Magnificent Tech Stocks
Bulls are back indeed. Last weekly close of the Roundhill Magnificent Seven ETF $MAGS had another bullish engulfing bar now making a new higher high. So what's next? A short term retrace toward $44's as previously mentioned is still in play, this will be the ideal
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
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%
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
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
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.
Magnificent Tech Stocks
Mid-week update Amazon.com (AMZN) - Bullish There’s an aggressive long trade here. Market buy now, dollar cost average your entry on a possible retrace toward $176. Stop tight at $176 Target @ $190 Alphabet (GOOGL) - Bullish This one just confirmed a bullish reversal on lower time frame. Long
Magnificent Tech Stocks
We have been uno reversed. Weekly close - update #5 What to expect on Monday’s open? Roundhill Magnificent Seven ETF (MAGS) Most stock prices from the Magnificent Seven have been on a rise so far. Everything seems to have found a temporary bottom and MAGS etf is currently entering
Magnificent Tech Stocks
Weekly Update #4 Roundhill Magnificent Seven ETF (MAGS) Previous bullish idea hit ✅ We had a perfect pump from the sub $40’s critical level and we are currently entering the resistance zone. $44 - $45’s price action is key, if we get rejected and start trading sub $44’s