3 best Daily Charts - Smart Money Zone & Silver Bullet Setups
Tracking three setups across different stages of development this week.
$BAC is testing a key weekly demand zone, $MDB is consolidating after a clean bounce from its Smart Money Zone, and $EOSE is approaching a potential recovery point.
Here’s what I’m watching, including targets and invalidation levels.
🟣 $Bank of America(BAC)$ – Weekly Smart Money Zone
Price is sitting in a key demand zone.
If the setup plays out, a move back to the prior swing high could take 6–12 months.
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Target: $66
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Invalidation: $44
🎯 $MongoDB Inc.(MDB)$ – Silver Bullet Setup
$MDB bounced cleanly from the Smart Money Zone and is now forming a compressed wedge.
My short-term target is $390, although I expect the consolidation to continue into next month’s earnings, where price could face rejection.
Over the next 60 days, the larger target is $470, near the prior swing high.
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Short-term target: $390
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60-day target: $470
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Invalidation: A break below the swing low around $280
⚡ $Eos Energy Enterprises Inc.(EOSE)$ – Potential Reversal
$EOSE has not hit our stop and is now trading close to reclaiming its prior swing low.
The probability of a full turnaround remains low, but I’m staying on board in case the setup starts to develop.
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Over the next 60 days, the larger target is $470, near the prior swing high.
Over the next 60 days, the larger target is $470, near the prior swing high.