@TheFinanceHydra
YouTube
Avg. Quality
76
Success Rate
43.54
Analysis
441
Correct
192
Fail
241
Pending
3
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
MU
Long Entry
397.5900
2026-01-23
03:00 UTC
Target
403.0000
In 11 Hours
Fail
375.0000
Risk/Reward
1 : 0
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Final PnL
1.36%
P/L: —
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The overall market, as indicated by SPY and QQQ, is showing a bullish sentiment across multiple timeframes. SPY has broken above its 21-day Exponential Moving Average (EMA) and formed a bottom signal above the 480s, indicating a potential rally towards 500. However, a break below 480 could lead to a bearish reversal. QQQ is also experiencing a strong recovery, demonstrating an inverse head and shoulders pattern on the 1-hour chart, signifying continued upward momentum. NVIDIA exhibits a promising bullish outlook, having closed its gap and showing strong reactions near its 21-day EMA, with a potential target range of 192-197. Palantir (PLTR) recently formed a hammer candlestick pattern above a support level around 165, which could lead to a bullish continuation towards 182, although upcoming earnings in 11 days present a potential risk for a pullback to 148. Micron Technology (MU) is currently in a highly bullish trend, making higher highs and showing no bearish signals. While a pullback to its 21-day EMA could offer a buying opportunity, current levels make risk management challenging. Tesla (TSLA) and Amazon (AMZN) are exhibiting technically bullish patterns (Tesla showing an attempt at a double bottom and Amazon a confirmed bottom signal with a hammer above trendline support). However, both stocks have earnings reports scheduled in the near future (6-7 days), making immediate trading impractical due to potential volatility. The speaker advocates for patience, preferring to wait for clearer setups or post-earnings reactions for these two. Generally, the market is maintaining its short, medium, and long-term uptrends.