Cramer's Corner: Technical Update Equities - Some of the magnificent seven are tilting lower. Here are the weakest and strongest
Technical analysis

Cramer's Corner: Technical Update Equities - Some of the magnificent seven are tilting lower. Here are the weakest and strongest

Kim Cramer Larsson
Technical Analyst, Saxo Bank

Summary:  Cramer’s Corner: Technical Update, Equities

Kim Cramer Larsson hosts the Technical Update, Equities, a bi-weekly 8-10 minute video with live charts.
Kim takes you through the latest technical developments in the most traded Equities

In this Technical Update, US Equities the following equities will be covered:

  • Alphabet C - Broken bearish after taken out support. Next support at 130.37.
  • Amazon – Strong uptrend with potential to 188.65 previous all-time high
  • Apple – Broken bearish. No support until around 166.90
  • Meta – Uptrend intact key support 453
  • Microsoft – Still uptrend but stalling a bit. Key support at 397
  • Nvidia – FOMO. Massive bubble but can continue higher. See my latest Technical update where an indicator is pointing to 1,037
  • Tesla – Tesla failing to close gap. Resuming bear trend likely, could drop to 180 possibly lower

 

Disclaimer: I am long Amazon and Meta. Short: Apple and Tesla.

Follow Kim Cramer Larsson for more on SaxoTrader platforms, home.saxo and Twitter Cramer's_Corner:

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