Daily Hot Stocks - TSLA, RDDT & SMH
Tesla is down again… but the real move is coming.
Today’s close was ugly, and we still don’t have confirmation of a higher low—which means the breakout isn’t here yet.
Daily BX still showing HL and $285 MUST HOLD today for the bulls.
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Short term bounce coming in at support.
Daily BX showing HL two days in a row which is a great sign.
That said, I think there a good chance this is short lived and reject at $200 - $220
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3. $VanEck Semiconductor ETF(SMH)$
SMH has looked ugly the past few weeks, but there’s still hope.
Right now, price must hold the $220-$225 support zone—if not, we could see a serious breakdown.
🚨 No confirmation of a bottom yet.
We need the Daily BX to make higher lows before considering an entry.
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