TECH STOCK ANALYSIS (Amazon, Google, Meta, Apple, Tesla, Msft, Nflx, Amd, Nvda ) #tsla #amzn #nvda

EK NETWORK
1 Apr 202413:33

TLDRThe video discusses technical analysis of major stocks like Nvidia, AMD, Meta, Apple, Microsoft, Google, Amazon, Netflix, and Tesla. It highlights key support and resistance levels, potential breakout points, and significant price movements. The host emphasizes the importance of watching these levels closely, as they could indicate future market trends and potential trading opportunities.

Takeaways

  • ๐Ÿ“‰ Nvidia's stock experienced a flat day with a high rejection at the 5-day moving average (around 9917) and support at 898-900.
  • ๐Ÿ“ˆ AMD's stock rose 1.58% but failed to fill the gap above 188, with strong support at the 5-day moving average (180).
  • ๐Ÿš€ A potential breakout for AMD if it can stay above 184, with a move up to the gap at 180-8 and possibly retesting the 20-day moving average at 191.
  • ๐Ÿ’ก The trader shared a successful options trade on Meta (formerly Facebook), buying calls at 482 and selling before the rejection at 497.
  • ๐Ÿ“Š Meta's stock held above the 490 support level, with resistance at 497 and a lower support at 480.
  • ๐Ÿ“‰ Apple's stock dipped but held the 170 support level, with a potential significant move anticipated soon.
  • ๐Ÿ“ˆ Microsoft's stock saw a significant breakout, trading above the 422.25 level after filling the gap at 4218.7.
  • ๐Ÿ“ˆ Google's stock displayed bullish momentum, breaking above 155, with potential resistance at 157 and support at 153.
  • ๐Ÿ“ˆ Amazon's stock reached a new high and held above 180, with the next target at 185.
  • ๐Ÿ“Š Netflix's stock rebounded from a low of 605.5, with support at 614 and resistance at 618 and 630, and earnings upcoming.
  • ๐Ÿ”ง Tesla's stock closed the gap at 175, with support at 175 and resistance at 180 and 186.2, and another gap down at 165 to watch.

Q & A

  • What is the current situation with Nvidia stock according to the transcript?

    -Nvidia stock is flat on the day, with a high of 922 and a rejection from the 9917 5-day moving average. It is holding above 898 to 900, the rising 5-day moving average, and closing at 93.63. If the stock stays below 898, there could be a significant drop to 840 or even the gap at 823. However, if Nvidia can clear and hold 9117, a move up to 926 and then 960 is possible.

  • What is the significance of the 5-day moving average for AMD stock?

    -The 5-day moving average for AMD stock is sitting at 180, which is a strong support level to watch. If the stock can stay above this level, it indicates positive momentum. However, if the stock closes below 184, it could lead to a drop down to the gap at 164.90.

  • What was the successful trade mentioned in the transcript for Meta stock?

    -The successful trade for Meta stock involved buying calls at 495 when the stock opened at 482. Within 5 to 10 minutes, the stock price skyrocketed, allowing for a profitable trade as the calls went in the money and over the money.

  • What is the current support level for Apple stock?

    -The current support level for Apple stock is 170. The stock has been holding this level and if it continues to do so, a potential breakout above the 20-day moving average at 172 could occur, leading to further gains.

  • What is the significance of the bull flag pattern for Microsoft stock?

    -The bull flag pattern for Microsoft stock signifies a continuation of the bullish trend. The stock has broken out from this pattern, gapping over the resistance at 4218.7, and is now trading above this level. This indicates a strong upward momentum and potential for further gains.

  • What was the bullish signal for Google stock mentioned in the transcript?

    -The bullish signal for Google stock was a huge bullish engulfing candle, which indicates a strong buying interest and potential for a significant price increase. The stock has also broken out over 155, which was a key resistance level mentioned in a previous video.

  • What is the next resistance level for Amazon stock after breaking 180?

