Technical and Fundamental Considerations of QQQ, META, TSLA, GOOG &NVDA

1. $Invesco QQQ(QQQ)$ is nearing the upper boundary of the channel on its monthly candlestick chart, which may pose resistance and a risk of pullback.

@TrendSpider

The chart above illustrates the price fluctuations of the NASDAQ 100 Index from January 2020 to July 2025. The index is generally trending upwards:

  • Channel Lines: The chart depicts an ascending channel, composed of two parallel lines. This channel indicates the support and resistance levels for the price. Prices fluctuate within the channel, encountering resistance when nearing the upper boundary and support when approaching the lower boundary.

  • Current Price: The chart marks the current price at 505.17, close to the upper boundary of the ascending channel.

  • Title and Annotations: The title "Trouble at the top of the channel? $QQQ" suggests that the current price, being near the upper boundary, may face resistance and a potential risk of pullback.

2. The short-term rebound of $Tesla Motors(TSLA)$ is not necessarily a fundamental reversal.

The chart below is a monthly candlestick chart of Tesla (TSLA) stock, with a marked "S/R Flip Zone" (Support/Resistance Flip Zone).

An S/R Flip Zone typically refers to a price level that was historically a resistance level but may turn into a support level once the price breaks through it. In other words, the price level that previously hindered the rise may now act as a support when the price falls.

The English description on the chart, "All this panic is actually just a support/resistance flip on this monthly chart," indicates that the current price fluctuations may simply be a reaction to the previous resistance level turning into a support level, rather than a reversal due to significant fundamental changes.

3.Is the current low P/E ratio and stock price decline of $Alphabet(GOOG)$ an investment opportunity (bargain) or a bad omen?

Monthly Chart

This chart shows the monthly stock price trend of Google along with changes in its P/E Ratio. Below is a detailed interpretation of the information in the chart:

  • Stock Price Trend: In February 2025, Google's stock price fell by over 16%, marking the worst monthly performance in nearly three years. The current stock price is $172.22.

  • P/E Ratio:

    The line chart below the main chart shows the changes in Google's P/E Ratio.

    The current P/E Ratio is 22 times (Trailing P/E), which is the lowest among the "Mag 7" (likely referring to the seven major tech giants).

    A low P/E Ratio may indicate that the stock is relatively cheap, but it could also reflect market concerns about the company's future growth prospects.

4. Is $NVIDIA(NVDA)$ poised to break through its previous consolidation for another upswing?

The chart shows the stock price changes from July 2023 to May 2026. Green arrows indicate the upward trend of the stock price, while yellow boxes mark two consolidation areas, labeled as 1 and 2. After Area 2, $NVIDIA(NVDA)$ appears poised to break through its previous consolidation for another upswing.

preview

5. The trend of $Meta Platforms, Inc.(META)$ seems to be intact.

@BullishBritt

# 💰 Stocks to watch today?(7 Apr)

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  • groovix
    ·03-03
    Your analysis on resistance levels is insightful
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  • Joy34
    ·03-03
    Great analysis
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  • YueShan
    ·03-03
    Good ⭐⭐⭐
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