To The Moon

Tech stocks are showing diverging technical setups, with bearish signals emerging in $NVDA, $GOOG and $NOW, while $TSLA consolidates near key moving averages.

$AMZN is approaching a potential bullish reversal, and deeply oversold $META could be setting up for a relief bounce.

Here are the key levels and setups to watch 👇

🐂 $Tesla Motors(TSLA)$

Consolidation signals are emerging.

Mean reversion toward the rising 20-day moving average is common in this setup, and that average is approaching the 200-day moving average.

Could $380 be next?

🔻 $NVIDIA(NVDA)$

A bearish engulfing candle points to possible downside continuation.

With the close below the next session’s central level of 216.6, the technical targets are 213.2 (-1.0%) and 211.1 (-2.0%).

📉 $Alphabet(GOOG)$

A major gap down may be coming.

The setup resembles one from three months ago that was followed by a rapid gap fill.

The Stochastic oscillator is deeply oversold, similar to the period following last quarter’s earnings selloff.

⚡ $Amazon.com(AMZN)$

The chart would normally suggest a textbook bullish reversal.

But moving-average resistance and broader market pressure could stand in the way.

Will earnings be enough to invalidate the bearish pressure?

🔻 $ServiceNow(NOW)$

The reversal following the upper Bollinger Band breach remains in play.

After-hours selling has pushed the stock below its 20-day moving average near $145, putting the lower Bollinger Band around $129 in focus.

⚠️ $Meta Platforms, Inc.(META)$

Deeply oversold conditions could set the stage for a sharp relief bounce.

Shorts should protect gains and manage risk closely as the potential for a reversal grows.