9 US stocks at critical levels right now — $TSLA $TSM $MU all sitting on major support zones.
$SPCX: 7 red candles straight, now testing the 45-day MA around 150. This level has historically triggered bounces. Watch closely.
$TSLA: 360 is the line in the sand. If it holds here, we could see a bounce. Roadster launch tomorrow might pump sentiment, but only matters if price breaks resistance.
$TSM: Earnings tomorrow. If guidance beats, could ignite a semiconductor sector rally. Chip stocks are coiled.
$SPY: Daily chart still looks like a bull flag. Not dead yet. PPI data will decide if we rip or dip further.
$QQQ: Tech got hit hardest. High valuations = high risk. If PPI runs hot, rate cut hopes die and QQQ bleeds more.
$MU: Potential technical bounce if it reclaims 950-990 zone and flips the downtrend line. Otherwise, fake breakout confirmed.
$PLTR: Holding better than most. 200 level is first support. Need to see if buyers step in after this pullback.
$HOOD: 95-100 zone is critical — weekly trendline + 21/45 week EMAs converge here. A strong bounce with volume could mark a local bottom.
$NBIS: Near the 45-week EMA, historically a strong bounce zone. Daily and weekly trendlines also supporting here.
Don't catch falling knives before PPI drops. Wait for confirmation.
$SPCX: 7 red candles straight, now testing the 45-day MA around 150. This level has historically triggered bounces. Watch closely.
$TSLA: 360 is the line in the sand. If it holds here, we could see a bounce. Roadster launch tomorrow might pump sentiment, but only matters if price breaks resistance.
$TSM: Earnings tomorrow. If guidance beats, could ignite a semiconductor sector rally. Chip stocks are coiled.
$SPY: Daily chart still looks like a bull flag. Not dead yet. PPI data will decide if we rip or dip further.
$QQQ: Tech got hit hardest. High valuations = high risk. If PPI runs hot, rate cut hopes die and QQQ bleeds more.
$MU: Potential technical bounce if it reclaims 950-990 zone and flips the downtrend line. Otherwise, fake breakout confirmed.
$PLTR: Holding better than most. 200 level is first support. Need to see if buyers step in after this pullback.
$HOOD: 95-100 zone is critical — weekly trendline + 21/45 week EMAs converge here. A strong bounce with volume could mark a local bottom.
$NBIS: Near the 45-week EMA, historically a strong bounce zone. Daily and weekly trendlines also supporting here.
Don't catch falling knives before PPI drops. Wait for confirmation.