$SLNH still liking the chart, but price got rejected by the $1.68 resistance that I mentioned in my last post. I expect a retest of the support at ~$1.47 before another attempt to break that resistance. Neoclouds are going to rally very soon IMO. Especially as CRWV and NBIS enter the Nasdaq 100 effective June 22 (will most likely lift smaller peers).

$MRAM Nice bounce from the daily 50 SMA and breakout from the trend line. Great swing setup with a TP of at least $42. Invalidation would be a close below ~$24.60 (or slightly lower, below the 50 SMA). Real technology moat, history, customers, contracts, and a credible growth roadmap.

$STTK 18% bounce off the daily 200D SMA. I usually avoid biotechnology stocks, but this is a really interesting early reversal setup. Phase 1 SL-325 data was encouraging. Immediately after releasing the data, $75M offering priced at $4. Dilution hit, but financing overhang may now be largely absorbed. Watching for a clean break and hold above $5.50. NFA.

$ASTS hard to tell what will happen from here now that SpaceX is public. Right now it's close to testing the daily 200 EMA, which acted as a support magnet for a very long time. Will be watching price action very closely for the next few weeks. IMO we will not see a new ATH in the short-term. But it could give some nice quick swings. Might see $70 in the very short-term as it will probably be shadowed by SpaceX (along with the whole space sector). NFA.

$SLNH looking very good today, so far. Price bounced from the daily 50 SMA ($1.44) and is now trying to reclaim the 200 SMA ($1.57). If the daily 200 SMA is reclaimed, next resistance is at $1.68. Watching closely. NFA.

$TE above $9 premarket. So far the reversal is in progress. I started a position yesterday right before market close. Looking to add on dips. Watching closely. NFA.

$VELO The breakout held strong and it didn't stop running! Congrats to those who bought yesterday and before. The run might continue tomorrow as a sympathy play to the SpaceX IPO. Might enter again tomorrow for a day trade or a swing. This could x2 in the very short-term. Watching closely. NFA.

We are getting a ton of possible reversals in space stocks - $LUNR, $SATL, $SIDU, $SPIR, $MNTS (this one is explosive), $ASTI, $SPCE, $ASTI (this one is about to breakout). Day-traded $VELO today, which had a massive breakout. $RDW is also a possible reversal setup. Tomorrow could be full of rallies before (and after) the SpaceX IPO. Right now, it looks like positioning in space stocks before the IPO with sympathy rally expectations. Watching closely. NFA.

$TE could be the first green close after four bearish candles. Had a bloody fall from the recent high. Price retested the support at ~$7.35 (right above the 0.382 Fib level). Still needs to break through the resistance at ~$8.16. Next resistance after that is at ~$8.90. I might enter a starter position after today's close or tomorrow. Looks like it's getting ready for a reversal. Watching closely. NFA.

$VELO breaking out, as expected. Now let's se if the breakout holds. Watching closely. NFA.

$SIDU Looking very good right now, as expected. Possible full power reversal right before SpaceX IPO. Watching closely.

$RGTI possible reversal after a retest of the daily 50 SMA. It acted as a support level since the breakout of the 50 SMA. Watching closely. NFA.

Three setups I'll be watching today: $RCAT - possible reversal from the Fib 0.382 level. $RDW - possible reversal from the Fib 0.382 level. $TE - possible reversal from the Fib 0.5 level. NFA.

$VELO a breakout is brewing here. Velo3D is a 3D printing supplier to SpaceX for mission-critical rocket engine components. Potentially a high-beta sympathy play and sentiment tailwind after the IPO. This could run high. Watching closely. NFA.

$SIDU has reclaimed the daily 50 SMA ($3.99). Waiting for it to close above it today. Possible run just before SpaceX IPO? Watching closely. NFA.

$TE keeps loosing support levels. Today we have a retest of the daily 50 EMA ($7.63). This is a major support level. Loosing this one will mean we won't see it run for some time, IMO. A bounce from here with volume is an entry for me, with clear invalidation (loosing 50 EMA). On the weekly chart, if price reverses from here it will form a new higher low, which supports the general uptrend structure (riding the weekly 50 EMA so far). Watching closely. NFA.

$SLNH tight consolidation within the range. Holding nicely above support through this sh*t storm of a market. But also having a very hard time going above $1.50. Expecting the consolidation to continue until the market stabilizes or new catalyst is announced. Watching closely. NFA.

Yesterday’s broad selloff practically invalidated many of the setups I was watching: $IREN $TE $NVTS $HIVE $KEEL $SLNH $LUNR $SATL, and more. What’s pressuring the market: – Broad profit-taking after massive rallies. – Rate hike fears following Friday’s strong jobs report. – Geopolitical pressure. – The upcoming SpaceX IPO may pull liquidity from existing positions, particularly space stocks and ETFs. – Renewed selling across AI, tech and semiconductors as valuation concerns return. – BOJ tightening risk and extreme yen weakness are raising fears of a carry-trade unwind and potential pressure on U.S. Treasuries. I’m not taking new trades until today’s CPI data is out. Currently all cash and waiting for a cleaner stabilization. IMO the market may need more time before a bottom forms. NFA.

$SLNH Soluna Forms Kati 2 JV With DC Kati Venture; Commits Up to $21M and 350 MW Plan: sec.gov/Archives/edgar/data/…

$CPSH beautiful retest of the daily 50 SMA ($6.04) and 0.236 Fib level bounce from there. Very nice setup. I can see price revisiting the recent high at ~$14 very soon if volume keeps surging. Seems like buyers like the pullback after Friday. Watching closely. NFA.