5 Trade Setups I’m Watching Tomorrow to Help You Stay Ahead

What’s up, traders? It’s David here!

Let me walk you through five key setups I’m watching for tomorrow’s session. These are not trade recommendations, but these levels caught my eye, and I’ll be monitoring them closely. Ready to dig in? Let’s go!

Market Snapshot: What I’m Watching

Before we dive into specific stocks, let’s look at what’s setting the stage:

• Economic Events:
  Tomorrow, we’ve got building permits and housing starts data dropping at 8:30 AM ET. Not huge movers usually, but I’m keeping my ears open for news from a rumored Trump-Putin phone call, which could stir things up.

• Key Market Overview:
  Retail sales came in soft today, but the markets barely flinched. The S&P 500 had 91% of stocks closing green, led by financials and energy. The big names didn’t show much action - Microsoft stayed flat, Amazon dipped 1%, and Tesla took a 5% hit.

• Sector Highlights:
  Energy stocks are turning heads, possibly driven by some geopolitical tension in the Middle East. Also worth mentioning, Pepsi is in acquisition mode - they just picked up a smaller health-focused beverage company.

Now, let’s get into where I’m focusing my attention.

1. $HIMS ( ▲ 0.37% )  (Hims & Hers Health)

HIMS might finally be turning a corner, showing signs of building a base after a rough decline. I’ll be watching how it reacts to the $34 level. If the stock holds above it, I think there’s potential for moves toward $35.50 and possibly that triple top around $37.

• What I’m Watching:
  $34 as a support zone, with $35.50 and $37 as key upside levels.

2. $QBTS ( ▲ 4.78% )  (QBTS Technology)

QBTS had a wild day - morning sell-off, higher lows in the afternoon, and a push toward pre-market highs. I’m keeping an eye on how the $10.50 level holds. From there, I’ll be looking to see if it builds momentum toward $11, $11.50, or even $12.

• What I’m Watching:
  $10.50 for support and the $11-$12 range for resistance. Slow and steady with this one - it’s better to focus on small, incremental levels.

3. $AVGO ( ▲ 2.74% )  (Broadcom)

Broadcom caught my attention after bouncing back from negative news about losing a deal with Google. Buyers stepped in at $191.50, and it’s consolidating near $196.60, a resistance level I’ve marked. If it tests $197 again, it could be a pivotal moment - either it breaks through or heads back down.

• What I’m Watching:
  $191.50 as a support level, with $196.60 and $197 as key resistance zones. If we break $197 cleanly, $200 might not be far behind.

4. $INTC ( ▲ 0.97% )  (Intel)

Intel is starting to look interesting with its new CEO announcement. I’m watching it closely around $25.50, which has been holding pretty well as support. Another breakout above $26 could signal strength, but I’ll stay cautious if it loses $25.50.

• What I’m Watching:
  $25.50 for support and $26 to $26.50 as areas of interest.

5. $AMD ( ▲ 3.52% )  (Advanced Micro Devices)

AMD looks strong. It’s been holding above $104, and with support stepping in around $90–$93 on the daily chart, I think long-term bulls might see value here. I’m keeping a close eye to see if it continues its momentum above $104 toward $105.50 or $106.

• What I’m Watching:
  $104 as support and $105.50–$106 as resistance areas. If it holds above $104 in the pre-market, I’ll stay even more focused.

Bonus: FOMC Meeting (This Wednesday)

Don’t forget - this week the FOMC meeting will be the big mover. Powell’s interest rate announcement is happening on Wednesday, and I wouldn’t be surprised if this impacts everything from indices like the $SPX ( ▲ 0.41% ) to high-growth tech names. Keep an eye on market sentiment leading up to it.

Final Thoughts

Those are the five stocks I’ll be watching as the next session unfolds. Remember:

• Stay nimble, and don’t get locked into a single plan.

• Keep stops tight - this isn’t a friendly market for mistakes.

• Always be mindful of macro news that can change the narrative fast.

Disclaimer: This is not financial advice, just my own observations and thoughts on the market. Always trade responsibly and consult a professional before making decisions.