    -After breaking and holding above 180, the next resistance level for Amazon stock is 185. If the stock can maintain its position above 180, it could potentially move up to this level.

  • What was the day trading opportunity for Netflix stock?

    -The day trading opportunity for Netflix stock was when the price dipped to 605.5, which was a significant support level. Those who bought at this support level could have made a profit as the stock price rebounded back up to 615.

  • What is the importance of the 175 level for Tesla stock?

    -The 175 level is important for Tesla stock as it is a support level. As long as the stock can hold above this level, there is potential for a breakout above 180, which could lead to further gains and closing the gap at 186.72.

  • What is the potential catalyst for Netflix stock in the coming weeks?

    -The potential catalyst for Netflix stock in the coming weeks is the release of its earnings report. This event could significantly impact the stock price, either causing a dump off or sparking a massive rally to the upside.

Outlines

00:00

๐Ÿ“‰ Nvidia and AMD Stock Analysis

The paragraph discusses the technical analysis of Nvidia and AMD stocks. Nvidia's stock is flat, with a key resistance level at 917 and support at 898 to 900. A break below support could lead to a drop to 840 or the gap at 823. AMD's stock is up 1.58% with a strong support level at the 5-day moving average (180). High volume buying was observed, but it couldn't close above 184, which is a potential breakout point for a move up to the gap at 1808 and possibly retest the 20-day moving average at 191.

05:01

๐Ÿ“ˆ Meta, Apple, and Microsoft Stock Updates

This paragraph provides updates on Meta, Apple, and Microsoft stocks. Meta's stock experienced an explosive move at opening, with calls going in the money. Support and resistance levels are identified at 490 and 497, respectively. Apple's stock is down, with a focus on the 170 support level and potential breakout above 20-day moving average at 172. Microsoft's stock has a significant breakout, gapping over a flag at 4218.7, and the stock is trading above the gap, indicating strong support.

10:03

๐Ÿš€ Google and Amazon's Bullish Trends

The paragraph highlights Google's bullish trend, with a potential move up to 155 and beyond, following a bullish engulfing candle. Amazon's stock is also discussed, with a focus on its breakout above 180 and potential resistance at 185. Netflix's stock is mentioned with a 1.15% increase and a key support level at 614, with potential for a move up to 618 and 630, especially with upcoming earnings that could act as a catalyst.

๐Ÿ“‰ Tesla's Stock Performance and Outlook

The final paragraph focuses on Tesla's stock, which closed at 175 after filling a gap. The stock is expected to breakout above 180, with resistance at 186.22. Support is identified at 175, with a gap down to 165 as something to watch. Additionally, a Ballinger band squeeze is noted, suggesting an imminent significant price movement.

Mindmap

Keywords

๐Ÿ’กMega cap stocks

Mega cap stocks refer to companies with a market capitalization of over $100 billion. These are typically large, well-established companies with significant influence on the stock market. In the video, the focus is on technical analysis of these stocks, indicating their importance in the financial market and the potential impact of their performance on investors' portfolios.

๐Ÿ’กTechnical analysis

Technical analysis is a trading discipline used to evaluate investments and identify trading opportunities by analyzing historical price and volume data. It is a method used in the video to predict future price movements of stocks by examining trends, patterns, and various technical indicators.

๐Ÿ’ก5-day moving average

The 5-day moving average is a technical indicator that smooths out price noise to identify trends in stock prices over a five-day period. It is calculated by adding the closing prices of a stock for the last five days and dividing by five. In the video, the 5-day moving average is used to determine the short-term trend and support levels for stocks like Nvidia and AMD.

๐Ÿ’กSupport and resistance levels

Support and resistance levels are price points in the trading chart that have historically shown a tendency to reverse or halt price movements. Support is a price level where a stock is expected to find buying interest, while resistance is a level where selling interest is expected to be strong. These levels are crucial in technical analysis as they can indicate potential entry and exit points for trades.

