Hello everyone! Today i want to share some technical analysis with you!
1.
$PayPal(PYPL)$ acting constructive as price digests a big upside move over the last few months...
Looks due for a pop. đ
2.
$SUPER MICRO COMPUTER INC(SMCI)$ Inverted Composite Chart
Before entering long here, it's smart to flip the chart around and look at this pattern objectively...
Would you fade this move? đ¤
3.
$Invesco QQQ(QQQ)$ In the next seven trading days, more than 30% of the entire Nasdaq 100 will report earnings.
Will this be the spark that finally launches us out of a +4 year channel? đż
4.
Tomorrow is the big day. $Tesla Motors(TSLA)$
Implied move on earnings is +/- 6.5%.
We've seen THREE YEARS of consecutive lower highs, can Elon break the curse? đ¤
5.
$SPDR S&P 500 ETF Trust(SPY)$ The 10-Year Yield is ripping to new multi-month highs alongside the US Dollar, but equities are playing it cool so far...
As risk-free returns rise, investors may start shifting out of stocks, especially with a heated election right around the corner. đ¨
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