Hello everyone! Today i want to share some technical analysis with you! Hope it can help you!
The stocks are as follow:
$Snowflake(SNOW)$ Insiders starting to buy in at a discount after a brutal post-earnings sell off -- including a $5M purchase from new CEO Sridhar Ramaswamy.
Do we hold the higher low?
$Invesco QQQ Trust-ETF(QQQ)$ First weekly bear MACD cross on the Nasdaq since August 2023.
The last one marked the start of a ~2 month pullback.
$Northrop Grumman(NOC)$ Given all the headlines this weekend, its probably worth watching some of these setups in the Defense sector this week.
$Lululemon Athletica(LULU)$ Shares of Lululemon have been decimated lately, down over -30% over the last three weeks. LULU From a Trailing P/E standpoint, this is the cheapest shares have been since September 2017.
$UnitedHealth(UNH)$ UnitedHealth is testing the bottom of this multi-year range ahead of this week's Q1 earnings report... It is a make or break spot.
$Apple(AAPL)$ holds the higher low & volume gap by the skin of its teeth.
Highest weekly volume since January of 2023.
$iShares Russell 2000 ETF(IWM)$ Russell 2K looks like it has a 200 day SMA test in its future.
$Tesla Motors(TSLA)$ Will Tesla bottom right around 55x trailing earnings once again? đ¤
On Friday, $SPDR S&P 500 ETF Trust(SPY)$ tested its lower Bollinger Band for the first time since the October 2023 bottom. Is this just another BTD opportunity? đ§
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