$CRWV

CRWV is not a buy in general — a dead man zone with a wall at 59 — and it sits in no man's land near 65 between a near-term bottom of 60 and a top of 68-69, making the setup hard to trade until the first few points of a move resolve direction.

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“Earnings Week: $META, $TSLA, $NFLX Take Center Stage | PreMarket Playbook | October 19, 2026”
BenzingaPublished Oct 19 · 17 passages

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35:1494:45

Let's do core. Let's go one year in core wave. Not so good. And then let's look at the last five days in core.

Now, at the same point, Corewave got back to 6869. So, we're like coreweave's halfway between its highs on Thursday.

Which is what's what's our range going to be on on these stocks. We now we're now taking the year range and narrowing it down to the last week, which was on Friday the low was 60.

On Thursday, the high was 69. We're trading at 65. Okay. So, the breakout would occur below 60 unless it bounces off or above 69, you know, but if you're trying to trade core, and this is what I'm saying makes Monday setup a little bit tough that we want to be aware of.

If you're trying to trade core, they're talking about it now. Let me just hear it. colleagues uh that I think that you know there are reasons to pay attention to the matter but not reason certainly for for panic right now.

>> So you know we don't know if that next move is to 68 or 60

Like coreweave sitting at 65 with a near-term bottom of 60 and a near-term top of 68 69 is no man's land. That's where you're going to find a lot of these stocks. So, when I talk about a hard setup to trade, it's not like core weeks coming in, markets weak, it's at 61, set to break down below 60 or bounce off it where we have a clear level in play, you know, or it's at 68 and could power through 69 and be on its way to 73.

Instead, what we're looking at is stocks that even if it goes up three points, we then have to watch if it gets breaks through 68 69. If it goes down, we got to see what happens again at 60.

So, like, we need the first four points of the move to actually know which way it's really going because everything else could be a fake out. That's what makes this action difficult for us.

Corewave up.

Nothing really. Most activives spies Q's Micron SLS Nebus Tesla Core Weave SpaceX APLD moving to most active

Um, I was buying puts on coreweave which were working but then I just kept buying more and so when it came off its lows the day I gave that back

Corewave 65, Fermy 327, Cipher. Does anyone have anything that looks remotely tradable today?

Coreweave down 24%.

Jumping on the core, I thought maybe it fell apart. Clearly, it didn't. I do think this will have a big move to start the day. Either we'll gap up and get to that 6869 range that it was at or um, let's go to 5day chart and we'll go to the windows of one one hour windows.

I mean, yeah, it's either going here or it's going here. That's it, you know, and we don't know. I think we just have to watch. Like I'd rather be trading at 68 right now. Then maybe I sell but the cues took us.

Yeah, this is Thursday. So this is the Thursday rally where we went 719 where we are now to 728. Then we hit 728 and we went down to 707 and now we're back at 720 right in between there on Thursday and there on Friday.

So you know what the good thing to do would probably be it would probably be collecting premium. Now, I don't want to do it in Corewave because it's too much of a, you know, a big name, but like just as a pure premium play, you have this 720, 714, 720.

So you look up and you say, "Okay. Um, we'll go here and then you want to see like maybe what a 715 710 will look like when we open. You know, if we could get a credit and maybe sell some puts underneath underneath the lows,

NE is up 7%. Core we have 7%. Cleveland cliff 7%.

Dan, I don't know who would benefit from that core way awareness,

coreweave is a wall at 59. I did scalp it already. Webcoin said PJM said short-term core play, but I'm not holding it back for years till they default. Verse one, core is a true dead man zone.

I don't know if I would buy that dip. I'm not buying the dip I am not a buyer of coreweave in general.

You know, Coreweave just might do its own thing.

Coreweave 6520. Core below 65. All right. Coreweave. Corweave 6430 6419 6404 63 and change. core wave. Um 6442 firming now moving as

I want to see if it can hold to me. Coreweave canary in the coal mine, right? See what it does for sure. So, core hit 6869, as hit 45 or right around there. Um, we know where all those highs were.

So, today here, what I said to everyone was we're kind of in no man's land. Coreweave at 64, it's four points above that 60 low from Friday. It's four points below 68 from Thursday, 69. So, we're sitting in between

Core is now below 63.

What this channel has said about $CRWV

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