Zak Mir takes a charting look at S&P 500, Nasdaq 100, Cycurion, Datavault, Darkiris, Lithium Americas, Pop Culture, Pitanium, Qualigen, SciSparc, and 22nd Century.
Below I summarize the technical picture, key levels to watch, and short-term targets for the stocks I covered so you can follow the same plan I discussed on the video.
As always, do your own research and treat these as chart-based observations rather than hard recommendations.
Market overview
S&P 500
The S&P remains inside the rising trend channel that’s been in place since April. We recently put in a higher low (6,569) and managed a close above the 6,600 level — constructive — but the gap down from earlier in the week remains unfilled.
- Near-term bullish trigger: we need an end-of-day close above 6,621 (Wednesday’s support) to re-establish upside momentum toward the top of the channel (as high as 6,800 by the end of next month).
- Downside support: the 50-day line combined with the channel floor near 6,452.
- RSI: watch for a pullback toward the April uptrend line in the RSI (around the mid-50s) as a potential turning point.
Nasdaq 100
The Nasdaq 100 looks a bit cleaner than the S&P — no gap down and the latest low sits around 24,200. We can expect a test of the channel floor near 24,000, but as long as that level holds the upside targets remain intact.
- Support: 24,000 (channel floor).
- Targets: 25,400 and potentially up to 26,300 by the end of next month (late January resistance projection).
- Risk: a sustained move back below 24,000 would undermine the bullish case.
Stocks I’m watching
Below are the setups I reviewed — brief notes on the current chart, key levels and likely near-term direction. Timelines are generally over the next few weeks with a horizon toward the end of next month unless otherwise noted.
Cycurion, Inc. (CYCU)
- Recent action: bounced off the lows after a bear-trap gap down; we closed that gap earlier this month.
- Trigger: broke through the $0.40 area — that break opens the path toward the top of the triangle.
- Target: up to $0.62 over the next week or two if momentum continues.
Datavault AI Inc. (DVLT)
- Pattern: broadening triangle base with the top of the pattern towards the $1.30 area.
- Support: recent broken resistance in the 78–79¢ area — ideally we stay above 70¢ ahead of a push higher; can tolerate a drop into the low-60¢s without invalidation.
- Indicators: RSI has rebounded off 50 and a second higher RSI rebound would support a run toward the 200‑day line (~92¢) on the way up.
- Target: ¢1.33 by the end of next month (if the pattern plays out).
Darkiris Inc. (DKI)
- Setup: a rising trend channel since mid-last month.
- Support/resistance: remain above recent broken resistance around $0.83.
- Target: look for the top of the channel near the $1.15 area while the channel holds.
Lithium Americas Corp. (LAC)
- Progress: initial target toward $7.50 has been met.
- Next leg: an end-of-day or weekly close above $7.50 would open a fresh leg as high as $12.00 as a best-case scenario by the end of next month.
- Stop / invalidation: an end-of-day close back below recent gap support (~$6.37) would argue against the bullish continuation.
- RSI: pulling back to an uptrend line — we want to stay on the right side of ~$6 to keep the bullish path alive.
Pop Culture Group Co., Ltd (CPOP)
- Status: first target near $1.98 reached, second target toward $2.60 is still in play.
- Support: remain on the right side of $2; the 50‑day line ($1.17) recently provided support and RSI showed a 50-level rebound.
- Outlook: a retest of the $2.60 area is possible in the coming days if the $2 level holds.
Pitanium Limited (PTNM)
- Action: recently cleared resistance around $9.
- Target: next resistance / retest is the July high near $14.80, which could be reached by the end of next month if momentum continues.
Qualigen Therapeutics, Inc. (QLGN)
- Behavior: recent spike hit the resistance line; the stock has found support around the prior resistance ($4).
- Outlook: looking for a retest of the $9 area over the next 2–4 weeks, ideally by the end of next month.
- Technical note: holding most of the upside gap and a rising 200‑day line ($3.30) are bullish signs.
SciSparc Ltd. (SPRC)
- Recent: briefly hit the first target (top of the falling trend channel from July at $6) and then pulled back.
- Target: the top of the triangle near $10 is the next objective by the end of next month, provided we don’t close back below the 50‑day line ($4.67).
- Risk: a close back below the 50‑day line would jeopardize the recovery scenario.
22nd Century Group, Inc. (XXII)
- Volatility: recent bear-trap and island reversal action has made this a choppy setup (gapped down, then gapped up).
- Support: yesterday’s support at $1.72 is the key near-term level.
- Target: if above that support, the stock could retest the top of the falling channel near $2.40 by the end of next month (sooner if strength shows up).
Quick checklist before you trade
- Confirm the key intraday and end-of-day closes I mention (gaps and support levels matter).
- Watch RSI behavior around the trendlines I highlighted — it often gives early clues about the sustainability of a move.
- Respect stop-loss rules — examples I gave (e.g., Lithium Americas below ~$6.37) are intended to limit downside if the pattern fails.
Conclusion
The broader market remains inside established uptrend channels for now, but gaps and short-term support tests will be decisive. Several small-cap setups I covered show promising patterns — triangles, channel breaks and gap fills — and each has clear levels to monitor. If we get the closes I mentioned (S&P above 6,621, Lithium Americas above ~$7.50, etc.), the path higher could accelerate into next month.
“”Hopefully that will hold — especially as we managed to close above the 6,600 level.””
For the full visual breakdown and to watch the charts as I discuss them, check out my latest video and the channel for weekend updates — I’ll keep posting follow-ups as setups evolve.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
