$MSFT, $AAPL, $AMZN, $META & $NVDA - Shooting Stars Across the Board
Shooting Stars Across the Board
$Microsoft(MSFT)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $NVIDIA Corp(NVDA)$ closed with a shooting star or gravestone candle on Friday, it is usually bearish considering the gap below those candles.
The first two have been charted already here, and Nvidia doesn't present ER, so Amazon and Meta have a setup that suggest a pullback starting the week, good for Amazon that reports on Thursday, not so good for Meta to head into ER earlier in the week with a bearish setup.
Interestingly, $Alphabet(GOOG)$ $Alphabet(GOOGL)$ is bouncing after months of weakness, looks like risk/reward favors longs in Google, always managing risk.
Have the higher Bollinger band or the 20DMA initiated a pullback for MSFT, AAPL, META and AMZN? Will Google prove true its bullish setup?
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$Microsoft(MSFT)$ - Gravestone candle clashing with the higher Bollinger band, and the oscillator is printing a bearish crossover. Those conditions usually bring pullbacks as highlighted.
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