Broadcom is at a critical 394-400 support; a break could reverse the trend, while holding could offer a buying opportunity.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / ORCL / AVGO
The Finance HydraMay 7, 2026
The creator analyzes the current market, noting new all-time highs on SPY and QQQ despite bearish candles, suggesting these are short-term pullbacks. He highlights the 21-hour EMA as a key support level for both. Nvidia is discussed as exploding with bullish momentum, potentially breaking resistance.
Linked Mentions
Tickers discussed in this post
ORCL is very bullish, with a key support level at $189 to watch for potential pullbacks.
PLTR needs to break key daily and weekly resistance levels before a significant recovery can occur.
AMD is not a buy currently due to poor risk-reward, but may present opportunities on future pullbacks.
Tesla is breaking resistance and performing well, but the creator suggests selling at current levels as it has reached a target.
Nvidia is exploding with bullish momentum, showing signs of breaking resistance and continuing its upward trend.