Major stocks: Some bottom while some have hard time to sustain.
As I have posted most of these views on Twitter last week, here’s more detailed view on these key stocks.
Nvidia Corp (NVDA): Bounced off a weekly demand zone straight towards daily supply zone.
The battle of demand and supply – Bulls v/s bears!
Meta Platforms (FB):
FB: That megaphone bounce may not sustain.
Microsoft (MSFT):
Weekly channel bounce..Leads to daily 200 SMA and supply zone.
Tesla (TSLA):
The weekly channel support bounceLeads to clearing off 200 days SMA and all the way towards that old flag which once broke out of and the daily 50 SMA.
Alphabet (GOOG):
Yet another weekly channel support bounceLeads to rally above daily supply zone, 50 SMA and now towards 200 SMA.
Apple (AAPL):
No wonder where it bounced from!But not for long perhaps?
Amazon (AMZN):
Breakdown, backtest and retest
Netflix (NFLX):
Yet another weekly megaphoneAnd rallies after days of flagging..
Salesforce (CRM):
Holds 200 weeks SMA and trendline support, headed towards resistance area of 235-240.
Disney (DIS):
Not a picture perfect, yet it bounces inside the channel support towards 20 and 50 SMAs
Walmart (WMT):
Weekly triangle: How long before it breaks out? Just about time..
Paypal (PYPL):
Bounces off exactly off the weekly demand zone towards the supply zone it once broke down of. Time to Get out of the bears’ grips?Not until the 50 days SMA is crossed and sustained.
Block (SQ):
One of those few stocks that showed signs of bottoming outAnd clearly so by crossing yet another daily supply zone.
Macro micro trader 
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