⭐ Weekly Swing Watchlist — 2026-09-13

🧠 GPT Summary of Watchlist

### Summary

#### Strongest Technical Patterns:
- **AVT** and **HPQ** are showing robust bullish setups with both trading at their 52-week highs, indicating strong momentum.
- **SPSC** is particularly noteworthy due to its significant volume increase (355.72% above average) and proximity to its 52-week high, suggesting strong buying interest.

#### Sector and Theme Strength:
- The technology sector is prominently featured with names like **MSFT**, **NVDA**, **AMD**, and **AAPL** demonstrating bullish setups, indicative of broader sector strength.
- Semiconductor-related stocks such as **AMD** and **NVDA** continue to show resilience, reflecting ongoing demand in this industry.

#### Risks and Overextended Names:
- **SNDK** is a potential risk due to its significant distance from the 52-week high (-30.05%), suggesting it may be overextended or facing underlying issues.
- **SMCI** is another name to watch cautiously as it is 20.07% below its 52-week high, paired with increasing volume, which may indicate volatility rather than steady bullish momentum.

#### General Observations:
- No bearish setups are present due to the scanner's filtering criteria. However, caution is advised with names like **SMCI** and **SNDK** due to their substantial drawdowns from 52-week highs, which could hint at potential fading momentum or structural weaknesses. 

Stay alert to changing market conditions, especially for overbought scenarios in high-flying names.

📌 Featured Setups (Top 10 Picks)

Trend Direction: Bullish. The price is nearing its weekly high, indicating strong upward momentum.

Support/Resistance Levels:
- Key Resistance: $498.97 (recent weekly high)
- Key Support: $486.00 (recent weekly low)

Chart Patterns: Potential bullish continuation pattern as the price approaches a breakout above the recent high of $498.97, suggesting a possible move higher if broken.

Volume Context: The average volume of 99,354,678 is robust and supports the current bullish momentum. However, watch for increased volume on a breakout above resistance for confirmation.

Potential Setup: Watch for a breakout above $498.97 with increased volume as a signal for continued bullish momentum. Consider entering long positions on a confirmed breakout with a stop loss below $486.00 to manage risk.

Current trend direction: Neutral, with a slight bullish bias. The price has recovered significantly from the weekly low but hasn't broken through key resistance levels.

Key support/resistance levels:
- Support: $76.84 (weekly low), $80.00 (recent consolidation area)
- Resistance: $89.44 (weekly high), $85.00 (psychological level and potential resistance from past price action)

Notable chart patterns: The weekly candle suggests a potential bullish engulfing pattern if the price continues to rise, indicating buying interest after testing lower levels.

Volume context: The average volume of 3,015,370 suggests moderate trading activity. A spike in volume would be necessary to confirm any breakout above resistance levels.

Potential setup or scenario to watch: Monitor for a breakout above $85.00 with increased volume, which could signal a continuation of the bullish momentum towards $89.44. Conversely, watch for a pullback towards $80.00, which could offer a buying opportunity if supported by bullish reversal signals.

NVDA is currently displaying a neutral to slightly bearish trend. The weekly close at $218.29 is near the weekly low of $217.20, indicating selling pressure. A key support level is at $217.20, with resistance around the recent high of $233.71.

The price action suggests a potential descending triangle pattern, with lower highs forming while support holds steady. This pattern often precedes a breakout, typically bearish if support fails.

Volume analysis shows that the average volume over the past three weeks is 694,191,146, indicating strong participation. However, if volume decreases while the price approaches support, it could signal weakening momentum, increasing the likelihood of a breakdown.

Traders should watch for a break below the $217.20 support with increased volume as a potential short setup. Conversely, a move above $233.71 with strong volume could invalidate the bearish setup and suggest a bullish reversal.

- **Current Trend Direction**: Bullish. The close at $332.27 near the weekly high of $336.22 suggests strong upward momentum.
- **Key Support/Resistance Levels**: Immediate resistance is at the weekly high of $336.22. Key support is at the weekly low of $309.90, with additional support around the psychological $320 level, which may have acted as a pivot in previous weeks.
- **Notable Chart Patterns**: The price action suggests a potential bullish continuation pattern, possibly an ascending triangle if the recent highs have been forming higher lows.
- **Volume Context**: The average volume of 214,386,855 indicates strong participation, which supports the current bullish trend. Watch for volume spikes on breaks above resistance for confirmation.
- **Potential Setup**: Look for a breakout above $336.22 with increased volume as a potential entry point for a continuation of the bullish trend. Alternatively, a pullback to the $320-$325 area with a bounce could provide a lower-risk entry point in anticipation of a trend continuation.