๐Ÿ’กPrice gaps

Price gaps, or gaps, occur when the price of a stock jumps from one level to another with no trades happening in between. Gaps can be upward, indicating buying pressure, or downward, indicating selling pressure. They often act as either support or resistance levels and can be significant in technical analysis as they represent areas of high interest or change in market sentiment.

๐Ÿ’กBollinger bands

Bollinger bands are a statistical chart indicator used to measure volatility by comparing the relative highs and lows of a stock's price to its moving average. The bands consist of a simple moving average (usually 20-day) and two standard deviations above and below this average. When the bands widen, it indicates increased volatility, and when they narrow, it suggests a period of consolidation.

๐Ÿ’กBreakout

A breakout in trading refers to a situation where the price of a stock moves beyond a resistance level or a pattern of consolidation. This is often seen as a bullish signal by traders, as it suggests that the stock may continue to rise in price. Breakouts can be used to identify new uptrends and potential buying opportunities.

๐Ÿ’กLive trading

Live trading is the practice of buying and selling financial instruments, such as stocks, in real-time as market conditions unfold. It requires constant monitoring of the market and quick decision-making based on the latest data and trends. The video creator offers live trading ideas as part of their subscription service, indicating that they provide real-time analysis and recommendations.

๐Ÿ’กPatreon

Patreon is a platform that allows creators to earn a monthly income by providing exclusive content to subscribers, or 'patrons.' In the context of the video, the creator is promoting their Patreon page as a way for viewers to support the channel and gain access to additional content, such as daily trade ideas and live trading sessions.

๐Ÿ’กEarnings report

An earnings report is a formal record of a company's financial performance over a specified period, typically a quarter or a year. It includes information such as revenue, net income, earnings per share, and other financial metrics. Earnings reports are closely watched by investors as they can significantly impact a company's stock price, depending on whether the reported earnings meet, exceed, or fall short of expectations.

๐Ÿ’กTechnical indicators

Technical indicators are tools used in technical analysis to help traders identify and interpret past price movements and potential future trends. They are based on mathematical calculations and can include a wide range of tools such as moving averages, relative strength index (RSI), and Bollinger bands. In the video, technical indicators are used to analyze and predict stock price movements.

Highlights

Nvidia stock experienced a flat day with a high rejection at the 5-day moving average.

A potential dump for Nvidia stock is seen if it falls below 898, possibly down to 840 and the gap at 823.

Above 898 to 900, Nvidia stock could face resistance at 917, with a potential move up to 926 and 960 if cleared.

AMD stock rose 1.58% but failed to fill the gap above 188, currently trading at 183.24.

AMD has strong support at the 5-day moving average, sitting at 180, with a potential dump off to the gap at 164.90 if support breaks.

High volume buying was observed for AMD, but it was unable to close above 184, which could indicate a breakout if achieved.

The presenter's X account on TradingView is mentioned as a platform for free interaction and questions without subscriptions.

Meta stock had a significant opening play with calls purchased at 495, exploding in value within minutes.

Meta stock faced rejection at 497 and the trend line, holding above support at 490.

Apple stock is down, holding 170 as support, with a potential big move anticipated soon.

A breakout for Apple stock is signaled by a move above 20-day moving average at 172, with potential to reach 177 and 180.

Microsoft stock saw a huge breakout, gapping over the bull flag at 4218.7 and trading above 422.25.

Google stock delivered on the bullish prediction, with a massive bullish engulfing candle and a breakout over 155.

Amazon stock reached a new high and is attempting to break out of the 180 range, with the next target at 185.

Netflix stock provided a day trading opportunity with a low of 605.5, trading above the 20-day moving average at 614.

Tesla stock closed the gap at 175 and is expected to hold, with a potential breakout above 180 and closing the gap at 186.72.

Ballinger band squeezes are noted for both Apple and Tesla stocks, indicating potential big moves.