Google Breaks All-Time Highs: Plus 15 Trade Setups!

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 Pool, head trader here at verifiedinvesting.com. We're going to just jump into the markets right now. The first chart that I'm going to go over is the S&P 500. It has actually getting a little bit of a pullback today with the chart of US oil continuing to rise a little bit. So, I have a couple of different resistance levels for the S&P 500 as well as US oil. First chart, S&P 500, up sloping trend line we've been tracking for some time. I have my shortable level today if we can head up to $718.53. That is a re- another hit of this up sloping trend line, so I do anticipate a pullback off of that level. This would be more for a day trade. And actually, that could be an entry point for the beginning prices of a swing trade as well. Now, let's jump into the US oil chart. And this is actually what's causing the S&P 500 to sell off a little bit. I was mentioning this couple of different resistance levels, 134.40. That was a pre-market high before this big sell-off on the USO chart. Then we got close to this gap in the charts at $137.99. So, if it get does get there by 3:00 p.m. today, 137.99 is that first entry point for a potential short opportunity for us for a day trade. This is starting to set up pretty nicely for a potential swing trade short on the chart of USO as well, knowing that I've got additional resistance at $141.37. Oracle was pushing down. I did mention this gap in the charts on the last video at $169.81. This was a great opportunity, got a nice bid to the upside, and then we got a flush out today. Now that this 169.81 level is has been hit several times, the probability shift to a long level at 163 even number. This is a gap in the charts where I do anticipate a bounce. So, if we can get a a nice sell-off in Oracle, 163 is where I'm looking to play. And again, similar with the other charts, this has to happen by 3:00 p.m., but I do have a long level at 163 even. Jumping to the charts of AMD, AMD yesterday had this huge surge to the upside. It looked like this was never going to stop. I did mention $350. Not only is this a great opportunity for a key psychological level, but we're also getting overly extended on the daily time frame. So, it does facilitate a potential pullback. Now, we're having a decent pullback today, not a huge sell-off from the $350 level, but I did uh say that this is a great level for a short opportunity. And as you can see, it's getting a nice um sell-off this morning. If we get down a little bit lower, I have this up-sloping trend line, pivot low here, uh excuse me, pivot top there, pivot top there. Price did get a little bit of a rejection off of that pivot. And then all of a sudden, we have this huge move to the upside. I do anticipate it coming back in, and if we extend this trend line out, we're looking at a pierce of 300 bucks. So, this is not necessarily a long level, but this is where you could remove your swing trade short on AMD if you decided to get in at that $350 psychological level. If price action does get above this level, your next level resistance is going to be 375, and then really the max upside for me on AMD before at least a 15 to 20% pullback would be the $400 whole round number. Eli Lilly is getting into a nice long level. This down-sloping trend line has capped price action, pivot top here, secondary hit, third hit. Look at how many times price has gotten rejected on this down sloping trend line. We also have a pivot top in this area on the chart of Eli Lilly at $858.13. For me, if it can get down there today, this is my long opportunity for a day trade. Swing trade bases, I would like to see it come down into about $793.86. Or what I would like to happen is price to stay above 585, excuse me, 858.13, get to this down sloping trend line, break above, confirm above it, and then wait for a retrace back down to $858.13. That's the ideal situation for a swing long. Now, it does have a couple days to go, right? Or couple weeks to go before it gets into that basically the the crex of that wedge pattern. But, this is where I'd love for it to head down to, break out, confirm, and then retrace. The nice thing about that is it would give me a clear entry point at 858.13 and a clear stop out if it does close below this high pivot point on a daily closing basis, or it fails to break this down sloping trend line, then I would reenter it or look to reenter it at 793.86. Nvidia is pushing higher. That eight that $210 level that I mentioned yesterday on excuse me, on Friday had a nice rejection. Not got about a 1% pullback. So, not a great rejection, but great for a day trade. A 1% pullback on an overextended chart like this is a great move. Now, we're starting to approach this $212.19 level. We're getting overextended from this low pivot point from the 30th of March. That is a 30% move to the upside on a five trillion dollar company. That is a massive market cap addition to the chart or to the stock price of Nvidia. This is the entry point for a swing short. It is overextended. Doesn't guarantee that there's going to be a pullback. After the $212 level, I'd be looking for a pierce of 220 or 225 for an add on this trade if it does get up to this level. Now, keep in mind, just because this is a swing trade level, doesn't necessarily mean it's also a great opportunity for a day trade. And the reason I don't necessarily like this for a day trade is because it got close to that level not only yesterday on Friday, but also already today. And so for me, even though it's a swing trade, it's not necessarily great for a day trade because if if it does go 1% or 2% above that double top area on a day trade, that can actually be a huge loss. Whereas if you're swing trading and it goes about 2% above it, it's a minimal loss on your chart or it's a much smaller percentage of your portfolio. So, that's why it's a swing trade, not necessarily a day trade. All right, AVGO. And I have a lot of stocks, so I'm going to go over them pretty quick. We have this topping tail that happened on the 23rd of April 2026. We got a 50% Fibonacci retracement, a nice rejection. What I'm really monitoring