Big break this week for Amazon (AMZN) weekly chart. Needs to hold this level into the close tomorrow.
Netflix (NFLX) support levels to watch. Very little reason for me to want to play this bounce so far. No basing taking place, and support has yet to hold.
Carvana (CVNA) inverse head and shoulders going back to May ’22. Massive move here taken right up to the neckline. Not a ton of resistance until the mid-90’s, but still an extremely high risk trade with massive amounts of headline risk as well.
Watching for a re-test of rising support on Visa (V). If it can bounce and hold, it could make for a nice swing-trade.
Inmode (INMD) steeper trend-line may offer up support, or the longer-term trend-line might be the answer. For me I’d play it cautious and wait for the major trend-line test, because right now it looks to still be in a free fall.
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