Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR #Finance

once again the market sares and we see the indices renewing their alltime highs along with some other stocks such as Nvidia and paler while Tesla is trying to materialize one of the most powerful bullish reversal signals of recent years that’s right Tesla looks insanely insanely

powerful let’s take a look at what’s going on over here welcome to the Finance Hydra Channel my my name is Nathan it’s a pleasure to see you guys over here

welcome to another CashNews.co analysis now as we can see here spy is clearly clearly bullish Nathan do we see a top signal do we see any bearish reversal chart structure do we see any any technical evidence suggesting that spy could possibly correct from here no there is not a single bearish

signal over here all right we are insanely bullish even even if we see a top signal even if we see a correction materializing we have two major support levels first one $586 586 the previous top level which was a crystal clear support level yesterday all right and of course we also have the 21-day

EMA on the daily chart as long as spy maintains its price above these support levels the uptrend will persist any pullback could be just another buying opportunity what’s more yesterday we saw this hanging man Candlestick pattern all right and uh Al all most people believe that this pattern

is a top signal is a bearish reaction in fact according to Thomas Bukowski’s studies it is a bullish continuation pattern more often than not roughly 59% of the time if I recall correctly just take a look at his website the parents site.com for more information now the QQQ is going up as well

all right as expected we just broke the previous alltime High we broke the $500 area this is a very good bullish signal and uh we saw we see that this key point over here the $500 is now a future support level if we see a correction materializing however we don’t see any top signal yet all

right so so far the situation is still under control we are still in Crystal Clear bullish territory even if we see pullback that’s not going to be a reason to panic instead it could be just another buying opportunity so let’s watch out how the indices will behave from here meanwhile we

see Nvidia which is going up nicely we see a very nice bullish Pivot Point getting triggered because guys this is a crystal clear buot Trend all right we see higher highs higher lows above the 21-day EMA the exponation moving average which is right now pointing upwards and uh well we just broke the

previous top level materializing a new higher high higher low continuing the bullish sentiment the 144 is a technical support level is a shortterm support level if we see Nvidia correcting that could be a very good place for us to see another bullish reaction if we lose the 144 we could retest

lower support levels like the 21-day em for now there is not a single bearish evidence over here suggesting a possible correction ahead we are still in Crystal Clear bullish territory when we take a look at the weekly chart we see that Nvidia is rejecting last week’s candle which was a

bearish angle Candlestick pattern and us I always tell you guys this pattern is a bearish reversal Candlestick pattern more often than not roughly 79% of the time according to thas bossk’s studies however this pattern wasn’t triggered all right if we don’t see a pattern getting

triggered it is not a valid pattern to trade all right so this is the main difference between real Traders and the gamblers all right gamblers they just try to predict what’s going to happen next while a professional Trader wait for confirmation even even if this means that he will sacrifice

part of of his gains all right so a very simple situation although it was a very ugly bearish reaction below the previous alltime High over here by the way Nvidia frustrated this bearish reaction and this is an extremely extremely powerful bullish indicator so right now Nvidia is supposed to keep

going up our next technical support level is 144 let’s watch this key Point very closely now guys the opportunity is is coming next Wednesday all right Wednesday registration for the none;">Finance Hydra VIP mentorship program will begin where you will learn solid swing trading strategies from me and that we receive real time support as well we are going to literally trade together mark this date all right next Wednesday and I get ready to secure your place just

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services all right all the details are there all the details every single detail just join the Finance Hydra VIP mentorship program right now now Tesla one of the most

powerful bullish reversal chart structures all right by breaking the 265 Tesla is materializing two possible patterns all right we see this fantastic cup and handle Candlestick pattern all right great cup and handle Candlestick pattern over here it is not a perfect it is not a perfect pattern but

it is still a valid bullish chart structure to work with and of course there is also the possibility of this being an inverted Head and Shoulders chart pattern all right and by breaking the 265 we are triggering the neckline of this pattern as well so either way either way we have two possible

extremely bullish Candlestick patterns on the weekly chart getting triggered this week all right our first technical Target is of course the $300 which well essentially we hit today all right but uh by breaking this key resistance level well the alltime high is going to be a very very easy target

to aim this could be the major inflection point for Tesla all right and it is the first it is the first Crystal Clear major bullish reversal chart structure since I don’t know since 2021 over here so it is a very very good bullish chart structure suggesting that Tesla is reversing the

long-term Trend the long-term bias turning finally turning bullish again seeking the alltime high resistance level now you may ask oh but Nathan we are quite too too stretched right I mean we have this resistance level near the $300 we are right around this point right now today so what if we see a

top signal like tomorrow well in this scenario Tesla could correct to the 265 or maybe in the worst case scenario to the 21-day EMA again and then we’ll see how to proceed all right for now the situation is clearly under control and guys I can’t record a longer CashNews.co today because

I’m crazy crazy busy right now but of course tomorrow we’re going to do another complete analysis here in this channel so if you’re not a subscriber bro subscribe because we are here every single day talking about Tesla Nvidia Spike CQ AMD paler broadcom super micro super micro

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