Optimistic Outlook: BABA, QQQ, MRNA, SNOW& TSLA Will Surge Upward

TrendSpider
05-17

Hello everyone! Today I want to share some positively technical analysis with you! Hope it can help you!

1.

Tesla versus Legacy Auto ⚡

Why does $Tesla Motors(TSLA)$ trade at such high earnings multiples compared to legacy automakers?

The proof is in the numbers:

Elon takes home more dollars per car sold, visualized by their gross profit margins which have exceeded $General Motors(GM)$ for over six years.

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2.

Snowflake is going for its highest weekly close since February. ❄️

$Snowflake(SNOW)$ Friendly Reminder

-- The new CEO bought $5M worth at $158.52 per share in March.

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3.

$Moderna, Inc.(MRNA)$ This ascending triangle breakout, retest & continuation from Moderna is just about as clean as they come. 😮‍💨

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4.

$Invesco QQQ(QQQ)$ currently trying to hold an intraday bounce off the Volume Point of Control of yesterday's session.

Let's see if bulls can hold the line! 🔎

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5.

Alibaba weekly chart is looking the best it has quite some time.

$Alibaba(BABA)$ Will the bull's patience finally be rewarded? 🤔

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