ClearValue Team Insights
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PLTR Rallying Ahead of Earnings
PLTR’s price action has been very different headed into today’s earnings announcement. Usually PLTR drops headed into earnings then has a strong post-earnings rally. This time PLTR is rallying ahead of earnings, and I have concerns that there could be a selloff after earnings. However, PLTR seems like a great long-term investment so I wouldn’t […]Read More
QQQ Also Rallying Back to ATHs
QQQ has also formed a very bullish rebound with three bullish candles so far. NVDA reports earnings on May 22, and I think there could be a nice rally headed into that earnings announcement. For QQQ there is likely to be resistance at the red trendline, which is previous all time highs around $446.09. ChartChamp […]Read More
SPY Starting to Rally
SPY is having a very bullish rebound with three bullish candles so far. There have been bullish gaps for the past two candles, and there is strong buy pressure after the Fed and U.S. Treasury have provided a dovish outlook last week. I have $524.49 as a key resistance target of interest on the way […]Read More