CAN SLIM Daily Briefing

Date: 2026-06-18 Time: 03:29 Methodology: William O'Neil's CAN SLIM System

🚨 TODAY'S MARCHING ORDERS

🔴 RED LIGHT

Market in CORRECTION - Stay in cash. VIX: 18

ACTION: DO NOT BUY - Protect capital

#	Stock	Buy Zone	Stop Loss	Status
1	CRDO	$257-$270	$236.17	Alert at $257
2	TSM	$428-$450	$397.58	BUY NOW
3	MU	$1055-$1110	$970.49	Alert at $1055

How Entry Points Work:

"NOW" = Stock is within 5% of 52-week high (already breaking out) → Buy at current price
"WAIT for breakout" = Stock needs to rise to its 52-week high first → Set alert at that price

📉 Market Health Check

Status: 🔴 RED LIGHT

Metric	Value
Market Status	CORRECTION
Distribution Days (5 weeks)	7
Market Trend	PULLBACK
Can Buy?	NO

O'Neil Says: "AVOID: Market in correction (below MA200) - preserve capital, wait for rally"

Today's Action: DO NOT BUY - preserve capital, wait for rally

Rally Attempt Status:

Day: 5
Started: 2026-06-11
Support Level: $724.41

📊 Sector Heatmap

Market Breadth: 2 Leaders | 3 Strong | 12 Laggards

Top 10 Sectors (Best for Buying)

Rank	Sector/Industry	ETF	RS	Status
1	Semiconductors	SMH	97	🟢 LEADER
2	Auto Manufacturers	CARZ	90	🟢 LEADER
3	Technology	XLK	79	🟡 STRONG
4	Copper	COPX	79	🟡 STRONG
5	Steel	SLX	76	🟡 STRONG
6	Oil & Gas Equipment & Services	OIH	69	⚪ AVERAGE
7	Biotechnology	XBI	66	⚪ AVERAGE
8	Utilities - Renewable	ICLN	62	⚪ AVERAGE
9	Industrials	XLI	52	⚪ AVERAGE
10	Basic Materials	XLB	50	⚪ AVERAGE

Bottom 5 Sectors (Avoid)

Rank	Sector/Industry	ETF	RS	Status
23	Utilities	XLU	32	🔴 LAGGARD
24	Communication Services	XLC	25	🔴 LAGGARD
25	Software - Infrastructure	IGV	23	🔴 LAGGARD
26	Electronic Gaming & Multimedia	ESPO	17	🔴 LAGGARD
27	Medical Devices	IHI	13	🔴 LAGGARD

O'Neil Insight: "37-50% of a stock's move comes from its industry group"

🎯 Watchlist Scan (40 stocks)

