Mag7 Tech Stocks - The Fight is ON!!! Edition #12
✅ +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% profit already. We need a strong break above $235 for better bullish confluence but so far so good.
Amazon.com (AMZN) - bullish
+6% profit already. Trade signal posted on September Wednesday. We are getting close to our main take profit area at around $190.
📢 #Amazon $AMZN
— Zelf Trade (@zelftrade) September 11, 2024
Long as close as possible to $174
Target $190
Stop $171 pic.twitter.com/wCI8rTmopc
Microsoft (MSFT) - bullish
Perfect bullish move when price got close to $390 as suggested. Price has just confirmed bullish trend continuation by clearing the highs of $427. Any retrace as close to $415's is a buy.
Apple (AAPL) - bearish
NO TRADE setup here, bearish idea remains the same although it seems to have found a temporary bottom, bullish upon a break above $225 or wait for a bigger retrace toward $210's.
Alphabet (GOOGL) - bearish
Macro bullish, short term bearish. Not much to do here short term other than wait. Ideal macro long entry at $130's.
Meta Platforms (META) - neutral
Tomorrow close will be crucial. If we close the week above $525 this will be a bullish reversal confirmed.
Previous report HERE:
Luis Ricardo Guizado
Disclaimer
Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
