MSFT<\/strong> remains Very Impressive. Whenever you think it gets vulnerable, it holds the 8 day. It needs to hold the $306 area. If that holds, perhaps it tries to get going again with $313 as pivot resistance.<\/p>\n GOOGL<\/strong> was a big focus for us last week. I got big around $107ish and it hit $117.92 Friday. I did sell my stock and switched to some call as it seemed stretched. Loop Capital called it a hold today. Let.s see how it digests. Holding $114.41-$116 would keep momentum.<\/p>\n AMZN<\/strong> was another focus for us. I got pretty big in the $105 area and then sold the rest into the $113+ area last week. Now, we\u2019ll see if it can build a bull flag above $109ish to give us more opportunities.<\/p>\n META<\/strong> is trying to set up again after hitting a high of $244 a few weeks back. Some are long vs. the $229 gap pivot. If it can get and stay above $238, maybe it gets some active momentum back again. Loop Capital raised it this morning.<\/p>\n TSLA<\/strong> couldn't hold the Friday gains even with Elon saying they will have a new Twitter CEO faster than some thought. I did sell most of mine into the $177 gap fill. Then it failed to hold $174 with a low of $166ish. It's flattish this morning. It\u2019s hard to tell what\u2019s next. If it breaks and stays below $166ish, the bears will growl loud. I'm just going to watch it for now.<\/p>\n NVDA<\/b> is trying to hold the 8 day. This tech market leader can give clues to the week. It needs to hold the $280 area. Otherwise it can see downside. A move above $292ish tells us we can still have some special moves. Friday's high is $287ish.<\/p>\n Scott Redler Positions Disclosure as of 2023-05-15 at 8.26.28 AM<\/em><\/p>\n SPY\u00a0keeps playing with levels. Last week it couldn’t build on strength and sellers couldn’t keep it below levels. We’ll see how this week starts. $413.64 is Friday’s high. See if it gets and stays above. $414.54 is above. The bears can’t growl so loud this week unless we get a hard close below $408.64. QQQ’s\u00a0hit a high of $327.17 last week as some specific setups worked. The 8 day is key active support. We’ll see if this sector can keep getting flows. It needs to hold the $322ish area to stay special. Now let’s dig into 7 tech leaders: AAPL continues to digest post-earnings. On Friday if felt vulnerable but it held the earnings gap. If you are super active, make sure it holds $170.76-$171 support. If it doesn’t, it can get choppier and harder to sit with. $174.59 is key active resistance. MSFT remains Very Impressive. Whenever you think it gets vulnerable, it holds the 8 day. It needs to hold the $306 area. If that holds, perhaps it tries to get going again with $313 as pivot resistance. GOOGL was a big focus for us last week. I got big around $107ish and it hit $117.92 Friday. I did sell my stock and switched to some call as it seemed stretched. Loop Capital called it a hold today. Let.s see how it digests. Holding $114.41-$116 would keep momentum. AMZN was another focus for us. I got pretty big in the $105 area and then sold the rest into the $113+ area last week. Now, we\u2019ll see if it can build a bull flag above $109ish to give us more opportunities. META is trying to set up again after hitting a high of $244 a few weeks back. Some are long vs. the $229 gap pivot. If it can get and stay above $238, maybe it gets some active momentum back again. Loop Capital raised it this morning. TSLA couldn’t hold the Friday gains even with Elon saying they will have a new Twitter CEO faster than some thought. I did sell most of mine into the $177 gap fill. Then it failed to hold $174 with a low of $166ish. It’s flattish this morning. It\u2019s hard to tell what\u2019s next. If it breaks and stays below $166ish, the bears will growl loud. I’m just going to watch it for now. NVDA is trying to hold the 8 day. This tech market leader can give clues to the week. It needs to hold the $280 area. Otherwise it can see downside. A move above $292ish tells us we can still have some special moves. Friday’s high is $287ish. Scott Redler Positions Disclosure as of 2023-05-15 at 8.26.28 AM<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-67983","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/67983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=67983"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/67983\/revisions"}],"predecessor-version":[{"id":67987,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/67983\/revisions\/67987"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=67983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=67983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=67983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2023\/05\/Screen-Shot-2023-05-15-at-8.26.28-AM.png\")
<\/p>\n","protected":false},"excerpt":{"rendered":"