Meta is mentioned as a stock on the creator's radar.
Source Post
Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SNDK / HOOD
The creator discusses the current bearish market sentiment, noting that SPY and QQQ are declining with no clear bottom signal. While Micron's earnings caused a post-market recovery, it's too early to confirm a bullish trend. The creator outlines key support and resistance levels for SPY and QQQ, suggesting that a break below certain levels would confirm a sharper correction, while breaking resistance could signal a rally.
Linked Mentions
Tickers discussed in this post
MicroStrategy is mentioned as a stock on the creator's radar.
Robinhood is not a buy right now; the creator is waiting for a technical re-test of the 21-day EMA and a good bottom signal near support levels.
SanDisk is extremely bullish due to an unstoppable sequence of higher highs and lows, with the 21-day MA acting as support.
Palantir is in a catastrophic situation, collapsing with no bullish reaction and retesting support near the $100s.
AMD is holding a critical support level, but a break below $464 could trigger a significant bearish reversal and pullback to the 21-week moving average.
Tesla is frustrating, having failed to confirm a hammer candle pattern and losing support near the 380s, highlighting the need for stop losses.
Nvidia is retesting support around $196; a strong bullish reaction is needed for a buy signal, otherwise, it's technically bearish and could fall to $189 or $178.
Micron's earnings are exploding, up more than 15% in post-market, but the creator will discuss it further tomorrow as it's too soon to tell how to react.