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>> Hey folks, Mick Valdez here for Verified
Investing and today we got to talk about
some major moves in the stock market
including Palantir and we're seeing some
movement with Tesla and we're going to
talk about some key setups that I'm
watching for an upcoming trade folks.
I'll give you my exact levels and even
better, I will tell you how to find
them. Now, the way you can find all of
these trades folks, we're putting out a
lot of setups on verifiedinvesting.com.
Now, this is yesterday because I I will
show you today's setups but I want to
just circle back and look at what we
posted on September 1st. We talked about
Shark Ninja and we talked about Dell.
Now, look at this Dell chart right here.
Look at this Shark Ninja chart right
here. And then folks, I'm going to show
you the exact areas where we're seeing
these stocks hit and folks, these are
some key key levels that ended up
playing out beautifully and I just can't
wait to talk about these and as well as
the upcoming trades. Now, let's go ahead
and share my chart here. This is going
to be Spotify. Now, Spotify was
interesting. This is today's setup. So,
now we're kind of going over today's
here.
And look at this. This is a descending
trend line on Spotify. You can see this
is acting as resistance and we have a
March 6 pivot top. Look at this level
right here. 571 is going to be the
target. Now, let's go back in time. Now,
remember we gave you these levels
yesterday. Look how beautiful this
bounces on Dell. Dude, you're getting a
Dell when more like dude, you're getting
a long entry here and you can see it
came in kissed our level and now Dell
ended up having a nice pop. Now again,
these are short-term trade setups that
we're giving you folks. Let's jump over
to the Shark Ninja chart here. 171
target. We have this ascending support
and we had a 236 Fibonacci retrace. Now,
if you look at that, bam, came into our
target, dipped a little bit below and
then also had a nice pop. So so we're
giving you these setups. Now, put the
Spotify setup on verifiedinvesting.com,
but I also put out another setup, and
that's going to be DataDog. And after
DataDog, folks, we'll look at a couple
of the other major movers, including
Tesla and including Palantir. Like I was
saying before, there's a key level on
Palantir that I have my eye on, folks.
And not surprisingly, we've seen a
little bit of a pullback cuz we also
predicted the pullback. We talked about
that. I want to say in my last charts
video on stocks. Let's go ahead and look
at DataDog. So, DataDog,
where my dogs at, by the way? That was a
DMX reference. Rest in peace, DMX. But,
you can see here, this is the local
really is more so than a local low. This
is the low all the way back to 2023. And
then we have the recent all-time high
that happened not that long ago. This is
in
basically less than a month ago. This is
August. Yeah, so right around a month.
So, very, very recently that we saw
this, August 6th, so
looking at, you know, 20 and some change
here days. Now, this is a 382 Fibonacci
retrace. But, this retrace also really,
really close to this pivot high that
we're seeing on November 11th. And to
me, this is going to be a good entry for
a long. $203 is going to be the target.
Folks, I gave you this setup on
verifiedinvesting.com
as well as the Spotify. Let's look at
Tesla.
Tesla, we talked about this definitely
in the last video here. I said this is
just going to be some pretty strong
resistance. This is the Fibonacci
retrace. You can see came down. We had a
nice little bottom right here, and then
came up 50% away of the move here. And
this is also going to be this pivot low.
370 was the target, and now we're
starting to see a little bit of a
correction on Tesla. Now, might as well
look at SpaceX as well. SpaceX, I don't
really like the setup all that much,
but, you know, we're going to talk about
one Elon company, let's look at the
other.
SpaceX coming into some resistance. Now,
I wanted to kind of wait for a retest
149 150-ish for a short here, but might
not get that level. And if you look at
this descending trend line, you might be
able to see why. Looks like we're right
now we're trying to fight with this
level, fight with this range. And if it
ends up knocking on this, to me this is
going to coil up some energy. And if it
does coil up some energy, in fact, we
might not even want to short when it
comes to 149. It's going to depend on
the fundamentals. Now, let me know down
in the comment section, what do you
think of Tesla and SpaceX? Is SpaceX
going to be by far the most valuable
company in the world? Heck, will they
one day be able to mine gold from
asteroids? I know that's uh, you know,
just one of the potential, let's just
say revenue drivers that that company
can come up with.
Or is it going to be Tesla with its
robots, with its humanoid robots? I've
been hearing some, you know,
rumors essentially.
Things that they're not showing the
public, that these are kicking butt.
These robots can do all types of stuff.
There's recently a robot Olympics. They
said some of these Tesla robots would
have swept gold in several categories.
Now, again, I haven't seen before
myself. Might be scary if I end up
seeing that with myself. Who I don't
know if I want to see a Skynet
Terminator situation. But let's look at
Palantir, everybody. This is Palantir
coming up to some ascending resistance
and then ended up rejecting. We talked
about this level a while ago.
188.46. Basically hit our level. This
was just a gap fill. So, you can see
this opened
up here. This candle right here opened
here and then closed right there. Well,
the next candle would open right here
and then close right there. We did try
to close this gap fill a little bit
later here. Let's go ahead and get our
measuring tool. This tried to close it
about 12 days later, seven trading days
later, was not able. So, this was a key
key resistance for Palantir
Technologies. And then you can see that
nice sharp pullback. But what's the next
level? Well, folks, there is a level.
So, we got the ray. It's not going to be
here. We're not looking all the way down
here. No, we got a better target. And I
want to give a shout-out to Lawton.
Lawton put this trend line on my radar.
This was also a post on
verifiedinvesting.com.
I'm putting out trade setups. Gareth
Soloway is putting out trade setups. So,
definitely go check out that website,
folks. All of it is free. Okay, we're
not charging you anything for these
setups. Now, if you look right here,
look at this nice trend line. You have
the established it right here with then
boom, this creates the trend line.
Found support, turned into resistance,
turned into resistance again, turned
into support. And so now I'm expecting
this level to act as support. Now,
there's another trend line coming from
up here. This one I'm not as big a fan
of. Uh but that might be a level to, you
know, also pay attention to as well.
Probably get a short-term bounce from
that area. I'm going to go ahead and
delete that. So, that's what we're
looking at on the Palantir chart.
There's also a little bit of a move for
Meta, the parent company of Facebook and
Instagram.
You see this is starting to have a nice
sharp move to the upside, 2.42%. And
when you're looking at a market cap of
1.5 trillion dollars, that is going to
be a significant movement in this
market. But right now, kind of coming up
close to these pivot areas right here.
This nice little pivot high. But we do
have a gap. We have a gap fill right
above. It's going to be at 625.
So, maybe around that area we'll be
interested in a Meta trade. And maybe
Meta will trade in some of their
employees for those Tesla robots. Some
say Mark Zuckerberg's a robot. I
wouldn't go that far. You know, the the
Zuck 2.0. He's looking kind of base,
right? He's He's He's on the water, you
know, he's doing jujitsu. But I digress,
folks. Go ahead and smash that like
button. Thanks for sticking around to
the end on this Pro Charts video. We're
going to be doing some crypto charts in
the future video as well on Bitcoin
Revealed. Make sure you check that out
as well. 1:30 p.m. Eastern Standard Time
Monday through Thursday and then on
Friday Crypto Combat. We have a upcoming
episode on stocks. It's going to be very
interesting, folks. You're going to
definitely want to see that. Imagine
trading Apple with 50 X leverage.
Imagine trading SOXL, which is already,
you know, multiplied version of an ETF
that trading with, you know, some 25
some 50 X leverage. It's going to be an
insane show, folks. Make sure you check
that out. Hit the like button on the way
out. Make sure you subscribe to the
channel and I'll see you folks in the
future. Appreciate it very much.