trying to yeah form an uptrend now. So overall a very very bullish action and Yeah, now let's take a look at some individual big cap tech stocks start off with Apple So Apple is one of the weaker ones Apple actually lost out 180 resistance level, which 180 support level which doesn't look great But Apple did have a nice close on Friday It did go all the way down to 177.5 but close to near 180 So that is bullish there But still not the best action on Apple and it's in a downtrend right now until it breaks this trend line Then I would not be looking to go along on Apple Next up, let's take a look at AMD. AMD had a very strong breakout this week This one Had a nice flag forming over here and then On Thursday, I had a very strong gap up and then very strong close took out that 183 level And then on Friday got very nice follow through and all this happened on an increase in volume So overall very very good action on AMD and this looks really really good on the weekly chart as well Um, but yeah, very strong breakup And then uh, yeah next we'll take a look at broadcom Broadcom also had a very strong breakout this week So also had a very strong gap up last week and then this week We could pretty much just consolidate it all week long and then on Friday we had a very strong gap up and very strong close and That's a really big move for big cap name 7.5 7.5 9% on a day, but yeah, really really strong weekly chart as well Um, but yeah, this one I would not be surprised to see this one at 2000 um Yeah, broad comes just in insanely strong name and then it's also in There it's also in a very strong group the semiconductors, but uh, yeah Next up, we'll take a look at Google So google looks like it's still in a downtrend here Until it breaks this upper trend line then Or until breaks this trend line, you don't want to be long or long on google Um, but yeah, google doesn't look the best either right now Next up, we'll take a look at meta meta on the other hand very very strong action this week had a strong gap up and then it consolidated tightly here and then On thirsty it started to like touch that resistance level and then on Friday We got above it and very strong close So overall meta looks really really bullish This one looks ready to start printing up higher again after a few weeks of consolidation It's finally breaking out again. So meta looks really good Microsoft um So microsoft just consolidating here overall good action It filled its gap and yeah, it's just pretty much just consolidating for now. So overall microsoft looks fine here And yeah, it has room back up to the 420 level Netflix um Netflix had a very strong breakout here and then it consolidated and then formed a little Breakout zone here and then capped up and then consolidated and then on Friday got a very nice follow through So overall Netflix is turning up again um It was also consolidating here for a while and now it's trying to Uh, it now looks like it's in a very steady uptrend. So overall Netflix looks really really good here as well Next up Nvidia um Nvidia just keeps going right How much to say for the stock the stock's just insanely strong I had a very nice breakout on Thursday was it was forming a nice flag and then on Friday got very nice follow through So overall Nvidia looks really really strong once again Um, but yeah, not much else to say for Nvidia just an insanely strong stock and then Tesla so tesla looks constructive doesn't look bad. Um, it is struggling with that 205 level But if it can take that level out this one does look pretty good So yeah, if it can it's starting to like form a little flag here. So if it takes out 205 I would say this one looks pretty good for a move back up to like that 210 to 12 area um, but overall tesla actually looks pretty Looks decent short term, but uh, if you look at the bigger picture, it's still in a very very, very Clear dot trend and until clears that trend line Then uh, it has to still In a dot trend, but it does have a lot of room. So potentially if it does really you could see a move all the way up to 235 So good short term potential though Uh, and now let's take a look at some individual Um names start up with airbnb Airbnb had a very nice breakout this week It did form an inside bar and then this week it took that out And the very strong close as well. So yeah, airbnb is looking pretty good touch 160 on friday And uh, yeah, not much else to say airbnb is finally breaking out of this base. So It looks really good and has a lot of potential higher Um, I would say first target would be around that 175 level Yeah Next up, let's take a look at kava So kava It's another recent ipo. This one's acting really well Um, it's making new 52 week highs here. So really good action Um, here everything actually so So it's resistance level it took it out and now it's starting to form a little flag here. So Kava, it looks really really good. I like that volume. I like this volume Overall kava is very very strong. Um, and it's been in a strong trend since december. So this one's another top watch Coin This one's uh, this one had a very nice breakup this monday all crypto names did and now it's just flagging here So this one looks ready to go as well next week So this isn't another a plus setup to watch for next week. It looks really good here Kavana, um, this one had a very strong gap up and it got followed through this week Had a nice breakout on tuesday and then once a thursday just consolidated and on friday It looks like it's reconfirming higher here. So overall looks really really good And this is definitely one that you want to keep your eye on really nice weekly chart as well So Next up let's take a look at j m i a this one is like the amazon of africa So this one has a lot of potential really good volume Had a nice flag here and then had a massive massive breakout on big volume And looks pretty good on the weekly chart as well Definitely breaking that downtrend. So this is definitely another name You want to keep your eye on lots of potential. This one's a fast mover. So Yeah, this is another good name to watch lly This is another name that has been in a steady uptrend all year long insane rally from uh 2021 and this one just keeps going higher and higher But yeah, right now it's just consolidating here had a nice breakout on friday But it is just consolidating between these two levels. So It looks to be taking out that 780 level, but let's see what happens next week very strong gap up on friday and so Yeah, overall looks really really good. It didn't form like a downtrend on here And then on friday gap up and had a very strong close. So this one looks like it has room to hit 800 next week Next up, let's take a look at palantir Palantir is another one that looks pretty decent here. Um This one was viable as Yeah, this one was viable on tuesday as it got through that 24 level and then yeah, pretty much just uh went all the way up to 25 25.5 again, which was previous resistance and then rejected but this one looks pretty good and Honestly, if it can form some sort of flag here and really really nice weekly chart Palantir as well Next target would be around that 27.5 level. So this is another one that you definitely want to keep your eye on huge volume Yeah, this one's definitely a name that institutions like as well And then we'll also take a look at smci So as I said before semi-conductors have been very strong and smci had uh Pretty quiet week Compared to like how I used to for the last couple weeks pretty quiet week But it did have a very strong gap up or it is gaping up very strong friday after hours Because it is going to be included in the s&p. So um, yeah, this one This one could gap and go on monday. So Definitely keep an eye out on this one as well And then last but not least tsm. This is another another semi-conductor name And this one also had a very strong breakout on friday Had very clear resistance level at 131 level and then it pretty much Gapped on friday and then took that out and then made new 52 week highs But not the best close but um, so yeah, definitely some resistance around that 135 level But this one still looks really really good. And it's another top watch for me um Also in a very strong uptrend But yeah, that's pretty much all I have for this week Semi-conductors are definitely the names that you want to be paying attention to they are the strongest name Very strongest sector right now. And then crypto would also be another Theme to focus on and then software as well And uh, yeah, also if you guys are interested in one-on-one mentoring feel free to DM me on discord But um, yeah, that's pretty much all I have for you guys for this weekend Um, 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