Ticker	Price	Score	CAN SLIM	Verdict	Sector	Signals
CRDO	$249.33	9.9	7/7	✅ BUY	🟢 Semiconductors	📈🎯
TSM	$432.15	9.7	7/7	✅ BUY	🟢 Semiconductors	📈🎯
MU	$1043.19	9.6	7/7	✅ BUY	🟢 Semiconductors	📈🎯
LRCX	$374.18	9.1	7/7	✅ BUY	🟡 Semiconductor E	📈🎯
AMD	$512.48	8.8	6/7	✅ BUY	🟢 Semiconductors	📈🎯
AMAT	$592.92	8.6	6/7	🔶 HOLD	🟡 Semiconductor E	🎯
HBM	$28.17	8.6	7/7	✅ BUY	🟡 Copper	📈
FCX	$69.06	8.5	6/7	✅ BUY	🟡 Copper	🎯
STLD	$270.13	8.5	6/7	✅ BUY	🟡 Steel	🎯
NUE	$252.60	8.4	6/7	✅ BUY	🟡 Steel	📈🎯
DELL	$419.32	8.4	6/7	✅ BUY	🟡 Computer Hardwa	📈
SCCO	$191.68	8.2	6/7	✅ BUY	🟡 Copper	📈
RS	$404.11	8.2	6/7	✅ BUY	🟡 Steel	🎯
ERO	$30.43	8.1	6/7	✅ BUY	🟡 Copper	📈
QCOM	$212.97	8.0	4/7	🔶 WATCH	🟢 Semiconductors
GEV	$1048.86	8.0	7/7	✅ BUY	Specialty Indus
NVDA	$204.65	7.9	6/7	✅ BUY	🟢 Semiconductors	📈
TECK	$65.76	7.9	6/7	✅ BUY	Other Industria	📈🎯
VRT	$317.58	7.8	5/7	🔶 HOLD	Electrical Equi	📈
AVGO	$392.90	7.6	5/7	🔶 HOLD	🟢 Semiconductors	📈
ANET	$164.93	7.5	6/7	✅ BUY	🟡 Computer Hardwa	📈🎯
INTC	$121.10	7.2	5/7	🔶 HOLD	🟢 Semiconductors	🎯
ATI	$196.86	7.2	4/7	🔶 WATCH	Metal Fabricati	🎯
PWR	$714.85	7.2	4/7	🔶 WATCH	Engineering & C	📈🎯
AAPL	$295.95	7.1	4/7	🔶 WATCH	🟡 Consumer Electr	🎯
KLAC	$238.73	6.6	3/7	❌ AVOID	🟡 Semiconductor E
SMCI	$27.78	6.0	3/7	❌ AVOID	🟡 Computer Hardwa	📈
COHR	$378.85	6.0	5/7	🔶 HOLD	🟡 Scientific & Te
LITE	$869.98	5.7	2/7	❌ AVOID	🟡 Communication E
CMC	$73.22	5.5	4/7	🔶 WATCH	Metal Fabricati	📈
NBIS	$280.91	5.2	4/7	🔶 WATCH	Internet Conten	🎯
HPE	$48.20	5.1	2/7	❌ AVOID	🟡 Communication E
CLF	$12.68	4.6	2/7	❌ AVOID	🟡 Steel
ORCL	$183.53	4.0	2/7	❌ AVOID	Software - Infr
CEG	$267.17	3.9	2/7	❌ AVOID	Utilities - Ind	📈
MSFT	$378.91	3.4	3/7	❌ AVOID	Software - Infr
IVPAF	$8.53	3.4	2/7	❌ AVOID	Other Industria
CRM	$155.02	3.2	1/7	❌ AVOID	Software - Appl
ADBE	$196.28	2.8	2/7	❌ AVOID	Software - Appl
X	$0.00	2.6	2/7	❌ AVOID	Unknown

Legend: 📈 = Earnings Acceleration | 🎯 = Near 52-Week High | 🟢 = Leading Sector | 📅 = Earnings Soon (WAIT!) | Click ticker for TradingView chart

🏆 The AI Focus List (Top 10 Opportunities)

Market: RED - Stay in cash, wait for rally

Rank	Ticker	Score	Sector	RS	Signals	Action	Stop
🥇	CRDO	9.9	🟢 Semiconducto	97	📈EA 🎯NH	⏳ WAIT	$232
🥈	TSM	9.7	🟢 Semiconducto	97	📈EA 🎯NH	⏳ WAIT	$402
🥉	MU	9.6	🟢 Semiconducto	97	📈EA 🎯NH	⏳ WAIT	$970
#4	LRCX	9.1	🟡 Semiconducto	79	📈EA 🎯NH	⏳ WAIT	$348
#5	AMD	8.8	🟢 Semiconducto	97	📈EA 🎯NH	⏳ WAIT	$477
#6	AMAT	8.6	🟡 Semiconducto	79	🎯NH	👁️ WATCH	$551
#7	HBM	8.6	🟡 Copper	79	📈EA	⏳ WAIT	$26
#8	FCX	8.5	🟡 Copper	79	🎯NH	⏳ WAIT	$64
#9	STLD	8.5	🟡 Steel	76	🎯NH	⏳ WAIT	$251
#10	NUE	8.4	🟡 Steel	76	📈EA 🎯NH	⏳ WAIT	$235

Legend: 📈EA = Earnings Acceleration | 🎯NH = Near High | 🟢 = Leader Sector | * = Weaker sector

