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. 🧠📈

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet