Trading Plan | Week of August 17th
New highs for the Nasdaq are in sight. Diving back into the AI trade and managing entries.
TLDR: The market is not showing signs of a top and the key moving averages on the Qs are moving into order. We stay aggressive on strength while using the 21-day as a line in the sand. Multiple holdings plus a short list of actionable names this week.
Welcome back to the Weekly Trading Plan. Here’s what we’re covering:
Market Pulse. Moving averages getting into order and what that means for aggressiveness.
$SNOW [HOLDING]
$HPE [HOLDING]
$CIBR [HOLDING]
$TEAM [HOLDING]
$NVDA [HOLDING]
$SHOP [HOLDING]
$OSCR [NEW]
$STX [NEW]
$PWR [WATCHING]
$TWLO [WATCHING]
$NTRA [WATCHING]
$ABNB [WATCHING]
Closing Thought. Trade the market in front of us.
How we trade these names. This is not financial advice. Be sure to do your own research. Managing risk should always be your priority, and that means never blindly buying into names you see on a newsletter. Build your system and follow your rules.
