Robinhood shows bullish trend with a cup and handle pattern, but a pullback is desired for a better entry point before targeting $85.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SOFI / HOOD
The creator provides a technical analysis of several stocks including SPY, QQQ, NVDA, TSLA, AMD, PLTR, SOFI, and HOOD. The overall sentiment is bullish, with a focus on identifying support and resistance levels, chart patterns, and potential entry/exit points based on technical indicators. The creator emphasizes a reactive trading approach, relying on chart data rather than predictions or emotions.
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Tickers discussed in this post
SoFi is technically bullish after breaking the 21-day EMA and showing a double bottom pattern, but it's currently a hold as it approaches resistance.
Palantir is approaching a double resistance level near the 140s and 21-day MA; an upward breakout is needed for further gains, otherwise a sell signal is possible.
Tesla is showing strong upward movement, breaking resistance, with a personal target of $374, though earnings introduce unpredictability.
Nvidia is retesting $196 and is expected to continue upwards unless a clear bearish technical signal emerges.
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