Micron is showing strength, moving up 5%, but is in a congestion zone and heading towards the 438 resistance level, with earnings next week.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / ORCL / MU
The creator analyzes several stocks and indices using technical analysis, noting a general market downturn with bearish signals for SPY, QQQ, NVDA, TSLA, and AMD. Palantir is identified as bullish, while ORCL and MU show mixed signals pending further confirmation. The creator emphasizes strategic trading based on technical evidence rather than prediction.
Linked Mentions
Tickers discussed in this post
Oracle failed to break resistance and is currently bearish short-term, awaiting a bullish reaction next week for confirmation.
Palantir is technically bullish, trading above the 21-day MA, but needs to break the 21-week moving average for a stronger bullish pivot.
Tesla is clearly bearish with lower highs and lows, below the 21-day EMA, and is expected to retest the 382 support level.
NVIDIA shows a confirmed top signal below the 21-day EMA, suggesting a possible correction with a target of 169.
Linked Signals