Weekly Watchlist: Key Levels for $QQQ, $MAGS, $AAPL, $MU, $AMZN & $TSLA

The market rebound is creating opportunities, but each chart is telling a different story. Here are the key levels and setups I’m watching:

🔹 $Invesco QQQ(QQQ)$
The bounce from the lower Bollinger Band lacked conviction, similar to several recent failed rebounds. The 200-day moving average has held as support.

• Key level to reclaim: $693.80

• Downside levels: $686, $680 and $674

• Momentum remains weak unless price reclaims $693.80.

  

🔹 $Roundhill Magnificent Seven ETF(MAGS)$
Have the Magnificent Seven finally come to the rescue? The bounce from the lower Bollinger Band is consistent with previous rebounds.

• Key support: $69.40

• Bullish above $69.40

• Next hurdle: 20-day moving average

  

🔹 $Apple(AAPL)$
As anticipated, the move below the lower Bollinger Band favored buyers, making short positions extremely risky. The rebound was fast, but the stock is overbought again.

• The $334 price gap remains a potential upside magnet.

• My daily email covers the exact levels to navigate momentum and protect long positions. Link in bio.

  

🔹 $Micron Technology(MU)$
$MU may be finding a floor after finally touching the lower Bollinger Band.

The overnight sell-off could push price below both its daily and weekly bands tomorrow, potentially triggering oversold signals.

🔹 $Amazon.com(AMZN)$
The stock reached the $267 extended bullish target after previously targeting $254, despite post-earnings headwinds.

• Weekly gain: +10.7%

• The key focus now is whether price loses the levels identified in today's daily note. A breakdown would validate the shooting star candle as an active bearish reversal signal.

  

🔹 $Tesla Motors(TSLA)$
The $377.30 gap has been filled, clearing the way for buyers.

• Next upside target: $396.50

• Some turbulence may come before price reaches that level.