From my “Recent’ watch list, here are eight charts I wanted to share. The first seven are basically bearish setups but tend to be prospective as opposed to real. The first, Cava Group, would make an appealing short if it managed to close its price gap.
Here is CoreWeave, which threw off great profits for me, but I sense might be oversold for the moment.
Hims and Hers is a current position of mine, and it’s got a terrific H&S top.
IonQ Inc. would make a terrific short if it rallied to that horizontal resistance line.
Nano Nuclear would likewise be a great short with a push back toward the overhead supply in pink.
As with IonQ, D-Wave would be a cool short with a rally back to the horizontal.
I’m already in Rubrick. It might rally a bit early next week, but I think this sucker’s doomed.
Lastly, an honest-to-goodness long position, Rivian, which I think has a terrific long-term future.
