Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / META / AVGO

0:00 Okay, so today we see the SPY going up. The QQQ is also going up. When we take a look at this heat map over here, we see that most of our stocks are actually going up today. So today is a very positive day, very optimistic day. However, guys, I got to be honest with you. This reaction is not the ideal because we are still below major inflection points, major resistance levels on the SPY, QQQ and many other stocks have also failed to break their inflection points. Although today we are we are technically going up on this spy, we see another bearish candle below another resistance level. So there is

0:47 technical evidence suggesting that we still need to be careful. We still need to pay attention to these key points very closely, very carefully. So let's see how to proceed, what we can actually do in today's video. Welcome to the Finance Hydra channel. My name is Nathan. In this channel, we always analyze charts. We always identify the most important inflection points of our stocks. So we can help each other so we can trade better. Trading using technique, using strategy instead of gut feelings, guesswork or assumptions. We [snorts] only use the technical evidence to guide us in this market to design intelligent strategies that will help us

1:33 to mitigate losses and maximize profits on every single trade we take. Welcome to another daily update. Now we see the spy going well it is going up today but we see another bearish candle right. What's more, we failed miserably to break the 671 resistance level. All right? Because if we actually broke this key point today, okay, guys, maybe this movement was a false breakout, right? Maybe this was an exhaustion bar. All right? So, so the idea of a recovery was here. All right? But we failed to materialize such movement. We are still below this inflection point. We are not

2:20 making a real bottom signal yet. Once again, if tomorrow, if in the next few days we see another good bullish candle closing above the 671, okay, then guys, we may see another bounce to retest our next resistance level, which is the 21day EMA. All right? And then we'll see. And then we'll see if the spy will actually turn bullish or not. Because right now, as of today, there is no technical evidence suggesting a bullish reversal yet. We are just collapsing. We are just losing momentum. We are below our our main resistance levels. We are below the 21day MA. So, the situation is definitely not good for this spy. Now

3:07 you may say to me ah but Nathan see on the 1 hour chart there is the idea of a head and shoulders I'm so sorry inverted head and shoulders chart pattern right so this could be a reversal what's more there is a possible double bottom over here right so maybe we could reverse right yes maybe we could reverse but we got to see technical evidence on the daily chart to confirm a real rally ahead a real recovery because if we fail again guys that's going to be just another top signal like we had over here like we had over here like we had over here okay we saw many top signals near the 21-day EMA area now we are way below

3:54 this moving average and we are also below the 671 so let's be extra careful if we see another close above the 671 and another bullish candle. Okay, then I agree with the idea of a possible inverted head and shoulders on the 1 hour chart or a double bottom. It doesn't matter. Okay, whatever. That's not important. What truly matters is that we have to wait for technical evidence confirming a real bottom signal on the spy ETF. So only then we can work with the possibility of another recovery. [snorts] And even if we see another recovery, as long as we stay below the 21day EMA, we're going to maintain. We're going to see SPY still

4:40 in bearish territory. All right. So, for now, SPY is far away from reversing its bearish bias. Okay, it's shortterm bearish bias. Now, the CQ is a little bit different. Okay, not that much but a little bit because yes, we are still below the 21day MA, right? We are technically in bearish territory. This moving average has been working as a consistent resistance level multiple times on the cou and today we see another failure to break this key point. So all right, what to do next? Well, in theory, in the absence of a clear amazing bullish reaction proving this bearish momentum wrong,

5:27 we can't help ourselves but expect another pullback, maybe to the 594, maybe to the 588 down here. Okay, we have two support levels that could hold the Cook's price in case a pullback happens. But right now, if you ask me, Nathan, can the CookQ recover and seek higher levels? Well, there is the idea of an inverted head and shoulders on the 1 hour chart as well, but there is no use. Okay, we still need to see a clear very powerful breakout of this 21day MA. So, we can consider Koko as another bullish asset, another bullish stock. Okay, for now we are technically bearish and even

