Apple is showing a bullish reversal candle pattern above the 21-day EMA, but the risk-reward ratio is not ideal, and a reaction near 254 support would be preferred.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / META / AAPL
The creator analyzes the current market conditions, noting potential bottom signals for SPY and QQQ, but emphasizes the need for confirmation. They discuss specific stocks like Nvidia, Tesla, AMD, Palantir, Meta, and Apple, highlighting their technical setups, potential trading opportunities, and risks, particularly around earnings and support/resistance levels. The creator stresses a strategy-based, unbiased approach to trading.
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Tickers discussed in this post
Meta made a catastrophic bearish candle but is showing a possible bullish recovery, though it's not a preferred trade and would ideally retest the 618 gap.
Palantir is showing resilience, reacting well above a clear support level with a possible double bottom pattern and breaking previous highs.
AMD is attempting a bottom signal above the 200s support level within a congestion, but needs a strong reaction tomorrow to avoid further downside.
Tesla presents technical evidence for both bullish and bearish scenarios, allowing traders to choose a strategy with defined stop losses and targets.
Nvidia shows a classic piercing pattern bottom signal above 184 support, but is not tradable due to earnings in 8 days.
Linked Signals