It looks like Tesla is forming a head and shoulders pattern. We need to give it a bit more time to fully develop the right shoulder for a clearer picture of the pattern.
MSFT is currently in a sideways pattern and may build momentum in either direction. If it rises above 447, my target will be 452. However, if it fails to hold 444, my bearish targets will be 440 and 437.
NVDA has been excellent for me so far. The stock is skyrocketing, and I love it. I'm bullish on this one until I see a reversal pattern.
AAPL is in a strong uptrend with plenty of potential to rise further. My next target is $220.
SPY is on an uptrend, and if it pulls back tomorrow, I plan to go long as long as it stays above 544, which I consider a bullish signal. However, if it fails to hold above 540, that would be bearish.
Following NVDA's earnings after hours, it seems everyone has their eyes on the $1,070 mark, suggesting a potential 11% upside. However, it's worth noting that sometimes good news can have negative repercussions, and vice versa. For instance, despite Taiwan Semiconductor Manufacturing Co. (TSM) reporting strong earnings, its stock still plummeted by 10%. TSM...
Netflix (NFLX) is trending downward, so caution is advised for long positions, especially considering tomorrow's at 10 am NY release of U.S. leading economic indicators.
Meta filled the downside gap, indicating a potential move to fill the upside gap today. The MACD is showing signs of turning bullish. My outlook is optimistic, particularly regarding the earnings of Microsoft (MSFT) and Google (GOOG) tomorrow. These stocks could uplift the market on Friday.
NVDA could potentially reach $840 either today or tomorrow, as there is a significant amount of supply waiting to be filled.
Following the market close, Meta's earnings report will be released. While I don't bearish sentiment, my trading strategy relies on patterns. Notably, Meta has demonstrated consistent upward movement over the past 5-6 months. Interestingly, what's typically perceived as good news can sometimes result in negative market reactions, and vice versa. This trend...
Amazon's earnings are coming out today after the bell. With consumer spending on the decline and key supports at $171, $165, and $161 potentially filling the February 24th gap, the stock faces crucial thresholds. A positive earnings report could propel the stock upward to around $185.
Here's what I've gathered: Prioritize thoughtful consideration before making decisions, especially in trading.
NVDA reached the supply area between $827 and $857 today, touching my initial support level. There's a gap at the bottom awaiting filling at $743 and $689. Caution is advised, as market movements can give the impression of an upward trend only to swiftly reverse course, resembling a rollercoaster ride.
Currently, NVDA seems to be forming a double bottom pattern, indicating a potential upward trend in the stock. I plan to wait for a pullback to around $892 before entering a long position. My profit-taking targets are set at $924, $940, and $967.
I'm extremely bullish on the cost, aiming for a target of 738 or higher.
NFLX falling from the riding wage. look like about to fall to $596 my target.
If it breaks out to the downside, tomorrow might see a significant decline. Anyone with expertise in navigating such situations, please share your insights on making a profit.
The market showed signs of positivity as Powell spoke, but some observers sensed trouble brewing. It appears bears are eager to exert downward pressure. Let's hope for profitable opportunities through wise calls and a collective effort to buoy the market today.