Smart Money Is Watching $META, $QQQ, $CDNA & $RDW

PeterDiCarlo
07-18

Watching four names where market structure and smart money positioning are creating potential opportunities:

$META remains on watch for an institutional buy zone, $QQQ must defend $700 to keep the bull cycle alive, $CDNA shows how discount pricing can fuel massive rallies, and $RDW is entering a key decision zone.

1. $Meta Platforms, Inc.(META)$

If $META can pull back into Institutional Buy Zone one more time I'm prepared to take a position

Patience in the meantime

2. $Invesco QQQ(QQQ)$

$QQQ Bull Cycle still in play and most of these pull backs usually lead to higher highsThat said,

$QQQ must hold $700

Scary gap below that on the Volume Profile

As long as $700 holds, I remain bullish

3. $CareDx(CDNA)$

Beautiful example of Smart Money Zones in action

$CDNA +230% rally

I closed my position before the extra leg up this week, but textbook example of market structure + discount pricing.

4. $Redwire Corp.(RDW)$

Time for Smart Money to step in $RDW

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jaffer
    07-18
    jaffer
    Nice, how about adbe Peter..Any thoughts pls share.
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