$XPEV – XPENG INC.
My Level: 40.10
Why: 200d, 20d, 2x Prior Day Lows. Great range (ATR $2.25). Will be a tight trade but can present great reward.
$AMAT – APPLIED MATERIALS, INC.
MY LEVEL: 130.05
WHY: 50% Retrace from recent red to green move. That area is also about the ATR away from where it closed. Might gives us one more day of continuation. I’ll take it off 130.05.
$DFS – DISCOVER FINANCIAL SERVICES
MY LEVEL: 120.35
WHY: Monthly Pivot, support areas. Playing this one safe. If we have a down day in the market I want to be prepared.
$GE – GENERAL ELECTRIC COMPANY
MY LEVEL: 101.30
WHY: Quarterly Pivot, 50d, prior support.
$FIVE – FIVE BELOW, INC.
MY LEVEL: 191
WHY: QUARTERLY pivot, monthly pivot, 200d
$SWBI – SMITH & WESSON BRANDS, INC.
MY LEVEL: 20.30
WHY: 200d SMA and whole number (psychological). Small miss in revenue but I like the look of this. Lets see if it holds $23. Has had strong support in this area.
$CHWY – CHEWY INC.
MY LEVEL: 77.20 & 73.50
WHY: Prior support and annual pivot. I think we’re going to see a nice bounce tomorrow (Thurs)
$AI – C3.AI, INC
MY LEVEL: 46.40 & 47.50
WHY: Monthly pivot (46.40) and QUARTERLY pivot (47.50)
$NTNX – NUTANIX, INC.
MY LEVEL: 37.10
WHY: Gap to Close. I want to see this GAP up to 39, a quick drop to 37 (prior resistance and prior close) and then look for a 30%-50% bounce from where it came from. (e.g. if it drops $2, I’ll look for $1 profit)
$OKTA – OKTA, INC
MY LEVEL: 252.50
WHY: Gap fill, psychological number. It also puts you at 50% retrace from the nearby high and low.