SanDisk is showing a top signal below the 21-day MA after earnings, indicating a bearish continuation with a target near $1,000.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / IREN / SNDK
Aug 5, 2026
The creator analyzes the stock market using technical analysis, focusing on SPY and QQQ. While both are showing bearish candles, the creator emphasizes the need for confirmation of a pullback, as short-term charts remain bullish. Potential support levels and future scenarios are discussed, with opportunities for buying on any confirmed bullish reactions near support.
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Tickers discussed in this post
Iring shows a potential top signal with a bearish candle below the 21-day EMA, suggesting a pullback to the double support level between $32 and $30.
Palantir shows a 'top signal' below a resistance level, indicating a potential sell-off.
AMD is not a buy right now as it's collapsing and not showing a clear bullish reaction near support levels, but selling near support is also not advised.
Tesla is pulling back to its 21-hour EMA after a previous buy signal, with a target of 342, but caution is advised if support at 297 is lost.
Nvidia is performing "insanely bullishly," breaking targets, and the creator recommends a partial sell to lock profits while holding some shares with a trailing stop.