ClearValue Team Insights
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S&P Rebounds at Key Support Level
The S&P is also forming a bullish rebound at an important price level, flipping resistance into support around $557.66. There has been a lot of sideways price action above this resistance line with resistance around $564. I remain bullish for July and August, I think semiconductors recover and the markets continue to trend up higher. […]Read More
NASDAQ Approaches a Key Support Level
The NASDAQ has dropped to the lower end of this trading range, and there is a key support level between $482-483 that needs to hold here. Semiconductors are rebounding today so we could see a perfectly timed rebound here for QQQ as well. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreNVDA Rebounds at Support
TSM reported strong earnings and set higher guidance for next quarter. The semiconductor hype is still alive and well despite yesterday’s FUD. NVDA rebounded from a key support level at $118.41 and could start an uptrend soon. Follow me on social media: https://linktr.ee/realchartchamp
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