In this pre‑market video recorded at 4:15 AM on Friday, Jan 16 2026, trader Dave Barnhart delivers a live technical analysis of two stocks – Micron Technology (MU) and Rocket Lab (RKLB). He walks through recent volume‑print patterns, multiple exponential and simple moving averages (4, 8, 15, 50, 200), ATR, pivot points, and CAM (central pivot) levels. For each ticker he outlines bullish and bearish trigger zones, specific entry targets, incremental price objectives, and support/resistance zones extending up to $374.72 for MU and $157 for RKLB. Barnhart emphasizes the significance of the 400k‑share print for MU and the recent high‑volume swing for RKLB, and he explains how the proximity of the 4‑EMA to price can accelerate moves. The video concludes with a call to like, subscribe, and watch a later “results” video that will review how the setups performed.
Chapters
Good morning, traders. It's Friday, January 16th at 4:15 AM. All right, 2 stocks for you today. We've got Micron, MU, and Rocket Lab, RKLB. All right, let's go ahead and get started. MU, we've got this consolidation of prints here. We see the last 30 days we had some consolidation of buying, it looks like, because we had these prints here. Going sideways, holding, testing the print, moving up. And then recently we've got starting here on January seventh, we had 358, 390, and 400k here all in this range. And this morning we're breaking above that range. So it looks like this 400k print here held. This one here opened, pulled back to the four exponential moving average, and now we're moving higher. Let's see if we can break above this range here, or maybe we'll stay in it and retrace back to the. So let's go ahead and have a look. We're going to be bullish above $352. It's very early in the morning when I'm doing this video, so $352 target, $354, $355, $357.50, $360, right? $363.22. Look at this awesome pocket here. It's like a $12 pocket. $365, $370, and then $374.72 is R4. This one has an ATR of about $16, so this one can really move. We're going to be bearish below $347.50. Let's get down here, uh, target $345, $344.18, $343.43 is this 358K print that we mentioned. $342.95 is the cam here. $341.50 is Is the retracement to this 4 exponential moving average right about here, and then $340.22 is retracement to the pivot. And we're getting into my 50 simple moving average. We have this consolidation here. That's my 200 simple moving average sitting right about there as well. So this could be a cushion for support. Let's go ahead and look at Rocket Lab. Okay, so Rocket Lab, similar sort of thing going back a month here. This is, well, December 24th. We had some large prints here. There was another print back here, so we had these prints pulled back. Looks like they were buying more, pulling back to the 8 exponential moving average, tagged the 15, moving up, increasing volume. This one tagged the print, increasing volume, closing above this print. Look at this. This is great entry if you're looking for swings, right? Then we move up on extreme volume comparatively, and then we've got more prints. So we consolidated for 1, 2, 3, 4 days in here on these trades. You can see these ones, half a million, 300,000, 400,000, and then we continued. We're just moving up. So this is a nice slope. This is really bullish, increasing volume yesterday. Sorry, 2 days ago, a little bit less yesterday, but we're breaking above. So let's go ahead and map this out. We're going to be bullish above $93.50. Let's get up here. Target $93.70, $93.75, which is $93.75 to $93.95 is this cam. Then we've got 95, 95.77 is R2. 96, 96.84. Then we've got 97.50, 99, 100, and 157. There's lots of room on the upside for these 2 today. For the retracement trade, we're going to be bearish below 92.36. Let's get below this one right here. Target 92, 91.82. Is the CAM 91.29. Then we've got 91 and 96.71. Sorry, 90.71 is this 4 exponential moving average right here. Now this is gonna— this value will move as the price moves. It's very close. This 4 exponential moving average is very close to the price, so this one will move quicker. Then we've got 90.23 is the cam, and then we've got the pivot at 89.96. Then we've got 89.70 and then 89.16. And if this doesn't hold, then we've got 88, 87.57. Right here is the retracement to the 8 exponential moving average, so this would cover us there. Now mind here around this $90 level, it's a $10 level as well. We've got A cam, my 200 simple, 200 exponential, and the pivot, and then another cam. So this whole sandwich sort of thing here, and then this has been support previously. So on the downside, I would be looking to take some profit there as well. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. Leave some comments in the comment section. Comment section below, and we'll see you later this afternoon with our results video. Let's see how these made out. Happy trading!
