Will MO, RKLB, GLD, TSLA& .SPX Get Supported?

Hello everyone! Today i want to share some technical analysis with you!

$SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ The opening gap down in futures has been bought the last 4 Monday's in a row.

Time to break the streak or we going for #5?

$Tesla Motors(TSLA)$Entering oversold territory on the weekly candle chart as price tests the April pivot VWAP zone.

When the RSI got hit this low last April, price bottomed within 3 weeks. I.e. we may be in for a final capitulation event in the coming weeks.

$SPDR Gold ETF(GLD)$ Metals were falling w/ equities for three weeks straight. This was the first week that metals stabilized as the market continued down.

This is generally the first sign of potential short-term stability on the equities side of things.

$Rocket Lab USA, Inc.(RKLB)$Notable trend line breakdown last week.

$Altria(MO)$Bull flag setup on the weekly candle chart.

High probability people are lighting up more in these conditions... 😂

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Rocket Lab Plunges: Repricing the Space Sector? Time to Buy or Exit?

Rocket Lab dropped 7.60% on Friday to $60.93. Intensifying competition from SpaceX has also prompted institutions to reassess the profit visibility of independent commercial space companies. Whether the $60 psychological support can hold, along with next quarter’s launch cadence and contract guidance, will be key catalysts for the stock to regain momentum. How do you view RKLB’s current price? Under pressure from SpaceX, will RKLB continue to decline? At what price would you consider buying Rocket Lab?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Will MO, RKLB, GLD, TSLA& .SPX Get Supported?

Comments