Stocks on Radar this Week - July 1, 2024

The names we're watching this week

SPARTAN'S WEEKLY PICKS PLEASE READ OUR DISCLAIMER STATEMENT BEFORE VIEWING at the bottom of this email or click  https://spartantrading.com/terms-conditions/ Good Evening Traders, I hope you all have had a wonderful weekend! We should be in for a bit of a slower (short) week with only 3.5 days to trade. Wednesday we have a half trading day and Thursday the markets are closed for July 4th! Powell will be speaking on Tuesday and we have unemployment numbers on Friday to watch for. I expect the market to mainly be technically driven to start Q3, will see if we get money on the sidelines put to work and if the continued rotation back into the FAANG names this week occurs. Semis will be on close watch after the pull back last week, they may present a nice buying opportunity in the short to medium term down here as most have pulled back into ema support on the daily chart as well as their trends. Now let's dive in and take a look at what I am seeing in the market this week from a technical standpoint: SPY & MARKET OUTLOOK $SPY Flagging on the daily to the upside early on this week without confirmation. 546.89 will be the pivot to the upside this week. This level holds, room higher into the 550.06 resistance, breaks we see the 552.88 tested. Pivot unable to hold, room lower into the 542.89 support, breaks we see the 539.98 tested. Leaning Bullish neutral, watching for continuation on a pivot reclaim and confirmation. Options Note: Pivot holds, 550-555 weekly calls. Pivot unable to hold 540-535 weekly puts. FAANG $AAPL Flagging on the daily.  213.04 will be the pivot to the upside this week. This level holds, room higher into the 216.83 resistance, breaks we see the 220.32 tested. Pivot unable to hold, room lower into the 209.98 support, breaks we see the 206.49 tested. Leaning Bullish neutral, watching for continuation on a pivot reclaim and confirmation. Options Note: Pivot holds, 217.5-220 weekly calls. Pivot unable to hold 210-205 weekly puts. $AMZN Weekly range broken to the upside last week and retesting the level. 197.73 will be the pivot to the upside this week. This level holds, room higher into the 201.50 resistance, breaks we see the 204.64 tested. Pivot unable to hold, room lower into the 1924.24 support, breaks we see the 188.97 tested. Leaning Bullish neutral, watching for continuation on a pivot reclaim and confirmation. Options Note: Pivot holds, 200-205 weekly calls. Pivot unable to hold 194 -190 weekly puts. $NFLX Flag setup on the daily for continuation. 690.42 will be the pivot to the upside this week. This level holds, room higher into the 698.94 resistance, breaks we see the 709.16 level tested. Pivot unable to hold, room lower into the 677.65 support, this level breaks 664.65 will be tested. Leaning Bullish neutral, looking for continuation this week higher. Options Note: Pivot holds 700-720  weekly calls. Pivot unable to hold 660-640 weekly puts.  $META  Pulling back to ema support after the h/s rejection Friday. 514.27 will be the pivot to the upside this week. This level holds, room higher into the 523.99 resistance, breaks we see the 532.32 tested. Pivot unable to hold, room lower into the 503.40 support, breaks we see the 493.92  tested. Leaning Bullish neutral, watching for continuation on a pivot reclaim and confirmation. Options Note: Pivot holds, 525-540 weekly calls. Pivot unable to hold 490-470  weekly puts.  $GOOGL  Flagging on the daily to the upside w/ room for continuation if we can break and hold above the 180.81 resistance. This level holds, room higher into the 185 resistance, breaks we see the 188 tested. Pivot unable to hold, room lower into the 178 support, breaks we see the 175  tested. Leaning Bullish neutral, watching for continuation on a pivot reclaim and confirmation. Options Note: Pivot holds, 185-188 weekly calls. Pivot unable to hold 178-175  weekly puts.  INDIVIDUAL NAMES ON RADAR $TSLA Watching for a range breakout on the daily to the upside and continuation if we can break and hold the 199.27 level. Alert: Bid> 199.27 Options Note: 200 weekly calls  $NVDA watching the h/s reclaim on the daily and flag breakout for continuation to the upside back into the 133.37 to the 140.70 level IF 127 breaks. Alert: bid>127.31 Options Note: 130 weekly calls  $UPST Curling off the lows, watching for a 50ema reclaim for a push higher this week. Alert: Bid>24.31 SPARTAN ON YOUTUBE Low Float, Asset Rich Company Ready to Breakout Want to trade with Spartan Trading this week?    Learn More about our Programs To Activate Promo / Coupon Code   DAY TRADING CHATROOM 1 MONTH – SAVE 50% (CLICK TO ACTIVATE) 6 MONTH – SAVE 20% (CLICK TO ACTIVATE) 12 MONTH – SAVE 20% (CLICK TO ACTIVATE) SWING TRADING CHATROOM 1 MONTH – SAVE 50% (CLICK TO ACTIVATE) 6 MONTH – SAVE 20% (CLICK TO ACTIVATE) 12 MONTH – SAVE 20% (CLICK TO ACTIVATE) MASTERCLASS SPARTAN MASTERCLASS (12 WEEKS) – SAVE 20% (CLICK TO ACTIVATE) MOMMA MASTERCLASS (12 WEEKS) – SAVE 20% (CLICK TO ACTIVATE) To activate, click the link above or go to the applicable registration page and enter the promo code above in the field that says "coupon code" (half way down the registration page). 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