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

okay so today the market is showing a very good reaction just when it is above our main inflection points in fact it is an excellent technical move which makes the idea of a bearish reversal more unlikely while strengthening the uptrend over here the previous uptrend so in this CashNews.co

we’re going to analyze our stocks and see what to expect next if you don’t know me well my name is Nathan it’s a pleasure to see you guys over here well welcome to the none;">Finance Hydra Channel where you receive unbiased analysis every single day no guess work no good feelings no assumptions here we only work with facts technique and strategies welcome or welcome back to our Channel now as we can see here spy is materializing a very good

meaningful bullish reaction above our critical inflection point today’s reaction trying to break yesterday’s High could be seen as a possible above the stomach Candlestick pattern which is a quite reliable bullish Candlestick pattern that works more often than not in fact this bullish

reaction over here is very good because it is above a double support area above first the 21-day EMA the exponential moving average over here and above the 565 the previous Topp level which is acting as a support level right now following ing the principle of polarity in technical analysis now this

reaction Above This inflection point suggests that yes spy is still bullish it is maintaining the bullish bias and it is rejecting the possibility of a bearish reaction right here right now and if if you allow me to use this word I’m going to tell you guys that as long as we stay above this

double inflection point we are in a in a relatively safe situation all right again if you allow me to use this word in this context because only by losing this double support level we’re going to actually trigger a meaningful reversal on the daily chart and possibly a pullback on the weekly

chart back to the 21 week EMA over here our next support level all right so so far apparently apparently the situation is still under control over here on Spy similarly we see the CU Q trading above its double support level above the 21 Day ma above the 476 however here the situation is a little

bit more complicated because because we have two resistance levels above the price the first one and the most dangerous one in my humble opinion is the 593 because this key point over here is a gap Target it was a gap from July 17 all right a previous support level which which did act as a

resistance level with an astonishing Precision over here on September 26 therefore this resistance level is going to be quite problematic for the QQ is still a quite problematic key point for the QQ so we got to break the 493 as soon as possible in order to materialize a good a good bullish chart

structure known as bullish Pivot Point by making a higher high higher low by breaking the previous High we’re going to trigger a bullish Pivot Point suggesting that we could seek the alltime high next possibly we could break the alltime high next because the momentum will be very good because

so far so far apparently we are still in a sideways correction all right I know I know we described the idea of a possible Head and Shoulders chart pattern over here uh on the K Kil and on the Spy as well all right I don’t know if you guys can see uh this head and shoulders clearly but uh it

is here all right there is still the possibility of a head and shoulders today’s reaction make this head and shoulders more unlikely yes but uh if we lose the 565 all right we’re going to trigger this bearish chart structure suggesting a sharper pullback yes there is no deny however if

you ask me in spite of this possibility we are just moving sideways all right right now spice price is roughly at the same price it was on September 19th over here all right so apparently we are just moving sideways and you know moves like this are quite dangerous because because if you are if you

are an anxious person who rushes into the market trying to predict what’s going to happen next well you will be very frustrated because you can’t know you are in a consolidation you are in a congestion until it is too late that’s why we have to we have to rules only trade when

there is confirmation of a breakout right and second we don’t overtrade these two things are poison to us are poison to our account because because I’m going to give you guys a real example over here which may shock some of you for instance for instance this one Nvidia all right Nvidia

Nvidia is one of the stocks that is constantly on my radar all right I Monitor and Nidia very closely every single day and since August since August in the last two months how many times do you think we have traded Nvidia all right how many I’m going to tell you guys three times all right

three times I’ve only shared three buy signals with our group so now do you think this is too few that that’s too few oh that’s too few trades Nathan in two months three times that’s too few you guys I’m not here to show that I work I’m here to show results and

the when when do you think we bought when when do you think we bought Nvidia in the past three months all right I’m going to give you guys one chance for each time we bought to for to for each time we bought guys the first one was here August 5 I gave you guys a Buy Signal on our telegram

