The Bottom Line:
- Detailed technical analysis on top 10 stocks for June 14th.
- Includes chart insights and key levels of support and resistance.
- Bonus Bitcoin analysis provided at the end of the video.
- Focus on key stock patterns like bull pennants.
- Invites viewers to request future stock analyses in the comments.
In-Depth Technical Analysis of June 14th’s Top Stocks
Stock Analysis for LGVN
LG VN showed a significant surge upwards, attracting attention from traders. While a red candle at the end of the day signaled downward movement, the overall chart remains strong. An initial resistance level to watch is near the TR line, which could attract buyers upon breakout.
Stock Analysis for ZAPP
ZAP P displayed a bull pennant pattern, indicating potential bullish movement ahead. Identifying key resistance and support levels can help traders plan their entries and exits effectively.
NVDA Technical Analysis
NVDA broke out of a bull pennant pattern, suggesting possible further momentum. Resistance at $129.80 could act as a key level to watch for potential buying pressure. Traders should also monitor support levels for potential entry points.
Chart Insights and Key Support & Resistance Levels
**Chart Insights and Key Support & Resistance Levels**
**Stock Analysis for GME**
Good movement seen in GME with the price respecting the 200-period moving average as a support level. It has broken out of a downtrend line, indicating potential upside. Key levels to watch are at $29.75 and $32.25 for resistance, and the 200-period moving average for support.
**Stock Analysis for BRTX**
BRTX has shown an interesting setup with a strong initial move followed by a pullback and potential curling back up. The next resistance level to overcome is at $1.97, with support around $1.62. Traders should monitor for a high volume break above the resistance level for further bullish momentum.
**Stock Analysis for TSLA**
TSLA exhibited a strong upward move, although it retraced slightly. Watching closely for a potential breakout above the recent high could signal more upside momentum. Existing support levels need to hold to sustain the bullish bias.
Spotlight on Key Stock Patterns: Bull Pennants and More
Stock Patterns Analysis
Stock number one, LG VN, experienced a significant surge upwards, attracting considerable attention. While a red candle signaled a minor decline in the last 30 minutes of trading, the overall chart remains robust. An initial resistance level near the TR line could attract buyers upon a breakout.
Bull Pennant Patterns
ZAP P showcased a bull pennant pattern, indicating potential bullish movement ahead. Identifying key resistance and support levels can assist traders in effectively planning their entries and exits.
Technical Breakout Insights
NVDA broke out of a bull pennant pattern, signaling the possibility of further momentum. Resistance at $129.80 may act as a crucial level to monitor for potential buying pressure. Traders should also keep an eye on support levels for potential entry points.
Exclusive Bitcoin Analysis: End-of-Video Bonus
LG VN experienced a significant surge upwards, attracting considerable attention. While a red candle signaled a minor decline in the last 30 minutes of trading, the overall chart remains robust. An initial resistance level near the TR line could attract buyers upon a breakout.
ZAP P showcased a bull pennant pattern, indicating potential bullish movement ahead. Identifying key resistance and support levels can assist traders in effectively planning their entries and exits.
NVDA broke out of a bull pennant pattern, signaling the possibility of further momentum. Resistance at $129.80 may act as a crucial level to monitor for potential buying pressure. Traders should also keep an eye on support levels for potential entry points.
Join the Conversation: Request Future Stock Analyses
If you have a request for one of these in a Future video, just leave that down in the comment section. A couple of quick clarifications: the candlestick that you see will be moving around and changing as the market is still open, and I’ll be using the 30-minute timeframe for analysis. Stock number one LGVN experienced a significant surge upwards, with an initial resistance level near the TR line to watch for potential breakout. Another stock, ZAPP, displayed a bull pennant pattern, indicating bullish movement ahead. Lastly, NVDA broke out of a bull pennant pattern, suggesting further momentum with resistance at $129.80 as a key level to monitor for potential buying pressure and support levels for entry points.