Stock Market Breakdown: Earnings Plays, Failed Breakouts & Tesla Analysis for Next Week
Hey, traders! Kunal here, and I’ve got a special guest today — baby Colt, our future Detroit Lions quarterback! This past Friday gave us some big moves, but with frequent rollovers and failed breakouts, the question remains: are we seeing distribution, or is the bull market still alive?
Market Overview
Friday’s session saw strong early momentum, only to roll over and end the day in the red. This constant reversal could signal distribution as we approach an election year, possible inflation concerns, and rising interest rates. Though the market is facing some pressure, we’re still within breakout territory on the major indices. It’s essential to stay cautious, but the potential remains for strong earnings plays and selective breakouts.
Top Stock Setups to Watch
- Tesla (TSLA): Tesla remains a high-potential play, especially with its recent gap-up on earnings. We’re watching for a possible “shakeout day” where Tesla sees a brief dip, giving us a prime entry point around the $270 mark.
- Reddit (RDTT): This IPO breakout stock is flagging nicely, and with its 9 EMA as support, it’s got both swing and day-trade potential. Aim for dips to avoid the intraday wicks for a cleaner entry.
- Taiwan Semiconductor (TSM): With its recent earnings beat, TSM shows one of the cleanest semiconductor setups. Keep an eye on the $205 level for a potential breakout to $215.
- Wulf (WuLF): This crypto play is approaching a major level around $6.75. A dip to the 9 EMA could give us a strong setup for a breakout.
Tips for the Week
- Focus on stocks with recent earnings, as they often show the best momentum.
- In a mixed market, be cautious with breakouts. Look for dips and shakeouts as possible entry points rather than chasing strength.
For more advanced strategies, check out our 60-Day Bootcamp to take your trading to the next level!
Check out my video on how to develop a TRADING PLAN
This is golden information that you need to do RIGHT NOW!
Here is tomorrows watchlist!
The post Stock Market Breakdown: Earnings Plays, Failed Breakouts & Tesla Analysis for Next Week appeared first on Bulls on Wall Street.
Source: https://bullsonwallstreet.com/earnings-plays-tesla-analysis-next-week/?utm_source=rss&utm_medium=rss&utm_campaign=earnings-plays-tesla-analysis-next-week
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,651,802,153 |
| Stories: | 8,280,602 |
Whistler Blowers, Insiders
