Hello everyone! Today i want to share some technical analysis with you!
1.
$Tesla Motors(TSLA)$ posted a double miss, net income down 70% YoY and the stock barely flinched.
When bad news is priced in, there’s only one direction left to go...
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2.
“TA doesn’t work in this market, it’s all headlines.” Since retesting their 2021 highs:
$SPDR S&P 500 ETF Trust(SPY)$ +13%
$Invesco QQQ(QQQ)$ +16%
$Microsoft(MSFT)$ +13%
$Alphabet(GOOG)$ +18%
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3.
$CrowdStrike Holdings, Inc.(CRWD)$ Liquid leader closing above the neckline with AUTHORITY today.
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4.
$S&P 500(.SPX)$ S&P 500 parked almost perfectly in the middle.
~700 handles off the lows. ~700 from ATHs. ⚖️
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5.
$Palantir Technologies Inc.(PLTR)$ Tough to find a stronger name in this tape than PLTR right now.
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