is this up sloping trend line pivot low here. Price consolidated, tried to get below. As you can see, it did close below at one time, but then price got a nice bid to the upside. Another hit. Another hit. Finally, looks like today we may break this up sloping trend line. Doesn't necessarily mean that the top is in on AVGO. What I'd be looking for is a closing price below this up sloping trend line, a confirmation or another bid or a move to the downside. Maybe it gets down to $406.37. If it can do that in two consecutive days, then you wait for a retrace back to this topping tail if you're not already in. If you're already in on this topping tail, congratulations. You're already $10 in the money per share. But for me, I would wait for a a continuation move to the downside and then a retrace to the scene of the crime. The nice thing about playing a retrace is if it does get above this topping tail, doesn't necessarily mean that you stop out. It just means this is your entry point that's above this topping tail. And if it does recapture this up sloping trend line, you can just always stop out. On a day trade basis, what I'd be looking for is a little bit push um more of a push to the downside. If we get down to about $402 or pierce at 402, I would look to enter ABGO on a day trade basis just because there's a gap in the charts with a not a huge sell-off from this top right here, but big enough that you should get a lot of support if it does uh get into this gap on the charts. Charter Communications, I did mention yesterday or I say yesterday on Friday I'm looking at $180.38. On a 15-minute closing basis, that would be your stop out level. And this was a day trade. As you can see, price action did get below it, got a nice uh bid to the upside, and then all of a sudden for a day trade, you would have gotten about a 2% move to the upside. That is a great opportunity or a great trade for a day trade. It never closed below until this candle, but you would have already taken profits right underneath this resistance level. So, that would have been your exit, and now all of a sudden we're pushing down a little bit more on CHTR. TXN another great opportunity for a potential short would be $300. I know we're getting a nice sell-off today. So, it got up to $288 and has fallen 7% from the highs. If it gets back into about $260 because this up sloping trend line was resistance, now that we're above that, this is going to be support. Not only do you have this up sloping trend line as support, but you've got this opening candle of this green mark at $260. So, on a day trade basis, by 3:00, I would be interested in picking this up at a price of $260. Swing trade, I'm not looking to go long on TXN at $260. I would actually be waiting for another push to the upside, and I would enter a swing short at $300.25. If you are in for a swing trade, what you're looking for is this up swinging trend line to break, or price action to break this up swinging trend line to the downside. Once you can get that push lower, then you're likely to come back into this um area right here about $231.27. Overall, TXN is way over extended, even though they had good guidance, as well as um good earnings. Dell Communications, I'm still wanting price action to head up to $232.16. That is where I'm going to add to a potential short trade, knowing that this is the upper end of the parallel channel. As you can see, price is consolidating right at the midline, so it does favor a continued push higher. However, if we can take out this $210.28 level, and recapture the lower end of this parallel channel, you're heading all the way to the the bottom end of about $196.69. And it really depends on when this up swinging trend line is is hit again. Dell is over extended. It is due for a pullback, but doesn't necessarily mean it's not going to go up to $232.16. On a day trade basis, I would if it gets up to this up upper end of the parallel channel around $230 today, this is where I'd be looking to enter a swing short, or I mean a day trade short. STX is having this nice move to the upside. What I'm monitoring is this up swinging trend line right here. You got this pivot low here, secondary hit. The thing I like about the secondary hit is it kind of merges two different trend lines. Not only puts a solid level on this up swinging trend line, but look at this secondary up swinging trend line. Connect the pivot low or pivot high here. Secondary hit. Third hit got a little bit of a rejection after it closed above. And then all of a sudden, you re-hit this again. And so this was an up-sloping trend line that gave you a lot of support on STX, which means that now that we're above it, price action gets into about 200 $542.90. Again, depending on when it hits, you should get a lot of support. For you bears out there, and which I am on STX as well, I'm looking for price action to get recapture the downside of this up-sloping trend line. And then we're going to see a sell-off to at least $468.85. Right now, if you did get in about 600 bucks, your next level of resistance is going to be a key psychological level at 625.76, somewhere in that area. Doesn't mean that it can't go up to 650, but that's going to be my next resistance level. And if STX does get to 625.76 today, that is my daily shortable level. I don't have any longs. If you're aggressive, you can play this gap in the charts at two $560.29. GEV had this nice rejection. Couple different trend lines I'm monitoring on GEV. The thing I like about um having a a trend line that goes back as far as GEV does, is it gives us not only support and or resistance levels. And as you can see in the charts, we have a couple of um different trend lines that go back um about a year. Here's this up-sloping trend line, the first one. Pivot top here. Secondary hit. Third hit. And as you can see, price action got above it. I love it when up-sloping trend lines get a bid above up-sloping trend lines. This usually signifies to the bulls to jump on board. And that's exactly what happened here on GEV. It did push up a little bit more, and I was actually looking for a pierce of $1,200. However, put in this nice little doji. This is not a topping tail