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Getting Extended: Is A Pullback Ahead?

Sami Abusaad says the market has become a bit extended after breaking out.

He says if prices break below Thursday’s low, expect a pullback toward the breakout area and the rising 20-day moving average:

Sami goes over:

  • The 1-2-3 pattern in COMM
  • The weekly buy setup in GOSS
  • Two casino names on his swing watchlist
  • The “very bullish” monthly chart on TSLA
  • Why U looks headed for $100
  • Where he would short RBLX
  • And more!

Key Takeaways: 

  1. Stick to short-term trading until there’s clarity.
  2. Watch Thursday’s low for direction — below it suggests near-term weakness.
  3. If support holds and a strong bounce occurs, bullish bias continues.