Zak Mir takes a charting look at S&P 500, Nasdaq 100, American Rebel, BGM, Cassava, CTW, Datavault, Juizi, Oriental Rise, Professional Diversity, Super League, and Strata Skin.
Markets remain bullish overall, and I’ll walk through the S&P and Nasdaq picture first, then run through the stocks I’m watching right now with key chart levels and targets to keep on your radar.
As always, do your own research and treat these as chart-based observations rather than hard recommendations.
Broad Market Picture
S&P 500
We’re still riding high inside the rising trend channel that’s been intact since April. Despite a small pullback yesterday, price remains close to the top of the channel.
- Near-term target: 6820 (potential end-of-next-month target)
- Immediate support: 6550 (safest level to watch for a pullback or “rugpull”)
- Worst-case swing down to the channel floor / 50-day line: 6450
Nasdaq 100
The Nasdaq has been trading up against its first target area — the top of the April-to-now channel around 25,000. Above that, there’s room toward 26,000 by the end of next month.
- First target area: ~25,000
- Stretch target: ~26,000 (by end of next month)
- Key short-term support: ~24,000 (recent swing low — stay on the right side of this)
Stocks in Focus
Below I cover the individual names I discussed, the chart patterns I’m watching, and the target/support levels I’m marking up. Targets are short-term (mostly aiming for the end of next month unless noted).
American Rebel Holdings, Inc. (AREB)
- Pattern: Bounced off the floor of a rising trend channel — potential base and a big Q reversal to the upside.
- Technicals: Strong end-of-day action through the 50-day line.
- Target: Toward the top of the channel — 180 cents (by end of next month).
BGM Group Ltd. (BGM)
- Pattern: V-shaped rebound with a bull-flag above a rising 50-day moving average.
- Momentum: RSI rebound around the 50 level.
- Resistance to clear: Recent resistance around the u $11.80 level (end-of-day close basis).
- Targets: Initial 12.90; best case up toward $16+ (top of the one-year range) by the end of next month.
Cassava Sciences, Inc. (SAVA)
- Pattern: Rising trend channel base, shares gapping up through/above both the 50-day and 200-day lines.
- Current price reference: $2.25 level (on the gap up).
- Targets: Top of the channel near $4.70 (by end of next month) while above recent broken resistance $2.70.
CTW Cayman (CTW)
- Pattern: Bear-trap/island reversal — double gaps down followed by a gap higher yesterday.
- Key level: Above recent broken resistance around $2.30 (support now).
- Targets: Initial $2.90; best-case up to $4.00 by the end of next month.
Datavault AI Inc. (DVLT)
- Pattern: Broadening triangle base.
- Key support: Broken support around the $0.53 area — while above that (and the 50-day line) look for upside.
- Target: Top of the triangle up to $131 (by end of next month).
Jiuzi Holdings, Inc. (JZXN)
- Pattern: Broke recent resistance.
- Key resistance-turned-support: Recent broken resistance around $1.40
- Target: Toward the 200-day line area — ~two $2.40+ (by end of next month).
Oriental Rise Holdings Limited (ORIS)
- Action: Big mover — earlier in the week it ran, and yesterday added +43%.
- Progress: Broke through first target at $32.
- Targets: Next leg up to $60 by the end of next month; ideal scenario is to hold above the initial resistance of the week at $30 on the way to 260.
Professional Diversity Network, Inc. (IPDN)
- Action: A roller coaster of price action — volatility remains high.
- Key resistance: The June peak just under $5 — clearing that would be significant.
- Target: Above $5 we could see a retracement of at least half of the pullback from $12, suggesting a move toward $7–$8 by the end of next month.
Super League Enterprise, Inc. (SLE)
- Action: Strong mover — has already broken the previous target (top of its channel near $6.60).
- Targets: Upper parallel currently around $10 (this was overshot earlier); $10 is the target while price holds above the $8 area on an end-of-day close basis.
STRATA Skin Sciences, Inc. (SSKN)
- Action: Attempting to break a negative flow — managed to close above the 200-day line.
- Technicals: Closed at $2.59 vs the 200-day around $2.47.
- Target: Top of the channel to about $3.60 by the end of next month if price can stay above the 200-day line.
Quick Notes & Risk Management
My approach is very chart-driven: trend channels, moving averages (50/200 day), broken support/resistance, and clear end-of-day close validation for breakouts. For most names I’m using the end-of-next-month timeframe as a practical short-term target window.
Keep stops sensible relative to the recent support levels I’ve called out — if price falls back below those broken-support areas or the key moving averages, the bullish setups are at risk.
Wrap-Up
Overall the tape is constructive — S&P and Nasdaq remain within rising channels and many individual names are showing clean continuation patterns or reversals after bases. I’ll continue to track these levels and update positions accordingly. More updates tomorrow.
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.
