To The Moon

$Micron Technology(MU)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Some bearish views suggest Micron has a "sky high" valuation. But they tend to overlook that the company's earnings actually support its stock price. Honestly, how can a stock be considered excessively valued when it's trading at a forward P/E under 6?

$Electrovaya Inc.(ELVA)$ I ran a momentum scan across the market and ELVA came out as the pick for a potential continuation play. The minimum price target I'm looking at is around $12.50 for the coming week. Keeping an eye on $Invesco QQQ(QQQ)$  and $SPDR S&P 500 ETF Trust(SPY)$  as well.

$Invesco QQQ(QQQ)$  Seems like the market is moving higher. I'm in some NQ and SPX calls myself. $SPDR S&P 500 ETF Trust(SPY)$ 

$Broadcom(AVGO)$ $Taiwan Semiconductor Manufacturing(TSM)$ I'm buying on dips here. I think these could head back to $500+ in the coming months, and maybe even in the coming weeks once the broader market recovers. TSM reports earnings on July 16th. $Invesco QQQ(QQQ)$ 

$Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$ It's interesting to see futures reacting positively to the renewal of hostilities. It suggests a certain level of perceived weakness. The market can't even manage a single red candle, just a V-shaped recovery across the board with significant buying. That situation might be on the brink of a total collapse.

This looks like a setup worth watching. $Invesco QQQ(QQQ)$  is approaching a breakout from its descending wedge, and if momentum continues, $IREN Ltd(IREN)$  could potentially follow a similar path. The key level to watch is the 50-week moving average. A successful reclaim of that average could signal a strengthening trend. The AI infrastructure and data center growth story remains a major long-term theme, and $IREN Ltd(IREN)$  is a name I'm keeping an eye on. Confirmation is still needed, but the setup is getting more interesting. A potential wave 3 target is at 133%.

$Invesco QQQ(QQQ)$ I have to give credit to the Dubai investors for calling this ascending channel breakout. They have some really skilled technical analysts over there.

$Invesco QQQ(QQQ)$ $ProShares UltraPro QQQ(TQQQ)$ The stock is at $76.53, up 7.5% from my entry at $71.23 on July 8th, and the follow-through looks good. Another positive is that one of the Markov sell criteria will be removed if we don't close below $72.23, which seems unlikely at this point. It has also retaken the 4ema. Things would feel more solid if TQQQ can get above $81.50 to confirm a break above that pennant pattern.

$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Opened some call debit spreads on QQQ at the 708/709 strikes during the intraday low. Could close at $100 and potentially see around 200% gains on the move today.

$Invesco QQQ(QQQ)$ The bears could be in for a pretty rough shake-up.