BullBearInsights

BullBearInsights

Price Action Current Trend: PLTR is continuing its upward momentum, following a strong move that began earlier this month. It is currently trading near its recent highs around $38.19. Price Range: The stock has formed a higher high and is near a significant resistance level, with potential consolidation or a breakout setup. Support & Resistance Levels Immediate...

BullBearInsights

Price Action Current Trend: AAPL is in a mild correction after a recent upward move, as seen in the chart you provided. There was a breakdown from the rising trendline, indicating some selling pressure. Price Range: The stock is consolidating between the $226 to $233 range. It is currently near the lower end of this range, which could act as immediate...

BullBearInsights

For Tesla (TSLA) on September 24, 2024, the stock appears to be in a bullish phase following its 5% surge on Monday, September 23. This upward momentum is driven by positive analyst sentiment, including expectations of better-than-expected vehicle deliveries for Q3 and potential upcoming announcements related to Tesla's robotaxi event on October 10. Key Technical...

BullBearInsights

Key Price Levels: Resistance: $119.95: The recent high from prior trading sessions is a key resistance. A breakout above this level could trigger bullish momentum. $116.99-$117.00: Minor resistance. A test and rejection could lead to a downward move, while breaking through could pave the way to test $119.95. Support: $115.38: The nearest support level. If NVDA...

BullBearInsights

For tomorrow's trading session on SPY (S&P 500 ETF), the overall sentiment appears bullish, though some caution is warranted given overbought conditions on several indicators. Key Price Levels: Resistance: The major resistance level to watch is around $572.89, which aligns with the recent highs. This will be a crucial test if the bullish momentum...

BullBearInsights

Technical Analysis Overview: SPY opened with a gap down, reflecting a bearish sentiment following the FOMC. This can indicate volatility at the open as traders digest the implications. Volume Profile: The visible volume profile shows significant activity around the $565.92 and $568 levels, with a large volume concentration in the $561.38–$560.83 range. This...

BullBearInsights

Key Levels: Resistance: 73,363: This is the next major resistance level. BTC has previously been rejected around this zone, as it aligns with the recent high from the June rally. 79,164: A stronger resistance near the psychological level of 80k. Support: 61,000: BTC is currently trading near this level. A break below this could lead to more downside...

BullBearInsights

FOMC release, a few key points emerge for scalping the next day: Price Levels: Support Zones: 561.38: Strong area of support shown by volume shelf on the volume profile. Buyers have stepped in around this level, making it crucial for intraday scalping. 560.83: Another support level where substantial volume has accumulated. Resistance Levels: 568.68: Marked as...

BullBearInsights

Price Action Overview: Recent Trend: PLTR has been in a strong uptrend recently, with a breakout above $34 and making new highs at $36.91. This breakout seems to have been supported by higher trading volume, indicating strength in the move. Current Price: PLTR is trading at $36.35, slightly below its intraday high. It is consolidating near this level, which...

BullBearInsights

SPY is currently trading around $563.10 and is consolidating near a key resistance level of $564.78. Here’s a detailed analysis: 1. Support and Resistance Levels: Immediate Resistance: The $564.78 level is a critical resistance point. It aligns with previous rejections, so breaking above it with high volume could signal a potential upward move toward the next...

BullBearInsights

Amazon (AMZN) is showing bullish momentum today, up around 2.77% in premarket trading. This positive movement follows the announcement of a $10.5 billion investment plan by Amazon to expand its U.K. data centers over the next five years, focusing on cloud infrastructure and AI technology. This news has strengthened market sentiment around Amazon's long-term growth...

BullBearInsights

For tomorrow's trading session (September 12, 2024), Palantir (PLTR) looks to be influenced by the upcoming AIPCon event, scheduled for the same day. This is a significant catalyst, as over 100 organizations, including major players like bp, Aramark, and the National Geospatial-Intelligence Agency, will be showcasing their work publicly for the first time, which...

BullBearInsights

Support and Resistance Levels: Immediate Resistance: $235: This level has been marked as a recent high. TSLA would need to break above this for further upside. $249.89: This is a major resistance zone, and TSLA may struggle to break past it if it moves up aggressively. Immediate Support: $226.46: The current price is hovering around this level. It's a key pivot...

BullBearInsights

Regarding Palantir Technologies (PLTR) for tomorrow’s trading, technical and fundamental factors will play key roles. Technical Analysis for Entry/Exit: Resistance Levels: PLTR is facing key resistance around $35.20 and $36.00, as seen on your chart. These could act as potential sell points if the price reaches them, especially for short-term traders. Support...

BullBearInsights

Palantir (PLTR) is set to join the S&P 500 index on September 23, 2024, which has already led to a price jump of around 7% after the announcement. This inclusion could attract more institutional investors, potentially increasing the stock's liquidity and driving demand higher​. Technical Analysis (PLTR 1-Hour Chart): Volume Profile: Major resistance at $32.70...

BullBearInsights

Chart Overview Price Channel: There's an upward price channel with parallel trendlines indicating higher highs and higher lows. Tesla is trending upward within this channel. Current Price: TSLA is trading at around 225.40, with resistance just overhead. Support and Resistance: Resistance: Around 226-227, which is aligned with the top of the price...

BullBearInsights

Technical Overview Recent Price Action: The price has been trading in a range, consolidating after a previous downtrend. There was a recent test of the resistance at around $73.93, but it appears to have been rejected. The price is now hovering just above the $70.06 level, which acts as a significant support level. Volume Profile: The volume profile shows a...

BullBearInsights

Nvidia's stock dropped 9.5% on Tuesday, marking the largest single-day market value loss for a U.S. company, as investor enthusiasm for AI cooled amidst a broad market selloff. Nvidia's market capitalization fell by $279 billion, reflecting growing caution around AI's potential, which had driven much of the year's stock market gains. This downturn follows...