Hello everyone! Today i want to share some technical analysis with you!
1
$Alibaba(BABA)$ So far up 8.12% from the lows when the RSI was the most oversold in history.
The other 3 most oversold RSI's had short-term returns of:
16.61% in 8 trading days - August 2021
19.09% in 2 trading days - December 2021
69.37% in 6 trading days - March 2022
2
$ServiceNow(NOW)$ This closed above a crucial supply zone today.
Low overhead supply until around $118.50.
3
$CoreWeave, Inc.(CRWV)$ Potential inverse head and shoulders trying to form on the weekly candle chart.
4
$Amazon.com(AMZN)$ Inverse head and shoulders with a recent MACD cross and volume shelf setup with a large volume gap above.
5
$Palantir Technologies Inc.(PLTR)$ Held up exactly where it needed to this week.
Follow me to learn more about analysis!!
Comments