BullBearInsights

BullBearInsights

Key Levels: Resistance: 73,363: This is the next major resistance level. BTC has previously been rejected around this zone, as it aligns with the recent high from the June rally. 79,164: A stronger resistance near the psychological level of 80k. Support: 61,000: BTC is currently trading near this level. A break below this could lead to more downside...

BullBearInsights

FOMC release, a few key points emerge for scalping the next day: Price Levels: Support Zones: 561.38: Strong area of support shown by volume shelf on the volume profile. Buyers have stepped in around this level, making it crucial for intraday scalping. 560.83: Another support level where substantial volume has accumulated. Resistance Levels: 568.68: Marked as...

BullBearInsights

Price Action Overview: Recent Trend: PLTR has been in a strong uptrend recently, with a breakout above $34 and making new highs at $36.91. This breakout seems to have been supported by higher trading volume, indicating strength in the move. Current Price: PLTR is trading at $36.35, slightly below its intraday high. It is consolidating near this level, which...

BullBearInsights

SPY is currently trading around $563.10 and is consolidating near a key resistance level of $564.78. Here’s a detailed analysis: 1. Support and Resistance Levels: Immediate Resistance: The $564.78 level is a critical resistance point. It aligns with previous rejections, so breaking above it with high volume could signal a potential upward move toward the next...

BullBearInsights

Amazon (AMZN) is showing bullish momentum today, up around 2.77% in premarket trading. This positive movement follows the announcement of a $10.5 billion investment plan by Amazon to expand its U.K. data centers over the next five years, focusing on cloud infrastructure and AI technology. This news has strengthened market sentiment around Amazon's long-term growth...

BullBearInsights

For tomorrow's trading session (September 12, 2024), Palantir (PLTR) looks to be influenced by the upcoming AIPCon event, scheduled for the same day. This is a significant catalyst, as over 100 organizations, including major players like bp, Aramark, and the National Geospatial-Intelligence Agency, will be showcasing their work publicly for the first time, which...

BullBearInsights

Support and Resistance Levels: Immediate Resistance: $235: This level has been marked as a recent high. TSLA would need to break above this for further upside. $249.89: This is a major resistance zone, and TSLA may struggle to break past it if it moves up aggressively. Immediate Support: $226.46: The current price is hovering around this level. It's a key pivot...

BullBearInsights

Regarding Palantir Technologies (PLTR) for tomorrow’s trading, technical and fundamental factors will play key roles. Technical Analysis for Entry/Exit: Resistance Levels: PLTR is facing key resistance around $35.20 and $36.00, as seen on your chart. These could act as potential sell points if the price reaches them, especially for short-term traders. Support...

BullBearInsights

Palantir (PLTR) is set to join the S&P 500 index on September 23, 2024, which has already led to a price jump of around 7% after the announcement. This inclusion could attract more institutional investors, potentially increasing the stock's liquidity and driving demand higher​. Technical Analysis (PLTR 1-Hour Chart): Volume Profile: Major resistance at $32.70...

BullBearInsights

Chart Overview Price Channel: There's an upward price channel with parallel trendlines indicating higher highs and higher lows. Tesla is trending upward within this channel. Current Price: TSLA is trading at around 225.40, with resistance just overhead. Support and Resistance: Resistance: Around 226-227, which is aligned with the top of the price...

BullBearInsights

Technical Overview Recent Price Action: The price has been trading in a range, consolidating after a previous downtrend. There was a recent test of the resistance at around $73.93, but it appears to have been rejected. The price is now hovering just above the $70.06 level, which acts as a significant support level. Volume Profile: The volume profile shows a...

BullBearInsights

Nvidia's stock dropped 9.5% on Tuesday, marking the largest single-day market value loss for a U.S. company, as investor enthusiasm for AI cooled amidst a broad market selloff. Nvidia's market capitalization fell by $279 billion, reflecting growing caution around AI's potential, which had driven much of the year's stock market gains. This downturn follows...

BullBearInsights

Chart Overview: Time Frame: 1-hour chart Indicators: Trendlines, price levels, RSI (Relative Strength Index) Key Levels: Resistance Levels: 151.90: This level is a strong resistance that AMD needs to break through to continue an upward move. 149.47: A lower resistance level, which could act as a hurdle before reaching the 151.90 resistance. Support...

BullBearInsights

Chart Overview: Time Frame: 1-hour chart Indicators: Price levels, trendlines, and RSI (Relative Strength Index) Key Levels: Resistance Levels: 563.91: This appears to be a key resistance level that SPY has tested multiple times without breaking above. 563.64: Close to the previous resistance, this area seems to be another strong resistance zone. Support...

BullBearInsights

1. Price Action: Current Trend: TSLA is in a downward channel, with the price action showing a series of lower highs and lower lows on the 1-hour chart. The stock recently experienced a bounce from the lower boundary of the channel, which aligns with the support level at $202.11, indicating a potential short-term reversal. Support and Resistance: The key...

BullBearInsights

NVIDIA (NVDA) recently reported strong earnings for Q2 2024, achieving record revenues of $30.0 billion, up 122% year-over-year. Despite these impressive figures, the stock has faced significant volatility, reflecting a complex market reaction that has disappointed many investors. Market Reaction and NVDA's Position: Price Action: After the earnings report, NVDA...

BullBearInsights

Current Market Context: Price Movement: AMD is currently trading downward, with the price breaking below key support levels. This decline is likely a result of broader market sentiment following NVDA's earnings report, which has impacted tech stocks, especially those related to semiconductors. Volume: The trading volume has increased as the price dropped,...

BullBearInsights

NVIDIA (NVDA) saw a significant drop in its stock price despite reporting strong earnings. The company posted impressive numbers with $30.04 billion in revenue, more than doubling from the previous year, and a net income of $16.6 billion. However, the stock dropped by over 5% in extended trading for a couple of key reasons: Slower Growth Rate: Despite the strong...