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

PeterDiCarlo
07-18 08:45

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

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  • jaffer
    ·07-18 09:58
    Nice, how about adbe Peter..Any thoughts pls share.
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