6:13 if we see a clear breakout like we did over here on February 25, this movement also failed. Okay, so technical analysis is not flawless. It's not supposed to be flawless. Eventually, we're going to have losses. What truly matters is how to mitigate our losses and maximize our profits working with a clear risk management strategy to guide us in this market. That's why we use technical analysis because technical analysis is a perfect tool to do that to manage risk using the inflection points we describe to you guys every single day in this channel. All right. So let's wait for a clear breakout of this key point. Now conversely if we see Goku losing the 594

7:02 again then all right then we may see another correction another a sharper correction because this this key point is our last line of defense. Okay the 594 the 588 over here this support level is critical for the QQQ. If we lose this key point, we're going to technically reverse the long-term uptrend. Okay? We're going to see a double top chart pattern like we had over here, right? Like we had over here for a brief moment, like we had over here, right? So, yeah, guys, let's observe how the Q is going to behave from here. We got to see a meaningful breakout of this 21day MA as soon as possible to avoid a

7:47 [snorts] sharper correction. Okay, a more pronounced bearish movement on these charts over here. Now the cuck conversely unlike the spy unlike Q I'm so sorry Nvidia right unlike the spy unlike Q any video is not going up today it is going down it is making a bearish candle right after failing to break the 21-day EMA. So that's very annoying. That's very problematic on the weekly chart. At least we are still dancing around the weekly moving average. But guys, if we see a total failure to break the 187 like in the next few days, we are going

8:33 to technically resume the previous bearish momentum. In this case, we may seek lower levels like the 177, like the 169. Okay, in this case, we can collapse to retest our next support levels. Okay, in the absence of such bullish reaction. Okay, that's the bearish scenario, we can work with from now from here. But if you say to me, Nathan, can I work with a bullish strategy? If we see an Nvidia breaking and closing above the 187.62, making a real bullish pivot point over here, technically yes. But the riskreward ratio is not clear to me yet. Because if we see that happening, then

9:19 okay, we're going to change our bearish bias. Okay, I'm so sorry. Any video will change its bearish bias and then we can work with a bullish strategy. In this case, we can focus on the 196. But it all depends on the riskreward relationship of a long position in this context. Okay, in this context, let me exemplify this to you guys. For instance, we have Tesla. Okay, we see Tesla, right? It's going up today, making a bullish candle. Unlike the SPY, unlike CookQ, we see a bullish candle right now. Ah, but Nathan, we are still below this 21day MA, right? It's even worse than than the SPYQ because Tesla is technically bearish, right? Yes, it's very bearish. Okay. However, there is

10:05 the idea of a possible inverted head and shoulders over here on the daily chart. Today's reaction could be the beginning of this amazing powerful bullish reversal chart formation. If we see that happening, Tesla could easily reverse and seek higher levels. What's the plan over here? We still need to wait for a clear breakout and close above the 408.33. If we see close above this key point then okay Tesla will convince me that it is actually reversing the previous bearish bias and in this case we may see another recovery medium-term wise over the past few days or possibly uh in the

10:50 next few weeks. All right. So okay we see a possible reversal inflection point at the 408. How to work with that? Well, by making a clear breakout, it's possible to buy. Yes, of course, it's not an advice, okay? In this channel, I'm not an advisor. All right? I'm here just sharing my ideas, my thoughts on this YouTube channel. I started this channel only to practice my English, okay? I could never imagine we would have what 25,000 people right now. So, this is unthinkable to me. Okay? I'm just sharing my ideas. I'm not an adviser. I'm just sharing a few thoughts. It is possible to buy but where to place the stop loss? Technically the stop loss of a head and shoulders when you are trading a head