ANET is displaying a bullish trend with a close near the weekly high of $200.68, indicating strong upward momentum. The key support level is around the weekly low of $187.89, while resistance is at the psychological level of $200, just above the recent high. There are no clear chart patterns such as head and shoulders or double tops/bottoms visible in this data.

Volume is slightly below average, with the 3-week average at 22,559,973, suggesting the recent move may not be strongly supported by volume. However, the price action near the resistance level implies potential for a breakout.

Watch for a breakout above $200 on increased volume for a continuation of the bullish trend. Conversely, if the price fails to break $200 and retreats, a pullback towards support at $187.89 could provide a buying opportunity, especially if supported by increased volume at lower levels.

- **Trend Direction:** Neutral. The close near the weekly high suggests potential upward momentum, but the proximity of the low indicates some volatility.
  
- **Support/Resistance Levels:** Immediate resistance is around $20.57, the weekly high. Key support is at $18.11, the weekly low, which has shown buyers stepping in.

- **Chart Patterns:** The weekly candle's long lower wick indicates buying interest at lower levels, suggesting a potential reversal if the price holds above the support.

- **Volume Context:** The average volume is substantial, indicating active trading interest. This liquidity can facilitate significant price moves if a breakout occurs.

- **Potential Setup:** Watch for a breakout above $20.57 on increased volume, which may signal a continuation to the upside. Conversely, a break below $18.11 could lead to further downside exploration. Monitor volume spikes for confirmation of the move's strength.

HTFL is displaying a bullish trend, evidenced by its close near the weekly high of $50.23, suggesting strong buying interest. The key support level to watch is around $45.41, the weekly low, while immediate resistance is at $50.23. A break above this resistance could signal further upside potential.

No prominent chart patterns are evident from the data provided, but the proximity of the close to the high suggests momentum is still intact. The average volume of 9,490,528 over three weeks indicates healthy trading activity, supporting the current trend.

A potential setup to monitor is a breakout above $50.23 on strong volume, which could trigger further buying and confirm the continuation of the bullish trend. Conversely, a failure to break this resistance, accompanied by declining volume, might signal a short-term pullback toward the support level.

AVT is exhibiting a bullish trend, closing near the weekly high of $99.92, which suggests strong buying pressure. The key support level is around $90.68, the weekly low, while the immediate resistance is at $99.92, the weekly high. A breakout above this resistance could signal further upside potential.

There are no clear chart patterns visible in the data provided, but the narrow range between the weekly high and close indicates potential consolidation before a breakout. The average volume of 5,751,662 over the past three weeks suggests consistent trading interest, supporting the current trend.

Watch for a breakout above $99.92 on increased volume for a bullish continuation setup. Conversely, if the price retraces towards the $90.68 support, monitor for a potential bounce or breakdown scenario.

Current trend direction: Neutral. The weekly close at $40.10 is within the range, suggesting consolidation rather than a clear directional trend.

Key support/resistance levels: Immediate support is at the weekly low of $37.37. Resistance is identified at the weekly high of $41.53. A break above or below these levels could signal a new trend direction.

Notable chart patterns: The price range suggests a potential rectangle pattern, indicating indecision. Watch for a breakout above resistance or breakdown below support for a directional cue.

Volume context: The average volume over the past three weeks is high at 185,643,677, indicating strong interest and potential for a significant move if a breakout occurs.

Potential setup or scenario to watch: Monitor for a breakout above $41.53 with strong volume for a potential bullish move. Conversely, a breakdown below $37.37 on high volume could signal a bearish trend continuation.

Trend Direction: The current trend for HPQ appears to be bullish, indicated by the close near the weekly high at $35.48, suggesting strong buying interest.

Support/Resistance Levels: Key support is around $30.89, the weekly low. Resistance is at $36.23, the weekly high. A break above $36.23 could signal further bullish momentum.

Chart Patterns: There are no clear chart patterns like head and shoulders or triangles evident from the given data. However, the close near the high suggests a potential continuation pattern.

Volume Context: The average volume of 93,133,893 over the past three weeks indicates strong interest and liquidity, which can support sustained price movements.

Potential Setup: Watch for a breakout above the $36.23 resistance level on strong volume, which could present a buying opportunity. Conversely, if the price retraces to test the $30.89 support, it could offer a potential entry point on a bounce.