Charts That Could Deliver Big Opportunities This Week
The market never stops offering opportunities—if you know where to look.
Every week, I scan the charts to find trades that check all the boxes:
✅ Strong trend
✅ Clear support and resistance
✅ Favorable risk-to-reward
✅ Momentum that’s ready to move
The setups I’m sharing with you today aren’t random tickers. They’re hand-picked plays that show the same repeatable patterns I use to generate consistent weekly income. Some are fresh breakouts gaining strength, others are healthy pullbacks offering a second chance to ride the trend.
Here’s why this matters: most traders chase noise, but we focus on structure and discipline. That’s how you stack small, consistent wins until they add up to something life-changing.
So… these are the trades on my radar right now. Take a look, study the charts, and drop a comment to let me know which one you’d take first.
Trade Analysis – UBER Daily
Trend: UBER is in a strong uptrend overall (200 SMA at $78 far below current price).
Current Action: Price hit a recent high around $96 and is now pulling back to test support.
Key Moving Averages:
10 EMA (blue): $94.59 — price just dipped below it.
50 SMA (yellow): $92.01 — acting as immediate support.
200 SMA (red): $78.63 — confirms the long-term bullish trend.
Support & Resistance:
Support: $92 (50 SMA), then $90 (round-number and recent base).
Resistance: $96 (recent high).
Momentum: RSI at ~52, sitting mid-range. No extremes, but leaning neutral-to-bullish.
Volume: Selling volume has been moderate, not panic-level. Suggests healthy consolidation, not trend reversal.
This is shaping up as a bullish pullback within a larger uptrend, with buyers likely stepping in around the 50 SMA.
Trade Idea
Bullish Swing Setup (primary scenario)
Entry: $93–94 (current level as price holds above the 50 SMA).
Target 1: $96 (recent swing high).
Target 2: $100 (psychological round number and breakout level).
Stop Loss: Below $90 (to give space under the 50 SMA and round-number support).
Risk/Reward: About 1:2 aiming for $100.
Options Angle (defined risk)
Call Debit Spread Example:
Buy $92.5 Call
Sell $97.5 Call
Expiration: 30–45 days out
Defined risk, aiming for a breakout toward $100.
Bearish Alternative (only if breakdown occurs)
If UBER closes below $90 with volume, momentum shifts bearish. Next support is around $85.
Summary
UBER is in a bullish trend, currently testing the 50 SMA after a healthy pullback. As long as it holds above $92, the setup favors a bounce back to $96–100. A swing long entry here with stops under $90 looks favorable, or an options debit spread for defined risk.
Trade Analysis – FIX Daily
Trend: Strong bullish trend. FIX has been in a steady uptrend since April, accelerating in July with a breakout above $650.
Current Action: Price recently hit ~$727, pulled back today (-3.27%), but is still well above the 10 EMA ($702) and 50 SMA ($618).
Key Moving Averages:
10 EMA (blue): $702 — currently being tested.
50 SMA (yellow): $618 — much lower, providing strong trend support.
200 SMA (red): $473 — confirms the long-term trend remains intact.
Support & Resistance:
Support: $700 (10 EMA), $680 (recent consolidation), and $650 (breakout level).
Resistance: $727 (recent high).
Momentum: RSI is ~59, coming off near overbought but still showing strength.
Volume: Pullback volume is lighter than breakout volume — a healthy sign that this is likely just consolidation, not a reversal.
This is a classic pullback-to-support setup within a strong uptrend.
Trade Idea
Bullish Swing Setup (primary scenario)
Entry: Around $703–705 if price holds the 10 EMA.
Target 1: $727 (recent high).
Target 2: $750 (psychological round number extension).
Stop Loss: Below $680 (just under recent consolidation and breakout zone).
Risk/Reward: About 1:2 aiming for $750.
Options Angle (defined risk)
Call Debit Spread Example:
Buy $700 Call
Sell $750 Call
Expiration: ~30–45 days out
Defined risk, targeting the continuation of the uptrend.
Bearish Alternative (only if breakdown occurs)
If FIX closes below $680, momentum shifts bearish short-term, and a retrace toward $650 support becomes likely.
Summary
FIX remains in a powerful uptrend. The current pullback is landing right on the 10 EMA, offering a potential swing long entry with targets at $727 and $750. Stops under $680 keep risk controlled. Options traders can structure a debit spread to capture upside while limiting downside exposure.
