Everybody welcome back to the channel in today's video. I'm going to be sharing with all of you the top three stocks to watch for this week and why all of you should be keeping them on your watch list? All right. So let's get right into it. Right off the bat, we have the Spy over here.

It's been a while since I released a video. Yes, All right. So we're gonna discuss the market movements on what led up to these events. First and foremost, let's look at the spy on a daily.

Let's just keep it on there. now. What? I see with the Spy is a breakouts and a retest of a critical level of supports. And that support is not.

It's not horizontal, it's it's over here. All right. I'm gonna draw this line from 43.25 all the way down to here. All right.

And as you can see, the initial breakout was right there on the 24th of January. It ran a little bits before we saw that retest within the last two weeks. All right. So it was chopping all the way down here.

Tested that level of support multiple times, right here, right here. and lastly on I believe this was Thursday Yeah, All right, and let's dive into the one hour Now in the one hour let's look at how it behaves over here, all right. and the one hour if you didn't see that level of supports and you're just looking at it from from this perspective, the market looked bearish. At one point, until a bear trap was formed, there was a bearish pennant right over here.

All right. We had the breakdown on the 28th at the end of February followed by a retest and then by a drop. Alright, before an announcement that pushed the market even hotter. So the bear trap was right over here.

Like traditionally, this thing should go lower. and by lower I mean all the way down to this alert right there at 38.77 But it didn't quite make it there. and every single bear who was hoping for a breakdown of that level covered and contributed to this massive push right over here. All right.

Now that's that's one way to look at it. I'm gonna. we're gonna be looking at the dog really quick. But in regards to the Spy in regards to where this thing is going to go tomorrow, it's already right here.

F it's near 40 70. it's near it. but I think it can go all the way up to 4100 before we see some type of turbulence or just consolidation in the zone. Right over here.

All right, that's what I think about the that's what I think about the slide. Now it like I said, we're gonna look at the Dow Jones and with the Dow Jones there was this bearish pennant right here. again. all of the shorts were looking for a drop all the way down to the circle I was looking for a drop all the way down to the circle I was looking I was I was leaning bearish during these days during this very choppy days.

All right, But everything changed when this structure form right over here. again. this was Thursday There was some type of announcement from the Fed and there was a breakout right here on the Dow Jones that along with QQQ and everything you started popping off and going higher. All right now one or two things is going to happen either.

This bear trap will be complete tomorrow and then on Thursday we will see it continue. and then on Tuesday we'll see a continuation where all of these individuals right here will cover in panic, right? But what I do think for sure is that tomorrow morning there will be a morning run. Now what matters is is it going to hold above 36 33 600 or not. Is it going to stay in here? Buy the clothes tomorrow.

That will be determined but for for the next 24 hours, just watch for the Dow to move in here. Alright, and be very very careful. All right and watch for close entry day that may. That may hint at a potential reversal at this level.

If it's not there then it's good for the balls. If if it's not there, if you don't see a massive drop then it's a good thing for the Bulls right? But that's that's for that's for another video. Now the first stock that you should be keeping in your watch list for tomorrow. that stock is Amazon All right.

And the reason why I want to share Amazon with all of you is for for two reasons. Actually, now that I look at it I See two reasons here. If we look on the daily chart there is there is a inverted Head and Shoulders forming at the moment. All right, it's not quite complete.

it is very early. right? We got the left shoulder, we got the head and then we got the potential right shoulder right here. All right. now.

The second reason is if you're zoom into if you zoom into the right shoulder, there is a Morning Star on here. Again, if you are a beginner and don't know Candlestick patterns. The combination of these three candles right here, one two followed by three, it's called a Morning Star. And what usually happens when the morning started form this form, there's usually continuation to the upside.

The continuation that looks like this where we open up slightly higher at 95.70 and then we push all the way up towards a hundred, all right before we see some type of consolidation. So definitely keep Amazon in your watch list. It's been beaten down. like if you like, just zoom in.

Now it's been big enough for quite some time and it's been trying to recover. So will we see this type of move very very soon? I I Think so I think so I Wouldn't be surprised if you see something like that within the next few weeks. but again, this video is for tomorrow and for this week specifically. So watch this one for remove all the way up to 100 dollars.

Now the second stock that I'm keeping in my watch list and while y'all should keep on your watch list as well is AMD. All right, and the reason why I want to share AMD in this video is because it's making a it's making a higher low. We got the first low right here at around 66, followed by the break of this previous level of resistance right here through earnings at around 78 and now like it chopped throughout the last two weeks and it looks like it's ready to make its next move up. So I'm aiming for ninety dollars on AMD All right again, that's just on the daily time frame.

That's what I'm seeing on The Daily time frame that little Gap right here I I Don't think it's going to get filled so soon. maybe later on they will. but I don't think it will be I Don't think it will be next week. All right? I don't think so.

maybe the week after the next one. All right. So that's the first reason what I'm keeping AMD on my watch list. The second reason is a more closer look.

We're going to erase this and we're going to change it to the one hour time frame and zoom in right over here there is. there's a bull flag on the chart. It's right here. All right.

The blue flag is right here. It broke out on Thursday again with that structure on the dial that I showed you earlier in the video when everything started to run which kind of lines up with the retest on the Spy as well with that previous level of support. Again, you missed it. Go back to the beginning of the video but it's all lining up perfectly.

This I don't think this one is done yet I think it has room to 85 dollars and if the morning run that I think is going to happen on Monday happens. This thing might get there by by 10 a.m or 11 A.M central time I think it's I think he can make it I think it can go all the way over here. All right, all the way here. So that's my very honest thoughts on AMD Now the third stock, the third stock that I'm keeping on my watch list.

that stock is nuv all right. and the reason why I Like N-u-e there is a similar flag, the one that I just showed y'all with M with AMD it's on here. yes and it's not done yet. It has room to run so that's the first perspective that I see for any week.

The next perspective for it is on a much bigger time frame. We're gonna go on the weekly all right and a lot of you are seeing this video and you recognize this structure. It's very very. I have Drew I've drawn this way before in the past.

All right, there is a cup and handle. Here's the cup right here. All right and then the handle is being formed right over here. All right the handle is.

it's not quite done yet. Usually what happens with the handles, especially with the next week that's gonna happen is it's gonna open up. It's going to break through that previous level of support where we got these short sellers right here and we got these short sellers right here. As soon as 182 gets taken out they will get scared, they will panic and they will cover their shorts and we'll see a massive run to 190 bucks.

Yeah, I that's that's the first thing on my mind. that's my very honest thoughts on N-u-e All right. the last stock, the last stock that I want to look at. All right this is the third stock for for this one.

All right now we're just gonna look at we're gonna look at Netflix because I think Netflix Netflix is gonna make it turn around really really soon like it looks bearish right now. but I think I think um it's going to open higher and the reason why is because of this. like on Friday there was this bullish pennant I Was very very tempted to trade it but the way it got out of it was kind of sauce. And when I have any type of hesitation on a specific structure.

I I try not to go like immediately and if if there is any type of uncertainty or flaw in it I don't touch it. But one thing's one thing that I've seen before is that yes, it looks really, really clean. But what it doesn't do what it's supposed to do on that specific day. That move that I was expecting on that Friday I was expecting to move all the way up to 30 21.

I think that move is gonna happen tomorrow and I think that it's going to go all the way up to 321 tomorrow morning. I Think it's usually usually what happens with these ones, especially when they don't give you what you want on the first date. That's my honest thoughts on all of these stocks and that is the end of the video. Again, do not forget to annihilate the like button please always helps Channel a lot and allows more people to get this knowledge as well.

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