Year-End + 2025 Candidates
Setups to watch for into next year.
Today’s SubStack will feature opportunities I’ve found recently. Some are active positions while others are being observed. These will be brief analyses.
NTNX 0.00%↑
Previously provided within our Discord on 10/5 weekly WL, traded at $58.
Favoring continuation into new ATHs with one of two scenarios:
C&H formation for a retest of $64.87
Straight breakout into ATH (ER this week)
Targets $87.04/$97.97 by mid-2025
SBUX 0.00%↑
SBUX is setting for breaks of new ATHs next year
Prior historical demand/imbalance filled from COVID pullback
Secondary major demand zone filled/held multiple times throughout the past couple of years
Break/hold of 105-106+ will confirm a move towards new ATHs
HTZ 0.00%↑
Bit of an instinctive trade, we picked up shares this week.
This is the first confirmed trend flip we’ve seen in 2-3 years with current bottoming structure providing similarities to 2021 while printing a macro HL.
HTZ is usually the name people forget about until it concludes a squeeze.
Chart is worth the R:R to take a stab at spot positions (I don’t plan on executing options).
HD 0.00%↑
This was provided plentiful times throughout the past year with lucrative swing entries in December 2023 and recently August 2024.
I expect continuation into new ATHs with $442.05 to be first target by Q1 2025.
$463.07/515.15 major targets by Q3 2025.
DE 0.00%↑
Similarly to HD, I expect continued upside on DE.
Originally provided to you via 10/21/2024 weekly WL, trading at about $405, now approaching new ATHs.
This consolidation has occurred for almost three years. Consecutive closes above $446.76 will confirm continued upside.
I expect targets of $479.81/517.73/547.46 to be met throughout 2025.
PTON 0.00%↑
We’ve been positioned in PTON shares since $4.73, currently sitting at +100% on our spot position, coupled with a couple of PTON call swings while closing out our 4/17 6c for +439% on Friday with the intent of rolling up the strikes.
I provided you with detailed due diligence from both a fundamental + technical perspective throughout the summer. As expected, their financials have vastly improved over the last two quarters.
The sentiment on PTON at the lows was reminiscent of my bottom call on CVNA 0.00%↑ last year at $13-15.
Similarly to HTZ, PTON has seen its first confirmed trend flip since 2020.
I expect PTON to surprise bears throughout the next year with minimum $17.70-20 as target.
This is purely a hypothetical, bold call, but I believe PTON will be a major acquisition target in 2025-2026.
DIS 0.00%↑
DIS may have bottomed out here while holding both macro fibs + TL.
Short term upside pivot is $116.50.
I expect $150 to be revisited as major resistance.
There are many more setups I’m currently looking at but will not share them in today’s post. A couple of these names I’ve added to the $100k port I started on 8/5/2024. I’ve shared everything I’ve executed on that portfolio, now sitting at +64%/$64,000 since 8/5.
On shares only. Zero options. Zero leverage.
You can likely expect some detailed analysis updates on these names + others I’m observing at a later date.
Thanks for tuning in! Hope you find this valuable.
- DKing