Microsoft appears oversold and is reacting near a support level, but a close above 413.05 is needed to reverse the bearish trend of lower highs and lows.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / UNH / MSFT
The creator analyzes several stocks including SPY, QQQ, NVDA, TSLA, AMD, PLTR, UNH, and MSFT, focusing on technical indicators like EMAs and support/resistance levels to identify potential trading opportunities and risks. The analysis emphasizes reacting to market movements rather than predicting them, with a focus on risk management and strategy.
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Tickers discussed in this post
UNH is attempting a bullish reversal but is still below the 21-day EMA, requiring a breakout to confirm the sentiment and potentially close a gap.
Palantir is showing a bullish outlook with a potential double bottom, but a pullback to the 21-day EMA or 140s is expected before a potential buy opportunity arises.
Tesla remains bearish due to lower highs and lower lows, and needs a decisive close above 408 to trigger a bullish reversal, otherwise, it risks further downside.
Nvidia is showing a more bullish outlook than the broad market, staying above its 21-day EMA and attempting to make a bottom signal on the weekly chart.
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