11:37 and shoulders is the second shoulders low at 389.95. Because if we see Tesla triggering this head and shoulders, I'm so sorry, inverted head and shoulders and then losing momentum again, losing the 389, that's going to reject this chart pattern entirely. Okay, that's going to ruin our idea. So that's the key point you should exit. So in order to mitigate your losses because in this case we're going to continue going down. The bearish momentum will just persist and this breakout was just another boot trap. Okay. So that's the plan for you. What about the target? Well, we have a few targets in mind. Okay. Maybe we can work with the 436, maybe the 451. We or maybe even this gap

12:24 over here. It depends on your strategy and of course it depends on how long are you willing to hold your shares. All right? It all depends on the strategy you are using. Okay? There is no right and there is no wrong. But if the riskreward ratio makes sense. Ah Nathan [snorts] my risk is this. Okay. Is this size while the reward is this size? It's bigger right? Yes. It's bigger. So to me it's perfectly valid. Okay. It does make technical sense. All right. So, I like that kind of idea. Okay. If Tesla confirms such movement, all right, again, it's not a call. I will I'm not going to do that. Okay. I have way better stocks in mind to trade right now. So, it's not something that I will

13:10 do if I see happening, but it is an idea. Okay. It is a possibility. Now, ah, but Nathan, what if we see Tesla losing the 389 over here? Then okay, again bearish continuation. We have the 382. We have other support levels below the price like the 367 or the 357 down here. Okay, in this case we're going to just seek lower support levels. All right, if you ask me guys, now is the moment to focus on low battery stocks. Okay, I have other ideas in mind as I told you. And once again, if you want to trade with us, if you want to trade with me, join our telegram channel because only there I can share signals, strategies in real time with you guys, okay? We literally have hundreds of

13:57 traders over there who are making money consistently because we know how to work strategically using the inflection points to our advantage and of course how to trade the right stocks at the right time. All right, so that's how we do. Okay, for instance guys, take a look at this heat map again. Okay, some sectors they are supposed to perform well. Even when we see the broad market collapsing on a weekly basis, we still see most of our stocks going down. But for instance, on our telegram channel, I did recommend many stocks that are going up over here. For instance, energy minerals sector, we bought Exom Mobilebile, we bought uh DVN. Okay, all these stocks we bought near support

14:44 levels. Exommobile we bought over here near the 21day EMA. It is flying right now. DVN we also bought over here near our moving average and it is simply exploding. This one we bought over here if I recall correctly. So we know which stocks to buy even when we see the broad market collapsing like this. Even when we see the spike Q on this mess. Okay, we know how to pick the best stocks consistently. Okay, we don't have 100% accuracy, but we know how to mitigate our losses and maximize our profits and of course how to enhance the odds to our advantage on every single trade. Okay, so if you want to help with that, remember, join our Telegram channel.

15:31 It's totally free to try. I offer you guys a free trial because I I am very confident that we can deliver valuable information to you. Okay? So, just take a look over there. I'm sure you're going to like what we have to offer. The link is in this video's description. All right. Now, AMD, right, or Lady Amy, it's going down today. Well, it's roughly on break even. All right. Minus0.14%. That's not much. But we once again we are still below the 21day MA and above the 190s. So we are still between resistance and support levels. Only a breakout of one of these two key points could bring something new. All right, we

16:16 don't know yet to which direction AMD is going to break. Okay, maybe we're going to see an upwards breakout. Maybe a downwards breakout. We can't possibly tell if we see an upwards breakout. Okay, this huge gap at 237 will be our next technical target. If we see downwards breakout, okay, this gap over here at 170s will be our next technical target. So, it doesn't matter. All right, these are our inflection points right now. Pay attention to them. You can use them to your advantage, okay, to work with our next strategies. All right, and right now we have Palunteer. This one is a little bit easier to work with. Not as easy as AMD, okay? But it is certainly easier than Tesla and a and

17:03 Nvidia because this one is technically bullish. All right, it is bullish. It is above the 21day MA. We saw a clear bullish reversal chart pattern over here, right? Right above the 128, right above the 125. So yes, we are bullish. What's more, today we see a bullish reaction closing above a few candles highs over here, right? Making a bottom signal above the 21day EMA. So, this only reinforces the bullish case on Palunteer. If you ask me, Palanteer is supposed to retest the 165 next. Okay, not an advice. It's not a call. Once again, we are not trading Palunteer, but I do understand that we see another we

