[Belgrade Bobby]

NASDAQ 100 Daily

Supports at  19.680.00, 19.365.0

Resistances at  20.100.00 & 20.265.00

After two weeks of almost vertical climb , today we saw first the new high and then e a decent bounce of the that high.

As long as it holds above 19.365.00 it can continue to push for more .

[Belgrade Bobby]

NASDAQ 100

Can it possibly break over 20.200.00 and hold within the upper channel ?

 

[Belgrade Bobby]

CRWD (NASDAQ)

Missed Out on Nvidia? Here’s Another Top AI Stock to Buy Now.
CRWD stock has risen by 471.7% over the last five years. The company’s revenue has climbed from $249.8 million in fiscal 2019 to $3.06 billion in fiscal 2024. Analysts expect its revenue to grow by double digits over the next two years, and rate the stock as a “strong buy” overall.

[GVI Forex 2]

Holiday Notice: Juneteenth

The New York Stock Exchange and the Nasdaq are closed on June 19, as are U.S. bond markets. Trading will resume on the morning of June 20.

[Belgrade Bobby]

Nasdaq Composite: Flying on fumes?
The Nasdaq composite  IXIC has now seen five-straight record closing highs which is its longest such streak since an eight-day run of record closing highs from October 28 to November 8, 2021.

In any event, traders are on the edge, as despite the run of record highs, one has to ask himself : is this going to last ???

 

[Belgrade Bobby]

Tesla Inc – TSLA (NASDAQ)

Tesla held its ground today and pattern is emerging pointing Up on the Daily basis.

First target 200.00 , second 230.00

 

[GVI Forex 2]

Nasdaq closed at a record high for 5 th day in a row.

I read calls for another Bank of Canada rate cut in July

Biden-Trump debate in 10 days

First French poll on June 30

IS data has mainly missed on downside but a light calendar next week

No one is talking about stagflation or recession. I read there has only bern one soft landing and that was in 1995

[Belgrade Bobby]

NASDAQ 100 Index

Broke every known resistance and hit the new high once again.

Closing on 20.000 psychological barrier.

 

[Belgrade Bobby]

NASDAQ 100

New high and just below the resistance line. If closes the day above 19400 new advances might be seen.

 

[Belgrade Bobby]

NASDAQ 100 Weekly

Clearly Bullish

 

[Belgrade Bobby]

NVIDIA – NVDA (NASDAQ)

Nvidia stock joins $3 Trillion Club after dethroning Apple and chasing Microsoft

 

[Belgrade Bobby]

Nvidia Corporation (NASDAQ) Daily

It has come to the top of the channel and if it breaks it, another leg up is in the cards, targeting at least 1.300.

[SF Monedge]

Zero immediate effect from ADP on Nasdaq futures.  I am having difficulty justifying the thought of oil going lower/sustaining value below $72.  Also see no evidence saying stocks are done in the broader picture, only indications it could be.

[Belgrade Bobby]

Nvidia  Corporation ( NASDAQ )Daily

It hit the new high today and turned back to support. Now it is on $ 1.080 to hold and allow for the continuation of the Uptrend, or to give a way and start at least a decent correction.

[Belgrade Bobby]

Tesla Inc. (NASDAQ)

And my favourite, almost dear to my heart…Owner of everything ( except a decent stock) ..

It dropped, it bounced a little and now….sideways to nowhere…similar to the Mars Voyage…

I am really keen to hear some new baloney story coming from its headquarters and how they plan to conquer the world.

[Belgrade Bobby]

Nvidia ( Nasdaq ) Daily

Don’t want to brag, but was I right yesterday …

Support held perfectly ( ok ok missed for 1 $ 😀 and new high reached….

1.200 is not all that far away anymore…

[Belgrade Bobby]

Nasdaq 100

Support 18.700

Resistance 19.000 19.400 & 19.700

[Belgrade Bobby]

Nvidia ( NASDAQ) Daily

Supports $1.110.00 & $ 1.080.00

Next stop $ 1.200.00

[Belgrade Bobby]

Tesla Inc ( NASDAQ)

As per request of the public …

Resistance held nicely , support trend line lost and now it is all on Fibo retracement lines.

Daily going back to Bearish – let’s see if $160 can make a difference.

[Belgrade Bobby]

NVIDIA Corp. (NASDAQ)

Monedge and me hit the nail on it last night – for us it was no brainer 😀

Pre market price was obviously a bargain with some discount on top of it…

$990 , $945 – as long as they hold the pressure, we can see it higher.

[GVI Forex 2]

It looks like markets are shifting to ridk iff

See my US500 post

If Nasdaq titns negative (currently +0.20%) it might sound an alarm, especially after Nividia earnings.

[SF Monedge]

Market activity is disjointed on the broader scale.  Nasdaq is bid due to Nvidia and other stock indices are not liking the conditions.

[Belgrade Bobby]

NVIDIA Corporation (NASDAQ) Daily chart

Nvidia shows no sign of AI slowdown after data centre soars over 400%

Pre market price already above previous High

[Belgrade Bobby]

Tesla Inc. ( NASDAQ) Daily

If it loses $ 175 – 130 here we come….

Has to go above $ 185 to stay in the game or face $ 100 figures….

[Belgrade Bobby]

Alphabet Inc. Google (NASDAQ) Daily

180$ is the barrier.

Supports come at $173 & $163

If support at 173 hold, we’ll have another attempt for the new high, but if not…

[Belgrade Bobby]

NVIDIA NVDA (NASDAQ) Daily

If Support at 920 gives a way, we’ll have a Triple Top in place and 750 might be the target this time.

[Belgrade Bobby]

Astrazeneca  AZN (NASDAQ) Daily

Yesterday’s all time high might be the most that we’ve seen for now…looks as ready to start the nice correction IMHO…

[Belgrade Bobby]

Microsoft Corp MSFT ( NASDAQ ) Monthly

More to come or Blow off Rally ?

Pattern wise, looks similar to October 2021. – Bollinger bands wide open – close to a correction .

[SF Monedge]

Monedge views a lot of “internals” including those pertaining to stocks, not only in the US, to find a consensus of market flows.  This morning one thing catching our attention is the Nasdaq 50 index rejecting 3 months highs.  It would arguably require something strong to move Nasdaq up further this week and stick.  This translates to currencies like Euro which are quite largely risk on/off motivated.

[GVI Forex 2]

NAS 100 (NASDAQ) DAILY CHART – WHEN IN UNCHARTERED TERRITORY

When trading in record high territory, the only resistance that matters is at the most recent record high. Trying to forecast where the ultimate peak may be is pure guesswork so keep an eye on the record high since it is the only level that matters

Expect support as long as it trades above 18000.