Weekly Watchlist: Key Levels for $QQQ, $MAGS, $AAPL, $MU, $AMZN & $TSLA
@SmartReversals:
The market rebound is creating opportunities, but each chart is telling a different story. Here are the key levels and setups I’m watching: 🔹 $Invesco QQQ(QQQ)$ The bounce from the lower Bollinger Band lacked conviction, similar to several recent failed rebounds. The 200-day moving average has held as support. Key level to reclaim: $693.80 Downside levels: $686, $680 and $674 Momentum remains weak unless price reclaims $693.80. 🔹 $Roundhill Magnificent Seven ETF(MAGS)$ Have the Magnificent Seven finally come to the rescue? The bounce from the lower Bollinger Band is consistent with previous rebounds. Key support: $69.40 Bullish above $69.40 Next hurdle: 20-day moving average 🔹
