ClearValue Team Insights
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AMD Key Resistance Levels to Monitor
AMD is likely to be affected by NVDA’s upcoming earnings announcement. I am leaning bearish for NVDA earnings, and I think the stock market is likely to experience some downside in September. These are my key resistance levels to monitor for AMD, I think the price is trading above a key resistance level around $157.50. […]Read More
IWM Low Buy Pressure Despite Breakout
IWM has broken out above the $210.44 resistance level for a second time, but there is little buy pressure sparking a rally here. IWM experienced little upside over the past few trading days, and is now starting to move sideways. I would like to see some stronger bullish momentum forming for IWM and small caps […]Read More
NASDAQ Stalls as S&P Hits Resistance
SPY has reached the $560 resistance target, and is starting to experience a rejection here. For those who want to build a short position, I think SPY is trading near resistance here. The best entries would be when SPY above $560. The NASDAQ is trading below resistance, and I think QQQ could have some more […]Read More