Tesla forming a Flag pattern
On a daily frame, Tesla appears to be bouncing up from the major resistance at 320.
Tesla also appeared strong on friday when the entire market appeared weak.
TOST weekly chart breakout
NYSE:TOST gave a breakout on a weekly chart.
The base is quite big so the potential upside move could be large as well.
Also we are in a slow rate cut phase, which will help the tech/growth companies.
My stop loss level will be at 27.
Palantir is set for the next leg of the move?
IMO YES!
Breaking out of the All time high with strong and quality momentum
Strong: 3 ranked in terms of 12 month Rate of Change just behind NYSE:VST NASDAQ:NVDA
Quality: Smooth path to all time high this year.
Disclaimer: Not financial advice.
NASDAQ:SOFI Large base breakout.
Might form a flag before running or might run up straight.
My stop loss will be at 9.
Target: Open (My style is to have big winners and small losses)
Disclaimer: I'm not a financial advisor. Posts are for educational and informational purpose only.
Nvidia is still among the top 1% of strongest momentum stocks though it has been facing some selling pressure since it topped out at 140 levels.
Will be interesting to see NASDAQ:NVDA move if it breakout of triangle pattern.