Channel which is there all right anyone can join our telegram Channel for free for 7 days just to test our service and see for yourself the first by signal was here August 5 near this bottom signal Always by near support levels the second one of course it was right here September 9 when it did this

harami this bullish harami Candlestick pattern on the one hour chart we saw this inverted Head and Shoulders chart pattern this was our second Buy Signal and the last one the last one was here right here October 2 October 2nd over here near the 21-day EMA we made a bullish reaction after a pullback

to our support level without ruining the bullish bias when we bought here for the second time our Target was already the 130 all right and then we went up and then we did this pullback I told you guys guys pullbacks why we while we are in a bull trend are just buying opportunities and then I gave

you guys our third Buy Signal in the last two months on Nvidia all right and this is this is why I always try to teach you guys because trading requires patience all right only if you are patient you’re going to win in this game if you’re not patient well this this game is going to

screw you a lot all right simply because you got to work with a real technique with a good strategy and follow your strategy very closely if if you are not cap if you’re are not capable of doing that well this is not going to be a very good idea for you and of course you don’t have to

stress about the market as long as you know how to trade strategically so join us over there join our telegram channel the 5% project is always open to you there you’ll find you have access to highperformance trading strategies in real time Link in the CashNews.co description come and Lear

with us you can learn you can download our free ebook on technical analysis start learning and then if you like our Channel just join us over there on our website you’ll find the trading statistics all right more than 300 signals were triggered in the past six months and there there on our

website you can find our trading statistics just take a look over there Link in the CashNews.cos description all right now Nvidia back to our analysis Nvidia is just exploding it is up more than 4% today above our Target Nvidia broke our technical Target at 130 now what’s nvidia’s next

technical Target 136 all right if we lose the 130 again all right maybe we’re going to see pullback but remember a pullback over here is not going to be a reason to panic just possibly another buying opportunity all right and this is it a very simple situation Tesla is trying to react above

our support area above this purple trend line above the 21 Day ma this is very good maybe the 245 is not applicable anymore over here so I’m going to delete this line but uh if you ask me Tesla still still has a decent chance of recovering as long as we don’t trigger thisk stop signal

below the 265 okay the situation will remain under control Tesla is still bullish all right Nathan is Tesla bullish or bearish it is is bullish right now on the daily chart it is bullish on the weekly chart it is not bullish on the 1 hour chart yet but it could be all right right now we are making

a promising reaction it does look good it does look good however we got to see a better decent movement over here because right now we are making a very weak Candlestick pattern we deserve to see a better meaningful reaction and then and only then we may see Tesla breaking the 265 resistance level

triggering triggering a long-term bullish pivot point on the weekly chart back to the $300 again which is going to be our next technical Target if Tesla breaks the 265 AMD is on the verge of closing our Gap at 174 which is a technical resistance level all right we are very very close right now we

don’t see any top signal just like on Nvidia right we don’t see any top signal over here there is no bearish reaction there is nothing telling us that AMD could correct from here and even if we see a pullback even if we see a correction any pullback to the 162 or to the 21 Day EMA could

be just a harmless pullback in a b Trend possibly another buying opportunity palter is also exploding more than 6% today this one is heading towards the alltime high it is looking phenomenal here us for NVIDIA us for AMD any pullback to the $38 or maybe to the 21 Day EMA could be just another

pullback because the trend is still very bullish we should see a very very powerful bearish reaction on the weekly chart in order to materialize a sharper correction over here to the $30 area but so far so good we are still above our critical key support level so it is still very bullish now Neo

just like Tesla just like other stocks it is around our support area we are trying to materialize a bullish reaction over here but this alone is not convincing all right it is not enough to convince me at least that Neo is going to reverse this shortterm bearish sentiment but uh it is worth to keep

our eyes open over here because we are near a support level all right we are near the $6 area we are above the previous top level over here at 605 and we are above the 21-day EMA therefore just like I have been telling you guys any any bullish reaction around this support level could present

another buying opportunity I’m going to keep you guys updated on this channel every single day because here again you receive daily unbiased analysis on spy Nvidia Tesla AMD pal Neo Sofi micro super micro super micro computer and much much more so sub subscribe to keep updated on what’s

the best regarding technical analysis price action and trading strategies and remember to join the 5% project for exclusive high performance trading strategies you are free to try just take a look at our website see if you like the service thank you very much for your audience my dear friends stay

safe see you guys tomorrow