Magnificent Tech Stocks
Bulls in Charge: Market Climbs Higher Tesla (TSLA) - bullish The bulls indeed stepped in. We broke $233 resistance level and now we are on the way to the $260's. Apple (AAPL) - neutral/ bullish Great bullish reaction from last report's entry signal. Will be selling
Commodities
✅ +44% combined ROI Gold (XAU) Macro = bullish / short term = neutral ✅ First 3 day target hit. ✅ +4% profit from previous week's must hold level, now what? Ideal long re-entry upon a retrace toward low $2,500's. Bullish upon a strong close above $2,600. Silver (XAG) Macro
Magnificent Tech Stocks
The Bulls are back! Yes, the dream team MAG7 stocks are looking f'n good. Now we have a macro confirmation with the Roundhill Magnificent Seven ETF $MAGS which closed last week with a bullish engulfing bar on the weekly timeframe. So what does this mean? RISK ON (we&
Magnificent Tech Stocks
✅ +32% combined profit Nvidia (NVDA) - bullish +17% partial profit already and stop adjusted at break even. As mentioned on our last report $100's was a must buy. Price has reacted quite well and $120's highs should be on its way. Tesla (TSLA) - bullish +9%
Commodities
Gold (XAU) Macro = bullish / short term = neutral Today’s daily chart close is crucial. We are currently at resistance from previous highs and need a strong price move above $2,530 for bulls to regain control. Must hold level above $2,500's. Silver (XAG) Macro = bullish / short term
Magnificent Tech Stocks
Monday’s Open Analysis Roundhill Magnificent Seven ETF (MAGS) Last week's close was just horrible. We had a bearish engulfing candle on the weekly timeframe which only implies one thing… The market is weak and we must BE CAUTIOUS. Short term we are looking for a quick bounce
Commodities
✅ +27% combined profit 🚀 Gold (XAU) Macro = bullish / short term = neutral 2% short hit, great RR. Idea posted on last commodities report. The daily chart is showing bullish strength but there’s no need to jump in at market price as we are in the middle of a trading range. Price
Magnificent Tech Stocks
Mid-week update. Nvidia (NVDA) - bullish We are currently at the ideal long entry, small market buy at current price will be smart. A retrace continuation towards $100 is still in play so DO NOT GO ALL IN. Dollar cost averaging your way in. Hopefully we see a strong reaction
Magnificent Tech Stocks
Its Labor Day today and the U.S. market is closed. What to expect for tomorrow’s open? Roundhill Magnificent Seven ETF (MAGS) As mentioned in last Monday’s report, the MAGS etf was showing weakness and was more than likely in for a short term retrace. The retrace is
Commodities
Gold (XAU) Macro = bullish / short term = bearish We are making a small profit on this one. On the daily we did confirmed a bearish engulfing candle but was then reversed by price trending higher. Lower timeframe is telling a different story right now. Smart to take profit on our long
Magnificent Tech Stocks
Mid-week update Nvidia (NVDA) - neutral Nvidia releases its Q2 2024 earnings report today and everybody's eyes on here. Most stocks will move depending on today's earnings report so be careful. Price action wise we are at key level. We break above for bullish continuation or
Magnificent Tech Stocks
Monday's Open Roundhill Magnificent Seven ETF (MAGS) Prices have not been able to break above resistance and we just closed the daily chart on Friday with an engulfing bearish candle indicating a possible retrace so be cautious this week. Most tech stocks are showing weakness short term. Amazon.