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Tech Pulls Back & Movers on Watch - Weekend Watchlist

Humbled Trader's day trading & swing trading ideas

OKTA $112.44

  • This is one of the few tech stocks that are able to break out and hold its gains so far.

  • The stock rallied after impressive earnings beat and guidance for Q1 and FY26.

  • Currently, the stock is testing 52-week high levels from last year.

  • Staying cautiously bullish on this name if its able to hold the KL $108s on the daily.

  • If that area holds up, we could see steady consolidation to test the $116s and new 52 week highs again.

  • Position Disclosure: No position

 

LUNR $8.77

  • The stock plunged more than 24% after another troublesome landing of its Athena spacecraft near the moon’s south pole.

  • Staying neutral on this name with no strong bias. If the $7.8-8s KL holds up, we may see a short term relief bounce back to $9-10s.

  • Please don’t catch a falling knife on this name. Despite Friday’s price actiong etting bought up, we could still see more tumble if the price cannot hold the $7.8-8s KL.

  • Position Disclosure: No position

‎‎

META $625.66

  • Friday’s intraday V shape recovery was quite interesting.

  • After the multi-week sell off with the rest of the market, the stock had retraced back to $600s area on the daily, which was a major breakout level from early December.

  • We’re expecting more market chop and volatility next week. However, we’re leaning cautiously bullish on this name as long as the $600s KL continues to hold up or form a clear higher low on the daily trend.

  • Position Disclosure: No Position

🗞️ Market movers you might’ve missed:

- Walgreens Boots Alliance ($WBA) Walgreens agreed to be acquired by Sycamore Partners for approximately $10 billion, transitioning the company to private ownership.
- How we traded: Backside Long Strategy

- L3Harris Technologies, Inc. ($LHX) L3Harris announced a quarterly dividend increase from $1.16 to $1.20 per share, marking the 24th consecutive annual dividend raise.
- How we traded: Options Swing Trade

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