IREN is presented as a technically sound trade setup near support with a strong bullish reaction, but is not actionable due to an upcoming earnings report.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / NOW / IREN
The creator analyzes the SPY, noting it's holding above the 21-day EMA support but lacks a clear bullish signal, with a breakout above 767 resistance needed for a rally. A breakdown below support could lead to a sharper correction. The QQQ is discussed as being below its 21-day MA, showing weakness compared to the SPY.
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Tickers discussed in this post
Salesforce has had a strong rally and is now hitting a technical resistance level, showing signs of losing momentum, similar to a potential top.
Service Now is bullish and potentially attractive for a future buying opportunity on a pullback to its 21-day MA and double support level.
Palantir is moving sideways within a congestion, and the creator is waiting for a clear breakout above resistance or a loss of support before considering a trade.
Tesla may offer a buying opportunity above the 342 support level, with a technical target to close the gap at 372.90.
Nvidia shows a bullish harami candle pattern and has closed a gap, but earnings tomorrow make it unsuitable for swing trading.
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