because the closing price closed a little bit too high. But now all of a sudden we've recaptured this up sloping trend line to the downside. Your next level support is going to be the secondary up sloping trend line. Once we break that, you're coming back into the shelf at about a thousand dollars. Not necessarily a swing trade level, but if you're short, this is what you're looking for price action to do. Price action to get rejected or recaptured this down sloping trend line. Excuse me, up sloping trend line and then get into this pivot top. Couple different opportunities for uh buy levels if you're aggressive. So what I'm going to do is I'm going to take this pivot low right here. Secondary pivot here, third pivot. Now, if we can get price action to get below this up sloping uh excuse me, this price shelf basically where they put in bullish consolidation, your buy level would be right here about 875 bucks. Knowing that you could always stop out if price action does close below that that trend line. And then uh it would signal to the bears that it is time to really push the pressure on the bulls. Google had a nice push to the upside today. We did get above double top or all-time highs. This is a great opportunity for a potential swing trade. Now, doesn't guarantee that price action is going to stop there. What I would be looking for is this up sloping trend line that connects this pivot low here, secondary hit, third hit, fourth hit. Price then got rejected off of this level. So this up sloping trend line is going to be resistance. And I have to move this a horizontal resistance level, and it really depends on again when it hits this up sloping trend line. But if we can get up all the way up to about 386 dollars and 53 cents, that would be an an additional add level on the chart of Google. I do think that we're overextended. This was a pretty substantial move on Google. I mean, overextended 28% from the lows of 30th of March. That is a crazy move. You don't see that happening in the chart of Google without any decent pullbacks. Even after this move to the upside, that was a 21% move to the upside, and then you got at least a 10% rejection. And then you had this other move to the upside, and then that's when you had the bigger fall. So, once things get overextended like this, then the it the probability shift to instead of a move to the upside, more of a move to the downside. And so, that's why I'd look to take advantage of a potential short opportunity right here at this double top with additional add levels on the way up. So, your next level of resistance is going to be this upswing trend line, 386.53. ARM did have this nice sell-off today. My shortable level, if it gets up, is $234.81. On the downside, if we get a continued sell-off, $204.61. Those are your support levels. 234 could be at the beginning part of a swing trade short, knowing I've got this additional resistance at 250 bucks. Qualcomm had this huge move to the upside, and then all of a sudden it came back in, filled the gap, and dropped a little bit lower. I like to identify previous gaps in the charts. And as you can see, this was a pretty solid gap on the chart of Qualcomm. And so, that's why we're getting this nice bid at $147.18 after it got below 148.85. On a day trade basis, if it's already um since it's already pierced this 147.18 level, if we do get a continued sell-off on Qualcomm, 144.61 is that level that I would start inching into a day trade, knowing I've got the additional support at $143.48. So, I'd basically add one time. If it does close below 143.65 on a 15-minute closing basis, that's your stop out level. Last but not least, SanDisk is having this nice push. So, I've got the logarithmic charts on right now, and it's in a nice parallel channel. Now that we're above 1,050, what's your next level of resistance? Well, it's going to be 1,100 bucks, and then 1,200 bucks. And then, because of this logarithmic chart, as you can see, this level had been resistance before, which means that if it can get back up to about 1,300 and $36 all the way up to 1,350 bucks, this is your swing trade short level on SanDisk. Now, this is way overextended on the daily time frame, the weekly time frame, the monthly time frame. It is overextended, but that just Just because something is overextended doesn't mean it can't continue higher. So, for SanDisk, this is one if I was inching into this trade, I would start with a smaller percentage of my portfolio, and give this room to run. So, if it does go up, you know, 10%, then you would add to your position. So, that's over a $100 move to the upside, which means that if you start with a 1% and add $100 higher, and then it goes up another 100 bucks, another 10%, then you've got about a 4% of your portfolio allocated if you're bringing your average price up and doubling your position every time. One um then, you could bring your average price up $100 off of that second one. The amount of um rejection that it needs a 10% move to the downside after that 20% plus move to the upside isn't going to be as significant, because as you can see in the chart of SanDisk, this thing can really push either to the upside or the downside. Overall, again, it's way overextended, but I'm just trying to let you know that just because it's overextended doesn't necessarily mean that it's going to get a huge rejection anytime soon. So, be cautious with these things, especially if you're shorting all-time highs. And there's no buy levels for me. I'm waiting for it to at least come back into about 600 bucks, and that's where I'd be interested in possibly going long. So, that's what I have for you guys. This was a little bit longer video just because the amount of stock tickers that I have. Lots of craziness in the in the markets right now. And that's what I have for you guys. You guys have a great rest of your day. Oh, make sure that you're commenting, you're liking, you're following, and subscribing. And more importantly, ring that bell so you can get notified when these videos get pushed out. So, that way you guys can have the updated information in as close to real-time as possible. So, you guys have a great rest of your day and take care.