Google is showing a double top and losing the 21-day EMA, suggesting a potential pullback to 355 unless a strong breakout above 382.77 occurs.
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Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / SOFI / GOOGL
The creator maintains a bullish bias on the market, specifically SPY and QQQ, as long as key support levels hold. They highlight Nvidia as a stock showing a strong bullish candle and suggest buying stocks near support levels with good risk-reward ratios. The analysis focuses on technical indicators and support/resistance levels to guide trading strategies.
Linked Mentions
Tickers discussed in this post
SoFi is a strong swing trade candidate with potential to reach $20.13 and a long-term target of $30 based on a double bottom pattern.
Hold some Palantir shares (40-50%) for potential breakout above $156.28, but sell partially near resistance for profit-taking.
AMD is showing a bullish bias and potentially making a bottom signal, suggesting a possible rally.
Despite a 4.5% collapse, Tesla remains technically bullish near double support levels and could signal a buying opportunity with a clear bottom.
Nvidia is showing a phenomenally powerful bullish candle, and a breakout above 216 could signal a technical bottom.
Linked Signals