Each afternoon, real setups are broken down with entry strategies and the technical reasoning behind every trade. This is today's best trade setups with verified investing. >> Welcome to today's best trade setups. My name is Benjamin Poole, head trader here at verifiedinvesting.com. We have a wild market. There are a lot of semiconductors that are ripping today, but there are also stuff stocks like Nvidia who are actually getting a sell-off with the SOXX continuing to inch lower as well. I have some long levels for you guys and some short levels based on the extended moves either to the upside or the downside. Let's go ahead and jump into the first chart that I'm going to go over is the chart of USO. So here's a up sloping trend line, pivot low here, secondary hit. And I know it got below here on this pivot, but this gave us a little bit more information. So I've connected these three trend lines together or these two pivots three pivots and drawn where the next level support is. If we can get a drop down to $138.60, this is not only a gap in the charts, but also a fourth hit of this up sloping trend line. On the short side, we do have this gap in the charts sitting at about $152.93. I know on my charts I have $151.26 as far as my resistance level. I still like this 151.26 as a swing short. However, I would wait for a day trade which means I'm allocating more of my position or my portfolio to it at 153.02 if we can get another push to the upside. Bloom Energy, look at this move. Just parabolic from the lows right here at 242 bucks. In 3 days you're up 31%. That is incredible. Pivot top here. Secondary hit. We're getting right up into that third hit of this up sloping trend line. This is your shortable level today for a day trade, $320 pierce, and that is where you enter. Could also be the beginning starting or the starting point of a swing trade short. What you would be looking for is any close above this up sloping trend line on a daily closing basis with confirmation, then you're looking to stop out cuz eventually if it does close above and confirms a break to the upside, then you're looking at a $350 whole round number psychological level for additional resistance. And so for me, I wouldn't necessarily want to dollar cost average into this. I would wait for that next leg to the upside about 350. SOXX had this nice shortable level yesterday. I did mention I was in the short on this at $518.02. Got a nice rejection, and then all of a sudden today it had a huge surge to the upside and hit my secondary target this morning at 522.21 for an additional short. Right now, as I'm recording this, we're getting a little bit of a sell-off. We're slightly negative on the SOXX. What we need to happen is we need to take out the lows of the day sitting at $515.08. Once that happens, we can start or continue the sell-off. Because these two levels have already been hit, the next level of resistance I'm looking at on the SOXX would be sitting at $530. So if it does decide to push to the upside with Nvidia pushing up, and I'll show you that chart here in a second, then that is the level I'm looking to enter this for a short for a day trade. Nvidia is getting a little bit of a pullback. This morning it had a nice surge to the upside. It got up to as high as $227.42. With this sell-off, it's a pretty substantial sell-off from that high. $216.61 is where I'm looking to day trade this. Got a previous gap in the charts that's already been filled. However, this is still going to be a ton of support on the chart of Nvidia. That's a day trade. If we can break into this break below that gap previous gap, you have this pivot top or pivot low here, secondary hit, third hit. I would be looking for a swing trade at $212.42. It's going to take a couple days for us to get into that um that basically that confirmation zone or confluence zone right here at $212.47. But once it does, that is the third hit of this up sloping trend line, so it does favor a move up. QBTS has some real positive news. Uh the US government is taking a minority stake in this thing. The government gets involved and all of a sudden you get this nice rip. Right now, our resistance level is sitting right here at $24.77. As you can see, it's already hit that level, got a minor pullback. What I'm looking for is a break above this resistance level, confirmation, and then I would look to play this on a long play at $24.77. On the downside, if we get a sell-off, I'm looking to pick this thing up at $19.31 on the chart of QBTS. Into it. Here is a chart that's getting hammered today. Had this nice breakout of this down sloping trend line, retraced to the scene of the crime perfectly, and then got a nice bounce. All of a sudden, earnings came out. Where did it get its bounce? You zoom way out in the charts. You've got this major pivot right here. As you can see, it had a huge sell-off. Price action got back above it. We got rejected again, got above it again, and then all of a sudden it was support. This tells us there's a ton of buyers sitting at 306.61, or at least a lot of price action. So, for a swing trade, this is a great opportunity if in the next 3 days it can stay or maintain this level. I'm not interested in swing trading this for a long play yet because it does require 3 days for price to settle in. If it does get down to $283, which zooming out in the charts again, you can see there's additional support right in this area. So, if it does close below 306.61, you're likely to head all the way down to 283.26, and that's where I'd begin my entry price for a swing trade. ARM is having this nice surge to the upside, similar to what's going on with Bloom Energy. You got one day up, gapped above, another day up. Today is the third day up in a row. I have on my radar $288.34. This is my swing trade level for a short. Day trade, anything above $282 all the way up to $288 is your day trade level. This is overextended. 3 days. 35% move from its current price right now. 35% move, this is due for a pullback. Yesterday had a nice pullback towards the middle part of the day. A lot of profit takers took in took over before this gap up in the charts today. Uh I did mention $260 pierce was going to be my level for a rejection yesterday. Never got up there, and but look at it gapped up above that resistance, and even sh- shot up even higher. So, I'm really liking the chart of ARM. DE on the other side is getting a nice drawdown. I have this low pivot point in the charts, as well as all this previous price consolidation at $507.74. If we can get another 1.76% pullback, this is my entry point for DE for a day trade. Again, it did have earnings, so I would be waiting for a few more days to see what where price settles in. Uh likely heading all the way back down to about $488, which is why 507 is my scalp level today for a nice day trade. B E K K E is also having a nice drawdown today. You have this gap in the chart sitting at 16 bucks. If we can sell off a little bit more, that is the area that I'd be interested in going long for a day trade, but this would be just a minor position. I wouldn't go as heavy as I normally do because there's a a secondary gap right below it at $15.79. And I would look to dollar cost average um that would be my ad level knowing that I would just stop out of that on a 15-minute closing basis below that on B E K E. Last but not least is H O G. I have a couple different trend lines. Let's switch to the weekly time frame. Show you give you a little bit more of a clear picture on where these trend lines are coming from. So, you have this low pivot point here. Secondary hit. Here was the third hit. You got a really solid bounce off of that level on the weekly time frame. Next up something trend line that I I'd put in is this low pivot. Secondary pivot. Third hit. No bounce. However, we got a nice drawdown to the lower end of this up sloping trend line. And then we got a bounce. Now, we're above it and confirmed back above this down or this up sloping trend line. So, switch to the daily time frame. If we can get a nice pullback, here's your entry price for a day trade right about $22 on the chart of H O G knowing that it could head all the way down to this low pivot at $20 and 45 cents. So, this is something that I'd be a little bit more conservative on. Go with like a 1/20th position. Dollar cost average all the way down to these low pivots. Once price action does get below this up sloping trend line though, watch out because the bottom isn't in and I would wait for a pierce of $18 to re-enter this for a swing trade on the chart of H O G. So, that's what I have for you guys. Thank you so much for tuning in and thanks for all the comments. I really appreciate them. If you guys are getting something out of this, please make sure you're hitting that like button. Go ahead and follow, subscribe, and then ring that bell so you can get notified at 12:30 when this video goes out. And then consider subscribing to the other um the My Trading Game Plan by Gareth Soloway, and then Trading the Close by Drew Dosik. That's what I have for you guys. You guys have a great rest of your day, and we'll see you guys in the charts. Take care. >> Yeah.