Welcome to this week’s trading breakdown! We’ll kick things off with a walk through the futures and crypto landscape, before jumping into a rapid-fire review of individual stocks that look interesting, questionable, or outright avoidable for swing traders.

Strap in—let’s get started.

Opening Check-In: Where’s the Market Headed?

Let’s take a quick look at the futures to set the context for the week ahead.

S&P 500 and Nasdaq Futures: Weakness or a Bump in the Road?

We start on the left with the 1-hour chart of the S&P 500. Underneath is the Nasdaq, and on the right, we have a 1-minute timeframe. Now, I don’t usually hang out on the one-minute chart, but when a new session kicks off, it pays to zoom in on the details. You want to catch those first signals before switching out to the 2, 5, or 10-minute charts as action develops.

So far, futures are showing some weakness. But honestly, there’s nothing dramatic to worry about yet.

“It’s nothing really to be worried about. This is the daily VWAP, this is the brand new one. And this of course will become the week to date volume weighted average price as well.”

We initially sold off, but now we’re fighting to hold key levels. Above that blue line? That’s the month-to-date anchored VWAP. The orange is the five-day moving average. As long as we’re above a rising five-day moving average, the market looks “innocent until proven guilty” for swing traders like me.

Key Levels to Watch

For both the S&P and Nasdaq, keep an eye on the recent pullback lows from last Thursday. If we break those, maybe we get deeper selling. But for now, it’s just a little noise while we stay above some key support.

Bitcoin and Crypto: Consolidation or Breakout?

Let’s move over to crypto—it’s always got its share of action!

Bitcoin: Bouncing from the Anchor

Bitcoin looked like it was breaking down, but that was a fake-out move. It shook out to an anchor we’ve been watching the last couple weeks, and buyers showed up right there. Classic move.

My best guess? We might get a period of consolidation, maybe even form a “shoulder-head-shoulder” pattern before making a new run-up past that $66.5K level. Cross that line, and we could see a real shot at those all-time highs.

“Remember: big levels draw attention, but trade what you see—not what you hope!”

Ethereum: Still in Hand, Still Just Watching

Still holding some Ethereum. I’ve got an alert at $2,300 to tell me if we break down below that level, which is when I’ll need to make a decision. For now, ETH is “trying to hold the anchor,” but it’s also printing a pattern of lower highs and lows. Not great, not terrible—just something to watch.

Solana: Bouncing off This Year’s Lows

I do own some Solana, as mentioned before. The level to watch? About $140. If it breaks there, I’d get cautious. Got my alert set at $145, just to be safe. As of now, it’s holding steady.

Stocks Spotlight: What Traders are Asking (And What I’m Seeing)

Now, let’s dig into the stock tickers you all keep asking about. The good news? Most of the crowd’s attention stays on the liquid names, so your question likely overlaps with someone else’s.

Let’s go name by name, breaking down what’s working, what’s not, and how I see the tape for the coming week.

1. Unity (U)

Technicals:

• Weekly Chart: Trying to resolve a big zone of prior support (2023) that may now act as resistance as we trade through 2024-2025.
• Moving Averages: 20-week MA rising above the 31-week and 42-week MAs. That’s bullish, but…
• Daily/Intraday: Big push higher recently came on big volume, but price is under a declining five-day moving average. That needs to change before I get interested on the long side. 

“For now, there’s no hurry to get involved in Unity. Let it settle down and flatten out that five-day moving average. Worth keeping on your radar, though.”

2. Ford (F)

Let’s be blunt: Ford hasn’t exactly thrilled anyone recently. Ran up to the previous year’s anchor and stalled.

• Weekly Chart: “Found on the road dead” might apply just as much to the chart as the cars.
• Short-Term: Maybe a pop to $10.75 with a tight stop, but upside is pretty limited. 

“I don’t really see anything compelling here. On a longer-term chart, it’s just not worth my attention.”

3. Light & Wonder (LTBR, “Light Beer”)

• Volatility: ATR% is 14.4%—that’s huge! If you don’t have a handle on risk, don’t even think about trading these high-octane names.
• Setups: Wait for a pullback, higher low, and tight stop. But honestly, you must be quick and disciplined—otherwise, you’ll get smoked.

4. Hertz (HTZ)

• Status: Still below key moving averages (declining 5 and 20 day), at the rising 50-day and year-to-date anchor.
• Gameplan: If it gets in the neutral zone and holds, maybe base and push higher. If you want to get involved, worst case stop is under Friday’s low.

“If it continues lower, that low isn’t a place to hide your stop. Let it rebuild first if it gets taken out.”

5. Snowflake (SNOW)

• Big Move: $120 to $210—that’s a 75% climb!
• ATR: 3.5% (lower than you might guess, given the price moves).
• Now? Not a low-risk spot for fresh longs. Maybe it can keep running, but chasing after a 75% move isn’t for me.

6. Doximity (DOCS)

• Range: Been bouncing between $50 and $60 for months. Just ran from $50 to $59 in two weeks (18% move).
• Near Term: Hitting a wall of potential resistance at $60-61 (prior support zone and year-to-date anchors).
• Best Odds: Wait for a pullback, higher low, and daily base. Up here, it’s getting “stretched.”

