1. Apple Inc. (AAPL)
Price Action: Closed at $245.50 (+3.20% on 19 Sep).
Technical Indicators:
Support: $240 (recent consolidation zone).
Resistance: $250 (psychological level and recent high).
Volume Analysis: High volume accompanied the breakout, confirming bullish momentum.
RSI: Approaching overbought territory (~70), suggesting potential for a short-term pullback or consolidation.
Entry Point: $243–$244 (near support).
Take Profit (TP) : $250 (resistance level).
Stop Loss (SL) : $238 (below support).
Risk/Reward : ~1:2 ratio.
2. Tesla Inc. (TSLA)
Price Action: Closed at $426.07 (+2.21% on 19 Sep).
Technical Indicators:
Support: $415 (recent swing low).
Resistance: $435 (previous high).
Volume Analysis: Rising volume on the uptrend indicates strong buying interest.
MACD: Bullish crossover, signaling continued upward momentum.
Entry Point: $420–$422 (near support).
Take Profit (TP) : $435 (resistance).
Stop Loss (SL) : $410 (below support).
Risk/Reward : ~1:3 ratio.
3. Microsoft Corporation (MSFT)
Price Action: Closed at $517.93 (+1.86% on 19 Sep).
Technical Indicators:
Support: $510 (recent consolidation zone).
Resistance: $525 (all-time high).
Volume Analysis: Steady volume supports the uptrend.
Bollinger Bands: Price is near the upper band, indicating potential for a breakout or pullback.
Entry Point: $515–$517 (near support).
Take Profit (TP) : $525 (resistance).
Stop Loss (SL) : $505 (below support).
Risk/Reward : ~1:2 ratio.
Key Observations
Divergences: Intel's underperformance (-3.24%) contrasts with the broader tech rally, highlighting sector-specific risks.
Market Sentiment: Bullish, but overbought conditions in some tech stocks (e.g., AAPL) warrant caution.
News Impact: The Fed's rate cut and NVIDIA's investment in Intel are likely to continue influencing market dynamics.
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