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Here's a thread looking at some stocks as promised. Lets start this new year the right way!
$NFLX daily resistance sitting above 550, weekly r around 570. Once 575 turns to support can make a push to 600.
$AAPL got rejected and failed to hold in previously formed channel. Supports below 132.50 include 130, 128.50, 125. if it can get back into channel and work up towards top of it 150-155 is a likely target.
$AMZN weekly look. I don't expect anything < 3150 as long as market continues to grind higher. sticking to first major target in 3600 area. if 3550 turns to good support its possible to see moves into 3730-3780 range. I will update levels as they come on this one.
$MSFT once above 228 with support can test ath. Building support thru there can bring it to a 2021 target of 255-260. below 220 is 215, 212, 209
$TSLA chart won't help with this one. As long as it's above 700 can continue to grind higher. Potentially towards 750. parabolic moves have slowed for now but still has momentum to slowly grind up.
$MRNA trend remains down until it shows support now at 104.50 below 100 is 95, 89, 80. Reclaim of 120 may change my view to bullish.
$BA is still in a falling wedge as long as 207 is not lost moves towards 250+ can occur in 2021.
$BIGC below IPO price great risk-reward on this name currently, if i get $60 entry i would load a lot more but I am well positioned as i have been accumulating thru 60s
$NVDA needs to reclaim 535 as support to start. holding 540 will be key. once 552 is support targets move to 565, 572, 583. Support above there can move thru 600. 495 area is key to hold if it dumps
$FB needs to get thru 280 to start uptrend below 270 is 265, 254.
$AMD good support in low 90s/ high 80s. As long as this holds it can crack 100 and move towards 112 in new year.
$PLTR needs to show support soon or it risks falling back below 20. 19 area seems to have some support if not 16.75. Still own this stock think it can be $40.
$SNOW now at 280. I recommend accumulating on any dips. 270s have support thru out if not 259, 250, 245. This will be a 500+ stock within the next year imo.
$CRM is trying to bottom here. Below 220 is 216. Next leg up i would look for a gap fill to 238 area. If it still cant fill the gap may need lower
$DKNG I am looking for good support at 45 if not 42-43. Needs to crack 50 and get thru 55 to start solid uptrend.
$RKT buy zone is in high 19s down to high 17s. good support thru out there. still early on this name but hype should build towards march EPS
$OSTK i dont like it below 48 needs to get back above 50. below 48 is 45, 40, 35. Gap below 35 as well.
$TDOC like name a lot support currently at 195, needs support again at 205, 208 to work thru 215, brining 223, 230, 236, 240 and then eventual test of ATH. Buy any dips into 170s and 180s if we get them again
$PYPL will stick to q1 target of 250. still in downtrend currently but may reverse soon. Once above 250 can see moves towards 262, 274, and potentially 300 in new year
$ETSY stock i own and wont sell. one of the strongest names in last few years. has downtrends then will run for weeks at a time. recommend monitoring for entry on pullbacks. typically will test previous resistances so no need to rush in imo.
$BABA below 230 is 227.50. Just below 237 can act as possible resistance but needs to be shown to us first. for now 230-240 is no mans land and can continue thru this zone with momentum it has fairly easily in either direction. id add more if i get another 213 entry, 200, 195.
$NKE pulled back from 147 down to 140 area. As long as 139 holds can reverse and try to break 150, after 150 possible to see 155-160. Used to trade this name a lot but that was back in 90s on run to EPS. still is strong and can be a leader. Just be careful as momentum may slow
$DIS is an animal, assuming streaming continues to grow 200 is target. Potential push/pull effect with $NFLX if market chooses to rotate like that. Nothing to back this but something to keep an eye on as they are both big names in streaming industry
$LULU I love ur clothes so i will continue to hold ur stock. Dips below 300 should be bot weakness is typically good buying oppo in this name. if it finds support at 400 can get another 15-20 points quickly.
