$AMZN Reclaims the 20-DMA, $JPM Eyes Earnings, $QCOM Looks Oversold
Three charts, three setups to watch this week.
🔹 $Amazon.com(AMZN)$ — Momentum Is Back
The bounce off the lower Bollinger Band played out as expected, with price reclaiming the 20-DMA on bullish momentum.
Some consolidation near the upper band would be normal, but the move could continue. There are no major overbought signals yet, leaving room for further upside if buyers stay in control.
🔹 $JPMorgan Chase(JPM)$ — Earnings in Focus
The chart looks constructive heading into earnings this week. The key will be how price reacts to the report and whether the current momentum holds.
🔹 $Qualcomm(QCOM)$ — Oversold at the 50-DMA
$QCOM is oversold and finding support at the 50-DMA, although price action remains indecisive.
A bounce looks likely from here, but confirmation from buyers is still needed.
Markets are always moving - and sometimes, the best move is knowing what works for you.
With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.
Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
