PLTR, AMZN, CRWV, NOW& BABA Welcome Great Upward Momentum!

Jake_Wujastyk
07-02 09:55

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!!

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Comments

  • Harj
    07-02 12:23
    Harj
    What is the impact of inverse head and shoulder on share price and future?
  • Brando741319
    00:21
    Brando741319
    Good
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