HIGHLIGHT OF LAST WEEK: $SQ
1. $AMZN:
➣ Aggressive drop on AMZN post earnings on Thursday which were positive, but investors still didn't think it was enough
➣ We've seen AMZN bounce back from earnings pretty quickly, looking for this time to be similar since it's a nice demand zone it's close to as well
➣ Break above 233, 238.83, 242.06
2. MU:
➣ Looked like MU was going for the gap fill last week but got quickly rejected on Friday, so looking for a continuation of that move
➣ Playing the downside it a little bit tricky because there's a lot of demand areas but follow the levels mentioned below
➣ Break below 91.07, 87.51, 83.54
3. $PYPL:
➣ PYPL looks like it's ready to trip and fall again with the setup that it has on the daily
➣ As long as it can crack below the $77 zone, the continuation lower seems pretty easy as it heads towards the September gap
➣ Break below 76.54, 74.81, 73.12
4. ADBE:
➣ We haven't had ADBE on the watch for a while but it's looking interesting where it is if it can hold the demand zone
➣ This is an early setup as it could easily fail so wait for buyers to come in first
➣ Break above 437.11, 446.15, 455.23
5. $XOM:
➣ Double bottom on XOM here on the daily, and yes even though it's not having the prettiest price action, looking for a follow through of this setup
➣ It's a very news dependent stock, especially in the period we're in so make sure you're alert of any oil news coming out this week
➣ Break above 110.28, 433.20, 450
6. $GOOGL:
➣ We had GOOGL on watch last week as well but it didn;t have that breakdown until the Friday candle
➣ I will be looking for a pullback play here, just pay attention to the uptrend lines as those will be key to watch when the stock starts moving lower
➣ Break below 120.84, 116.65, 112.94
6. $NVDA:
➣ Pure gap fill play on NVDA here for this week, makes it more interesting that it still has not reported earnings for this quarter, so it might have e pre-run
➣ Wait for buyers to show up on Monday before taking action
➣ Break above 133.57, 140.83, 142.62
7. $AAPL:
➣ Similar with the RBLX play above, AAPL also went for the gap fill last week but it left a few cents to the downside
➣ The only downside here is that the bounce play might be a bit choppy, looking at previous price action in this zone
➣ Break above 149.40, 152.55, 156.33
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