More Trouble Ahead For Bulls? Prepare For The Busy Upcoming Week With Mando Trading!
Portfolio Pulse from Mando Trading
The article discusses the upcoming week's trading outlook, focusing on several US-listed companies and ETFs. The author is bearish on the higher time frames due to the strong DXY. However, he notes that SPY took out the swing high, creating a bullish market structure. AAPL is approaching 50% of the range and heading for some resistance. TSLA created a bullish imbalance in discount. GOOGL looks weak with multiple bearish levels overhead. AMZN has resistance at both the 50% level and the 70% from Thursday's high to Friday's low. MRNA is holding up well since the big run up last week. NVDA needs to bounce from the bullish imbalance for a market reversal. MSFT has lots of resistance overhead but a bounce wouldn't be unrealistic. AMD has a big range and a lot of imbalances overhead.
August 28, 2023 | 1:40 pm
News sentiment analysis
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NEGATIVE IMPACT
AAPL is approaching 50% of the range and heading for some resistance.
The author notes that AAPL is approaching 50% of the range and heading for some resistance. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AMD has a big range and a lot of imbalances overhead.
The author notes that AMD has a big range and a lot of imbalances overhead. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AMZN has resistance at both the 50% level and the 70% from Thursday's high to Friday's low.
The author notes that AMZN has resistance at both the 50% level and the 70% from Thursday's high to Friday's low. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
GOOGL looks weak with multiple bearish levels overhead.
The author notes that GOOGL looks weak with multiple bearish levels overhead. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
MSFT has lots of resistance overhead but a bounce wouldn't be unrealistic.
The author notes that MSFT has lots of resistance overhead but a bounce wouldn't be unrealistic. This could potentially lead to a neutral impact on the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MRNA is holding up well since the big run up last week.
The author notes that MRNA is holding up well since the big run up last week. This could potentially lead to an increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
NVDA needs to bounce from the bullish imbalance for a market reversal.
The author notes that NVDA needs to bounce from the bullish imbalance for a market reversal. This could potentially lead to an increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SPY took out the swing high, creating a bullish market structure.
The author notes that SPY took out the swing high, creating a bullish market structure. This could potentially lead to an increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TSLA created a bullish imbalance in discount.
The author notes that TSLA created a bullish imbalance in discount. This could potentially lead to an increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80