Oracle is showing a nice reaction, but the creator is hesitant due to the size of the shadow above the candle's body and mentions an upcoming dividend payment.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SNDK / ORCL
The creator analyzes the stock market using technical analysis, noting bullish signals for SPY and QQQ, and identifies potential opportunities in tech stocks. Nvidia is highlighted as a stock with expected upside based on its recent price action and technical targets.
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Tickers discussed in this post
SanDisk triggered a bullish reversal call and is performing well, but the creator advises waiting for a pullback to a better price level due to resistance near 18.61.
Palantir is showing a V-shaped recovery and a potential buy signal near support levels after a pullback, with a hammer candle pattern needing confirmation.
AMD is failing to break a critical resistance level around 546 and is in a tight congestion; a loss of 507 support could lead to a sharper correction, while a breakout above 546 is needed to consider further upside.
Tesla shows a bullish technical setup with a potential support level near $390 and a bullish engulfing candle, but the creator avoids a swing trade due to earnings in 13 days.
Nvidia is showing a bullish reaction with an ignition bar, suggesting upside towards a gap at $207 and a double resistance level near $212, with the bullish perspective only rejected if yesterday's low is lost.
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