🎯 Top 3 Deep Dive

🥇 #1: CRDO - Credo Technology Group Ho

Score: 9.9 | Semiconductors | Open Chart

Why: Leading Sector | Earnings Accelerating | Near Breakout | RS: 97

APPROACHING - Set alert at $256.70

Current: $249.33 | 52W High: $270.21 (7.7% below) Buy Zone: $256.70 - $270.21 (+3.0% away)

Entry Point	Stop (-8%)	Target (+20%)
$256.70	$236.17	$308.04

BUY TRIGGER (Execute when ALL conditions met): 1. Price enters Buy Zone: $256.70 - $270.21 2. Volume is 50%+ above average on the move 3. Market is GREEN or YELLOW

DO NOT BUY IF:

Price enters zone but immediately reverses below $251.57
Volume is weak
Market turns RED

BUY 38 CRDO LMT 257.98
STOP LOSS: $236.17

🥈 #2: TSM - Taiwan Semiconductor Manu

Score: 9.7 | Semiconductors | Open Chart

Why: Leading Sector | Earnings Accelerating | Near Breakout | RS: 97

BUY NOW - Already in Buy Zone!

Current: $432.15 | 52W High: $450.16 (4.0% below) Buy Zone: $427.65 - $450.16 (You're IN!)

Entry Point	Stop (-8%)	Target (+20%)
$432.15	$397.58	$518.58

BUY TRIGGER (Execute when ALL conditions met): 1. Price crosses above $433.01 (current + 0.2%) 2. Volume is 50%+ above average (check pre-market or first 30min) 3. Market is GREEN or YELLOW (check top of report)

DO NOT BUY IF:

Price gaps down below $419.19
VIX spikes above 25
Volume is below average

BUY 23 TSM LMT 434.31
STOP LOSS: $397.58

🥉 #3: MU - Micron Technology, Inc.

Score: 9.6 | Semiconductors | Open Chart

Why: Leading Sector | Earnings Accelerating | Near Breakout | RS: 97

APPROACHING - Set alert at $1054.88

Current: $1043.19 | 52W High: $1110.40 (6.1% below) Buy Zone: $1054.88 - $1110.40 (+1.1% away)

Entry Point	Stop (-8%)	Target (+20%)
$1054.88	$970.49	$1265.86

BUY TRIGGER (Execute when ALL conditions met): 1. Price enters Buy Zone: $1054.88 - $1110.40 2. Volume is 50%+ above average on the move 3. Market is GREEN or YELLOW

DO NOT BUY IF:

Price enters zone but immediately reverses below $1033.78
Volume is weak
Market turns RED

BUY 9 MU LMT 1060.15
STOP LOSS: $970.49

📊 TradingView Setup (Required Indicators)

Add these indicators to your TradingView chart for proper entry execution:

MUST-HAVE Indicators:

#	Indicator	Settings	What to Look For
1	SMA (50)	Length: 50, Color: Blue	Price ABOVE = Trend OK
2	SMA (200)	Length: 200, Color: Red	Price ABOVE = Bull Market
3	Volume	Default + 20 MA overlay	Volume > 150% of MA = Confirmation
4	RS Line vs SPY	Compare: SPY	Line making NEW HIGH = Strong

HOW TO ADD RS LINE (Critical!):

1. Open TradingView chart 2. Click "Compare" or "+" button (top toolbar) 3. Type "SPY" and select it 4. Right-click SPY line -> "Move to" -> "New Pane Below" 5. Now you see: Price chart on top, RS Line (your stock / SPY) below

OPTIONAL (Advanced):

Indicator	Purpose
ATR (14)	Position sizing / Stop placement
VWAP	Intraday entry confirmation
VIX	Add as separate chart tab for panic detection

ALERT SETUP (Automation):

For each stock in your watchlist, create alerts: 1. Breakout Alert: Price crosses ABOVE [Entry Point] 2. Stop Loss Alert: Price crosses BELOW [Stop Price] 3. Volume Spike Alert: Volume crosses ABOVE (20 SMA * 1.5)

📈 Charts — Top 10 Picks

Daily candles, 6 months. Overlays: EMA20 (yellow), EMA50 (blue), EMA150 (purple). Subplots: volume, MACD, RSI(14).

