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TSLA Trying to Hold Above Support
TSLA is approaching the long awaited 10/10 robotaxi event. The price is trading near the light blue support line around $240.57, and TSLA is trying to hold this support level to remain bullish headed into the robotaxi event. These Tesla events are usually sell the event news so my best guess is a selloff for […]Read More
NVDA Formed a Bullish Breakout
NVDA has formed a bullish breakout above the light blue trendline, and continues to show bullish momentum over the past few days. Yesterday NVDA was the only Mag 7 stock that was green for the day. NVDA’s bullish price action is important here because NVDA was in a downtrend since June 2024. Although NVDA has […]Read More
QQQ Rebounds with a Bullish Daily Close
QQQ is trending for a green day today, and did not drop down to the white support line around $480.50. Instead QQQ is trading under the white resistance zone around $488.48. I think the price action is still neutral for now, but the trading range is getting tighter and a big move will come soon. […]Read More