$SMH
there you go
$QQQ
ok obviously the news was unexpected but as I always say good charts precede good news..
so that means bad charts precede...
rejected the 50sma and the 9ema with a close below. no reason to swing long yesterday
WATCHLIST 10/21
gap up today but we are not out of the woods
looking for momentum to stall out into key levels to play the downside
funny enough crypto looks good to the upside
1. $CRCL calls on $86 hold
2. $DELL puts off $500/$513
3. $MSTR calls over $150
4. $MRVL puts off $252
5. $QQQ puts off $726
WATCHLIST 10/21
gap up today but we are not out of the woods
looking for momentum to stall out into key levels to play the downside
funny enough crypto looks good to the upside
1. $CRCL calls on $86 hold
2. $DELL puts off $500/$513
3. $MSTR calls over $150
4. $MRVL puts off $252
5. $QQQ puts off $726
this gap up may provide tons of entries on the short side
look for names bouncing into key levels + declining moving averages
$COIN
not a good daily chart now with that massive wick off the 9ema
still undecided on crypto but leaning toward the downside with how this chart looks
$TSEM
20 points lower in two trading days
$180 ✅
$TSEM
shoutout @Remzztrades for putting this on the radar today
one of the few semis that hasn't broken down yet.. losing the 200d and a massive psychological level at $200
favorite downside play into next week
$MSTR
nice look for a short here under $135..
could lose the 200d and the 50d in one go
on watch tomorrow
$CRDO
lower highs and lower lows..
rejected the 200d today and has room to $150 under $170
bitcoin:native
looks like $76k is coming
actively short $COIN and watching other crypto names
i am actively looking for names running into declining moving averages now
short all pops until the market proves otherwise
even a 2-3 day bounce can still be bearish
$SMH
if we see continued weakness this is a crazy short under $540
you can see $535 quick with a bigger target being the 200d around $511