17:48 are seeing another rally to our next resistance level. Okay, there is not even a single technical evidence suggesting a bearish reversal, more bearish continuation. Now, what could possibly reject this bullish case on Palunteer? See this key point over here, 148.58. If Palenter loses this key point again, which is very close to the 21day EMA. If we see that happening, all right, we may see another pullback, maybe to the 140s, maybe to the 128 area again. All right, but uh as long as you stay above these two key points, 21 day MA 148, the bullish bias is supposed to persist

18:35 unless we see technical evidence proving us wrong in this context. All right. So guys, bullish until proven otherwise. Now we have Meta. This one is going down today. It is making a horrible reaction. This reaction is horrible. It simply sucks. We are below the 21day EMA. We are losing this support level. We are trying to lose the 618 support level as well. Right. We are right near this support area. Okay, this gap support area. All right. Now we see only bearish candles. The past four candles, they were insanely bearish. Okay, so I do not like this situation. [snorts] Now, but Nathan, what if we see Meta making a very nice, very powerful bullish candle

19:23 near this gap support level? What if we see that happening like tomorrow or in the next few days? In this context, yes, we may see another bottom signal suggesting a true recovery on Meta. We are still below the 21day EMA. Yes, we are. But uh since we are near such relevant support level, it is a little difficult to to ignore the idea that we may bounce and seek higher levels like the 670s or maybe even the 680s up here. Okay? Because in the end, we are not bearish. All right? Meta is more like sideways. We are dancing around this moving average over the past few months with without a clear direction. Okay. So

20:09 we could see recovery if we see a bullish candle but again there is no such reaction yet. There is no clear reaction. We can't rely on this scenario. Okay? We can't count on that. As of today we only see another bearish candle losing support levels losing yesterday's low. So no, it is not a buy, but it could be if we see the right reaction. In the absence of a clear reaction suggesting a bottom signal, we may just retest lower levels like the 600s again. All right. And right now we have Broadcom, guys. Broadcom is below the 21day MA is still above the 316, above the 308 support

20:56 level. All right. So it is more like another sideways congestion. Okay, we are approaching a support level which is good which is interesting but uh we have to wait for a good technical reaction suggesting a bottom signal so we can buy Broadcom again. Okay, in the lack of such reaction, we can't buy Broadcom. It is only going down. It is approaching support levels. It is not reacting at all. So yeah, it's it's not looking good. Okay, it's definitely not looking good. Conversely, if we see a an actual loss of this support level, in this case, Broadcom will be very dangerous. We see the idea of a head and shoulders chart pattern on the weekly chart. We are

21:42 already below the weekly moving average. Okay. So, if this scenario materializes, we may retest lower levels. Our next technical support level is only at 251. Okay. So, we have plenty of downside left if we see the loss of this double support level. So, if you ask me, Broadcom is pretty much like Meta. If they're going to react, now is the best time to do so. Okay, it's the perfect time to do that. But there is no reaction yet. Okay, to me, these high bet stocks, they all depend on how they spy and cu are going to play from here. If they break their resistance levels, okay Meta Broadcom AMD Tesla

22:27 Nvidia, they will have a better chance to recover. Right now, as of today, yes, we have to wait for a better signal. Either way, guys, I'm going to be here every single day keeping you updated on what's going on. So, remember, subscribe this channel, click on the like button because if you don't subscribe, you will maybe you're going to miss my future videos. All right? So, subscribe right now. Join the Finance Hydra channel. If you want to trade with us, join our Telegram channel for more insights, for more ideas. The link to my website is in this video's description. Okay, take a look over here in the description. Thank you so much, guys. Stay safe. See you tomorrow as usual. Bye-bye.