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Good evening everyone, I hope you all had a great weekend. If you have been following this newsletter over the last few weeks, I’ve been calling for a big tech explosion like a broken record… and I think the week is finally here. All the major names look ready, finally. I am specifically watching $AMZN and $MSFT to signal the run.
Due to time constraints, I will be scaling back the updates on this newsletter. I will be posting once or twice a week with a larger amount of set ups in each update. If you are interested in real time updates on my trades and set ups, consider joining the trading group.
Set Ups 12/07-12/11:
$AMZN
$AMZN has been painfully slow in the last few weeks, with every move seeming to be a fakeout. It appears to finally be ready for a nice rip. I expect a swift move up to 3300+ this week, as big tech takes off.
$AAPL
Of the major tech leaders, $AAPL is the least bullish this week in my opinion. I expect an early push that could fade throughout the week. $AAPL has been ahead of its group lately, and could pull back as everything catches up.
$AMD
I am looking for a pullback early on Monday to catch the ride up to $100
$DKNG
$DKNG had a quiet week last week as it put in a wave 4. I expect a move to roughly $58.
$FSR
This one could go either way, I’ll be watching this closely for an entry sometime this week.
$PYPL
$PYPL has been consolidating nicely, and appears to be setting up for a move to $230
$MSFT
The sleeping giant is almost ready to go. Once this name starts moving, I expect many others to follow.
$SPCE
$SPCE has been on the move for a while now, and is setting up for a final push into the $31 range, before a larger scale wave 4 correction.
$TSLA
Everyone’s favorite casino game, $TSLA, could have more gas in the tank still (or should I say, more charge in the battery). I will be on alert for a move to $640 this week.
$NFLX
$NFLX started wave v of (iii) last Friday and should get some early continuation into the $515 range.
$RKT
My previous count was busted last week. We could be in for a deeper correction towards the .786
If you’re interested in live updates, Q&A and more detailed set ups check out my new trading group! Remember, don’t force any trades, let the set ups come to you! If the set up does not develop, don’t chase… That is a sure fire way to lose money. There will always be another set up right around the corner!