7. Tempur Sealy (TPX)

• ATR: Wild! 10% average true range—a true “schizo” stock.
• Plays: If you must, use small size and tight risk. But most traders should skip the mental hassle here. 

“If you’re going to trade stocks with a 10% ATR, you’ve got to be highly skilled. Otherwise, they’ll eat you alive.”

8. American Airlines (AAL)

• Consolidation: Nice setup, possibly a buy-the-dip candidate for swing moves up to the year-to-date anchor.
• Risk-Reward: Needs a pullback, then buy on some strength with a reasonable stop.
• Big Picture: Just not my favorite given the choppiness and the “crazy” personality of the stock.

9. Fastly (FSLY)

• Moves: Shakeout last week, back above five-day MA, but overall it’s been erratic.
• Entry: Buy on strength as lower highs break with a stop under key lows.
• Perspective: Swing trade setups—keep those stops tight!

10. Gerr (GER)

• Recent Run: $17 to $23 in three days (30% pop).
• Supply Zone: Watch for resistance at the year-to-date anchor.
• ATR: 10%—another high-volatility play. 

“The sword cuts both ways with these names. Know your risk, or skip ‘em.”

11. SEP New (SEPN)

• Volume: Trades 2.7M shares per day.
• Setup: Above the year-to-date and IPO anchors. If it clears the IPO anchor, could run towards $16. Earnings on June 26th, so just be aware.

12. AVDV (Small Cap Value ETF)

• Trend: Beautiful uptrend, riding the rising five-day MA.
• Entry: Personally, I wouldn’t buy after a run like this. But if you’re in, manage risk and keep stops under the most recent relevant higher low.

13. Microsoft (MSFT)

• All-Time Highs: From $350 to $470 (up 35%).
• Stretch: Look for a pullback, then buy on strength—or just ratchet your stop higher if you’re already in.

14. Regeneron (REGN)

• Biotech Mess: Just broken down. In a horrific downtrend.
• Institutions Dumping: When a stock trades 1.6 million shares a day and collapses, that’s big money leaving.
• If you must: Only consider above a recent swing high, with a stop below last week’s low.

“Why focus on buying something in a downtrend when everything else is bullish?”

15. Affirm (AFRM)

• Getting Stretched: Moved into a supply zone. Wait for a pullback, then buy strength with a stop under a higher low.

16. MongoDB (MDB)

• Declining Moving Averages: Gapped up, then sellers took control.
• Where to Watch: Keep an eye on anchors from the major event/gap. Sellers in charge for now, so don’t force it.

17. Apple (AAPL)

• Choppy Mess: In no man’s land right now.
• If you must: Put a stop under Thursday’s low, but honestly, there’s probably better trends out there.

18. UAMY (US Antimony Corporation)

• Personality: Insane volatility. Pulled back to the 20-week moving average then rallied 50% last week!
• Setup: If you’re long, raise stops. If you’re looking for a buy, wait for a pullback and a bounce with a tight stop.

19. Lilly (LLY)

• Broken Downtrends: Been in a downtrend since 2021.
• Moving Averages: Below the 20, 31, and 42-week MAs.
• My Take: There are better opportunities out there. Skip for now.

20. Mobileye (MBLY)

• Setup: Erratic, but possible momentum above resistance.
• Short Interest: Big, so watch for squeezes.
• Personal Position: I got involved with a small size—volatility makes me cautious.

21. Albemarle (ALB)

• Similar to Tesla: Testing 20-day moving average and a big support area.
• Gameplan: If it can recover above $94, it’s neutral. Otherwise, wait for it to “settle out” and hold support. Not ready yet.

22. Digital World Acquisition (DJT)

• Political Backdrop: Major headline risk every day.
• Technical Setup: Support broken, now acting as resistance. Need it back above $22.75 to get neutral.

23. Celsius (CELH)

• Trend: Higher lows, above month-to-date anchor and five-day MA.
• Gameplan: If you’re in, stop under $39. If you want in, watch for a pullback and bounce.

24. Target (TGT)

• Trend: Broken stock, in a long-term downtrend. Not much to get excited about.

25. The Honest Company (HNST)

• Choppy: Not much stands out for a swing trade.

Macro Events to Watch This Week

Don’t forget, we have CPI and PPI releases on the horizon. A handful of earnings reports are scheduled, with Oracle in the spotlight. Apple and Nvidia have news and investor days coming—always good for potential movement.

What Did We Learn? Final Thoughts

This week’s breakdown underscores some classic swing trading principles:

• Respect the Trend: Rising moving averages and higher highs/lows are your friends.
• Don’t Chase Stretched Names: Wait for pullbacks and buy strength.
• Know the Personality: Some stocks “behave” better than others—understand ATR and avoid emotional rollercoasters unless you’re a seasoned trader.
• Manage Your Risk: Always know where your stop goes and keep position size in check for high volatility names.
• Avoid Broken Downtrends: Focus on stocks making new highs, not those stuck in multi-year ruts.

“Hopefully this was useful to you. Thanks for taking time out of your evening and hope you have a good week of trading.”

Got More Tickers?

If your favorite stock wasn’t mentioned, chances are it’s trading like one of the examples above. Remember—every setup is a little different, but the basic principles of trend, risk, and personality always apply.

Good luck this week—trade smart and stay nimble.