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Magnificent Tech Stocks

Mag7 Tech Stocks - The Fight is ON!!! Edition #12

Luis Ricardo Guizado

Luis Ricardo Guizado

— 3 min read
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.

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:

Mag7 Tech Stocks - Edition #11
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 toward $44-$
Zelf TradeLuis Ricardo Guizado

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