CRDO — BUY (score 9.9) ·

CRDO chart

TSM — BUY (score 9.7) ·

TSM chart

MU — BUY (score 9.6) ·

MU chart

LRCX — BUY (score 9.1) ·

LRCX chart

AMD — BUY (score 8.8) ·

AMD chart

AMAT — HOLD (score 8.6) ·

AMAT chart

HBM — BUY (score 8.6) ·

HBM chart

FCX — BUY (score 8.5) ·

FCX chart

STLD — BUY (score 8.5) ·

STLD chart

NUE — BUY (score 8.4) ·

NUE chart

🐦 Social Pulse — X.com Sentiment

Top 3 pick(s) from today's focus list, classified by Gemini.

Ticker	Sentiment	Bull/Bear/Neutral	Spam Filtered	Influencer Share	Risk
CRDO	🟢 bull (+1.00)	13🟢/0🔴/1⚪	0 🗑️	29% infl	—
TSM	🟢 bull (+1.00) 🟡 n=7	7🟢/0🔴/9⚪	1 🗑️	44% infl	—
MU	🟢 bull (+1.00)	11🟢/0🔴/7⚪	2 🗑️	50% infl	—

Reading the table:

🟢 bull / 🔴 bear / ⚪ mixed = aggregate directional read of the top 20 tweets
Influencer share = % of posts from accounts with >10K followers
Risk flags: 🚨 PUMP-RISK = lots of 🚀 emojis + no smart money · ⚠️ RETAIL-HEAVY = >70% small accounts · 🎰 HYPE-PHRASES = "to the moon"-style language

Full top-20 tweets per ticker: social_2026-06-18.md

📝 Action Summary

🛑 TODAY'S ACTION: Stay in cash. Protect capital until market confirms new uptrend.

⏳ BUY Candidates (Waiting for Market Confirmation)

Market is CORRECTION - wait for FTD before buying

CRDO (Score: 9.9) - Add to watchlist, wait for entry
TSM (Score: 9.7) - Add to watchlist, wait for entry
MU (Score: 9.6) - Add to watchlist, wait for entry
LRCX (Score: 9.1) - Add to watchlist, wait for entry
AMD (Score: 8.8) - Add to watchlist, wait for entry

👁️ Watch List

AMAT (HOLD) - Score: 8.6
QCOM (WATCH) - Score: 8.0
GEV (BUY) - Score: 8.0
TECK (BUY) - Score: 7.9
VRT (HOLD) - Score: 7.8

❌ Avoid

KLAC - AVOID
SMCI - AVOID
LITE - AVOID
HPE - AVOID
CLF - AVOID

O'Neil's Daily Checklist

[ ] Check market status before any trades
[ ] Focus only on stocks in Top 40 industry groups
[ ] Wait for breakouts on 40%+ above-average volume
[ ] Set 7% stop loss on any new position
[ ] Take partial profits at 20-25% gains

📋 MORNING ACTION PLAN

Step	Action	Details
1️⃣	Check Market	🔴 RED - CASH ONLY
2️⃣	Review Charts	Open TradingView for top picks
3️⃣	Set Alerts	Price alerts at breakout levels
4️⃣	Position Size	Max 2 positions, $50K each
5️⃣	Set Stops	-8% from entry (always!)

Watchlist Ready (Wait for CORRECTION)

CRDO, TSM, MU, LRCX, AMD

System Info

Entry Strategy: RELAXED (RS + Price > MA50) - "Loose Entry, Tight Exit" Exit Strategy: O'Neil + Minervini Trailing Stops (BE at +16%, Trail at +20%) Rotation Rules: MU Rule (20%+ winners protected), RS Threshold (+5)

Generated by EntreEco CAN SLIM System "The whole secret to winning in the stock market is to lose the least amount possible when you're not right." - William O'Neil