Amazon is continuing the uptrend within the channel. It is in correction mode and which is required to continue the uptrend.
Palo alto is great company and earning call was also good however forecast was bad since they are changing internal structure to prepare for long term which is a good thing. This is a very good time to get in. Also the stock has entered the channel. Till it is in the channel bullish trend will continue.
TSLA looks like in consolidation mode. TSLA in long run will go up but for short time i think it has room to come down till 150
SPY looks at its peak and may go for some correction.
TSLA is in down channel. It will be up to touch the upper side of the channel and then it will go down.
MSFT at low of the channel. High chances of going from here to run up. If it fail to remain in the channel then low journey is confirmed.
Tesla is back inside the channel and probably may go down from here.
QQQ is in channel and currently poised for to touch the bottom of the channel.
The Gap created by NVDA will be filled. Look at the past performance it always filled the gap. Next buy zone for NVDA is 346 and till that time it is giving oppurtinity to sell
SPY is on downtrend and this is possible trade for monday 9/5
SPY is going to go up hit the channel top and then will move down. The downtrend is very strong at this time
As we can see that TSLA is following a down trend and it is at the peak of downtrend.
TSLA is on top of the channel . It is facing resistance.
SPY has reached the channel top and now facing the resistance. Already movement toward downside started. it may hold the price for few more days and then move down.
TESLA is on reversal. Too much volume at the end of the day and a small red candle. sign of reversal. Lets see. once price crosses the resistance line buy signal is confirmed.
TESLA is very good for long run however for short term it will play sideways. Best idea is to sell Call here. Mar 18 900 call.
This is my Wave analysis of the QQQ. Short tem it may go up for few days and then a downward movement is coming. Put play would be a nice idea.
RBLX finished corrective wave and started the uptrend.