💡 Stocks of the week (26 Aug-2 SEP)

Hey Tigers!

I am Tiger Observer, sharing market information with you! 🔎🔎🔎

I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!

Weekly movers:

• Super Micro Computer $SUPER MICRO COMPUTER INC(SMCI)$ shares fell again last Tuesday after Hindenburg Research disclosed a short position in the server maker and published a report that accuses the company of accounting anomalies, among other issues, following a three-month investigation that included interviews with former senior employees. While fellow artificial intelligence darling Nvidia has rebounded sharply leading into its quarterly earnings report after a recent correction, Super Micro shares still languish towards their August low amid concerns that more expensive next-generation AI chips could eat into profit margins.

  Tiger’s view @barcode

  I’m riding the pre-market wave with $458.51 in my crosshairs~up a crisp +2.16% before the opening bell. It’s like the market just had its morning ☕️ and is ready to take on the 🌏. My chart is the gospel, etched in the sands of market time, telling a tale of resistance, support, and maybe even a plot twist or two. 🎢

  🌟 Key Levels in Focus 🌟

     •   Support: $457.90 is the line in the sand. If we maintain this trendline, it’s game on! Below that, it’s a slippery slope to $445.00 and $430.00, where I’ll be sharpening my claws for the next move. 🐅

     •   Resistance: 👀 up! $468.00 and $476.00 are the barriers standing between us and the next bull run. Breaking these could spark some serious momentum. 🚀

  I’m leaning on my chart’s wisdom, where the trendline is a lifeline that needs to hold above $457.90 to keep the bulls in control. If we dip, $445.00 is my next point of interest, but I’m setting my sights on breaching that $468.00 mark for a power move towards $476.00. Let’s face it~nobody likes a line that doesn’t hold up, whether it’s in the market or at your favourite coffee shop.

  The market is warming up, and this pre-market action is just the appetiser. Liquidity might be limited, but opportunity isn’t. The trend is our friend, and I’m all in for the ride. Will we see the price break those resistance levels and hit the next highs? Or are we in for a retest of support?

$GameStop(GME)$ $AMC Entertainment(AMC)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Apple(AAPL)$ $Alibaba(BABA)$ $Advanced Micro Devices(AMD)$ $Palantir Technologies Inc.(PLTR)$
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