Amazon is reacting above support; breaking 268.85 would confirm a rally and potential recovery to higher levels.
Source Post
Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SMCI / ORCL
The Finance HydraMay 18, 2026
The creator discusses the current market downturn, focusing on SPY and QQQ. While acknowledging bearish short-term signals like lower highs and lows, the creator is waiting for a pullback to key support levels (around 725 for SPY, 682 for QQQ) before considering buying opportunities. A failure to hold these support levels could signal a longer-term pullback.
Linked Mentions
Tickers discussed in this post
Micron is at a key support level (21-day EMA); a bullish reaction could be a buying opportunity, but loss of support suggests a sharper pullback.
Oracle is mentioned as part of a technical analysis chunk, but no specific directional stance or conviction is provided.
Super Micro Computer is mentioned as part of a technical analysis chunk, but no specific directional stance or conviction is provided.
Palantir is mentioned as part of a technical analysis chunk, but no specific directional stance or conviction is provided.
AMD is mentioned as part of a technical analysis chunk, but no specific directional stance or conviction is provided.
Tesla is approaching a support level at 416 near the 21-day MA, which could present a buying opportunity.
Looking to buy NVDA at a better price after earnings, seeing current pullback as a potential opportunity.
Linked Signals
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