$Alphabet(GOOG)$$Alphabet(GOOGL)$ : Chasing Price Action Here is RiskyGreat fundamentals with overextended technicals. Google is returning to its Bollinger range with. The bearish RSI divergence is playing out in the reversal picture. A 5% move is likely this week. Which direction? It depends on the central weekly level posted last Friday🎃.Stock chart for GOOG on daily timeframe showing candlestick price action with overlaid 10 MA in orange 20 MA in blue 50 MA in yellow upward trend lines in green and orange Bollinger bands in purple and green volume bars below in green and red support and resistance levels marked with arrows and numbers like 182.50 181.20 179.50 on the price axis and a lower panel with
$S&P 500(.SPX)$ extended its 4th-wave pullback to the lower end of the Daily FVG support (6870–6807)A long signal 📈 was sent after a bullish SMT at the PDL followed by H1 iFVG confirmationTherefore, the 4th wave is favored as complete✅ at the 6814 low targeting 6950 for the 5th wave 🎯However, a reversal would be expected following the 5th wave 📉- potentially of a higher degree.A cross under 6814 would invalidate the 4th->5th set up, but a Daily close below 6749 would be needed to favor a bearish reversal.$SPDR S&P 500 ETF Trust(SPY)$$E-mini S&P 500 - main 2512(ESmain)$$NASDAQ 100(NDX)$
$XPeng Inc.(XPEV)$ October deliveries 42013. M2M increase ~1% that is less than what we have seen earlier during the year. YoY is less than 100+% that we saw earlier. Overall, not a blow out number to take the stock higher. The price may hold in this area or fall slightly until earnings release. Unless the delivery numbers increase to 5-6% month2month, this stock will trade between $19-$24. They are opening sales in many countries, that will increase operations cost, hopefully the sales picks up briskly compared to cost of operations.
$Palantir Technologies Inc.(PLTR)$ P/E sky high on pure sentiment and speculation with fundamentals no longer in play. Long leap puts/ short covered calls to hedge