Tech Giants Flash Topping Tails - Critical Resistance Levels You Need to Watch Right Now

1 day ago
22

Three setups. One focus. Every weekday.

A massive gap down in a major tech stock has created an exceptional technical trading setup that demands your attention. In this video, I break down the critical support and resistance levels following a sharp 6.5% pre-market decline, and reveal the gap fill pattern that could present significant trading opportunities in the days ahead. I'm Benjamin Pool, Head Trader at Verified Investing, and on today's "Top Trades of the Day" (weekdays at 8:45 AM), I'm analyzing this dramatic price action using multiple technical indicators including key support zones, resistance levels, and trendline analysis. This type of gap down scenario creates clear technical levels that traders can use to identify potential entry and exit points. Whether you're an experienced trader or just learning technical analysis, you'll discover how to read gap patterns, identify critical price levels, and understand the risk management strategies needed when trading volatile price action. Learn how to spot when a gap fill is likely, where the major support zones sit, and how to position yourself for the potential bounce or continuation move. This is the same technical analysis approach I use daily to identify high-probability trading setups. Don't miss these critical levels - understanding gap fill patterns is essential for any technical trader's toolkit!

#TechnicalAnalysis #GapFillTrading #SupportAndResistance #MomentumTrading #TrendlineBreakout

Want to use the same charts as the Verified Pros? Check out TradingView here: https://www.tradingview.com/?aff_id=158719

#RSITrading #TechnicalAnalysis #HeadAndShoulders #BearishPatterns #NuclearStocks

📺 About the Show:
Trading with RSI (Relative Strength Index) is a powerful tool that not enough day traders and swing traders utilize. Join Verified Investing's Head Trader Benjamin Pool for Today's Best Trade Setups as he shows you how to get the most out of this key indicator for your trades. Each weekday at 8:45 am ET Ben walks through his best Trade of the Day during the premarket, using RSI as his guide. Each episode, Ben will recap how the previous day's trade performed and provide his next daily trade setup prior to the market open.

🔗 About Benjamin Pool: https://verifiedinvesting.com/pages/profiles/benjamin-pool
📘 Show Details: https://verifiedinvesting.com/pages/show/rsi-trade-of-the-day
🌐 Visit Verified Investing: https://verifiedinvesting.com/

Loading comments...