Google is noted for collapsing 5% today, indicating it needs a stronger bullish reaction to support a potential market recovery.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / HOOD / NOW
The creator discusses the current market downturn, noting that most stocks are failing to hold support levels, despite some initial bottom signals. They analyze SPY and QQQ, highlighting critical support and resistance levels and the potential for a head and shoulders pattern on SPY. While QQQ shows slightly more resilience, both are facing downward pressure.
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Tickers discussed in this post
Broadcom is mentioned as one of the Magnificent 7 stocks that requires a better bullish reaction to signal a potential market recovery.
Apple appears stable but shows a bearish candle below the 21-day EMA, suggesting it, like other tech stocks, needs a better bullish reaction.
Amazon is mentioned as collapsing almost 5%, indicating a need for a stronger bullish reaction to support a market recovery.
Micro Strategy is noted as a Bitcoin-related stock that is currently going down, implying a need for a better reaction to align with a potential market recovery.
NOW is mentioned as one of the stocks being analyzed in the video.
HOOD is mentioned as one of the stocks being analyzed in the video.
PLTR is mentioned as one of the stocks being analyzed in the video.
AMD is mentioned as one of the stocks being analyzed in the video.
TSLA is mentioned as one of the stocks being analyzed in the video.
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