Hello, Tigers, the upward trend of some hot stocks this week may be stalled?
$Tesla Motors(TSLA)$ has fallen back to a certain extent, drop over 8%,
Tesla Director Kathleen Wilson-Thompson just sold 34.6 million worth of TSLA shares. This is her first sale since September 8, 2022. Shares went on to plunge more than 50% over the following 4 months.
At the same time, a well-known US stock trader who has been publicly shared on x that he thinks $Tesla Motors(TSLA)$ could pull back to $300.
The No. 1 market cap stock— $NVIDIA Corp(NVDA)$ currently at $148.88, NVDA has seen some pullback following recent highs. Market watchers are looking for AI-driven demand in data centers and gaming to reignite upward momentum.
Buying pressure pulled out of $Palantir Technologies Inc.(PLTR)$, the popular stock on Tiger Trade. Some investors may wonder whether this is normally a sign to take profits, and wait for a pull back.
Elliottwave Forecast @ElliottForecast the latest analysis:
We expect the bullish cycle from August to extend higher when the current pullback ends above 5695.79. $.SPX(.SPX)$
Are you taking profit? Welcome to leave a message at the end of the article
Meanwhile, here are some stocks the market is bullish on:
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