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Zelf TradeLuis Ricardo Guizado
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Mag7 Tech Stocks - Edition #14
Mag7 Tech Stocks - Edition #14 - Read the full update on Zelf Trade.
LR Guizado•
Mag7 Tech Stocks - Edition #14
Bulls in Charge: Market Climbs Higher
Tesla (TSLA) - bullishÂ
The bulls indeed stepped in. We broke $233 resistance level and now we are on the way to the $260's.
Apple (AAPL) - neutral/ bullish  Â
Great bullish reaction from last report's entry signal. Will be selling all the position at $132-$133 and re entry upon a strong break above previous highs.
Nvidia (NVDA) - bullish
Nothing has changed here, there's not much movement on this one yet. Anybody on the sidelines looking to jump in, the ideal re entry is:
Entry on a retrace toward $107.
Stop loss at $101.
Target $130.
Amazon.com (AMZN) - bullish  Â
It looks like bulls are trying to step in. This is an agressive trade idea as we are at resistance area but it is worth the RR. For any risk adverse traders:
Stop loss: $183
Entry at $187
Target $200
Microsoft (MSFT) - bullish
Quite strong, any retrace toward $420's could be a great long enty.
Meta Platforms (META) - bullish
This one completely left us out. Wasn't expecting this strong parabolic move. Now it has almost hit our target area thought on previous report. As for now, there is no trade setup, rather wait for an ideal entry point upon a retrace.
Alphabet (GOOGL) - bearish
Bullish upon a break above $169 or simply wait for a further retrace toward $130's.
Previous report HERE:
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Mag7 Tech Stocks - Edition #13
The Bulls are back! Yes, the dream team MAG7 stocks are looking f’n good. Now we have a macro confirmation with the Roundhill Magnificent Seven ETF $MAGS which closed last week with a bullish engulfing bar on the weekly timeframe. So what does this mean? RISK ON (we’ll discuss our
Zelf TradeLuis Ricardo GuizadoDisclaimer
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