A Closer Look at $SPY, $SPCX, $NBIS & $AAOI

Hey everyone! 👋

Here are the key levels I'm watching across a few names right now.

Some are holding support, while others are approaching levels where the short-term structure could change quickly. 🎯

🟢 $SPDR S&P 500 ETF Trust(SPY)$ — Still Bullish, But This Level Matters

$SPY remains bullish and is holding support, but the current VP shelf is critical.

If $SPY breaks below that shelf, I’d expect a quick ~1.35% move lower through the price vacuum.

For now, the bullish structure remains intact—but this is a level worth watching closely. 👀

🚀 $SpaceX(SPCX)$ — Back at a Short-Term Buy Zone

$SPCX is back near a short-term buy zone, with the $130 pivot becoming the key level.

If $130 holds, the setup remains constructive.

If it breaks, the short-term structure flips bearish and the stock could move back toward $120.

🎯 Personally, I’d be waiting around $120 for a long entry.

If buying around current levels, I’d use a stop on a close below $130.

⚠️ $NEBIUS(NBIS)$ — $220 Support Has Broken

$NBIS has now breached the $220 block.

If we don't see a bounce within the next couple of hours, I expect this could move quickly toward $190.

I’ve taken some of my short off the table for now.

If $NBIS bounces and fills the upside gap, I’ll look to add the short back.

🐻 $Applied Optoelectronics(AAOI)$ — Not in My Buy Zone

A lot of you have been asking about $AAOI.

For me, this one is nowhere near a buy zone.

I believe the bull cycle is over, and over the next six months, we could see price redistribute back toward discount levels.

Short term, it could still push toward $180, potentially trapping late retail buyers.

I’d rather remain patient and wait for price to come down into the low $100s.

If that setup never comes, that's fine too.

Sometimes the best trade is simply moving on and finding a better setup. 🧠📈