Mihirr

👀
NVIDIA has gained over 4200x since the dot-com bubble crash.
On the quarterly chart, price has now hit resistance near $236 and volume has declined.
There has been no pullback yet, although the first signs of weakness are appearing on a monthly timeframe.
[A new high would invalidate the current observation.]
$NVDA #NVidia #AI #Stocks #US

Microsoft has delivered roughly 50x returns since the 2008 financial crisis.
On the quarterly timeframe, however, the stock is currently facing resistance and showing signs of weakness.
In this analysis, the $340 level stands out as a key support zone.
$MSFT #Microsoft #Stocks

Knowing support is important — not the outcome.
In reality, it’s not possible to predict outcomes with certainty, and trying to do so at every price level is impossible. That’s where the importance of support comes in.
Support level offers a clear boundary at a specific price range. Accumulation and distribution often happen near support zones.
Once a support zone is identified, a bounce can offer opportunity while a breakdown signals increased risk.
That’s why knowing the support zone is critical — not the outcome, which is observed rather than predicted.

Do you think there will be a stock market correction and some liquidity will flow into crypto in the coming days?

The recent ATH of S&P is a resistance.
I sense a sign of weakness here. Usually, breaking below a key support confirms it. However, I wanted to share an early indication.
If price/index closes higher on weekly TF then this post can be ignored.
#SPX #Stocks #US

The entire timeline is about the same subject!
Applying filter is the only option it seems.