Stocks in our radar - QCOM, TSLA and more
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/fd305689ce0a0c10c6afc27fa986bee2.jpg/big?area=101&is_public=true)
Stocks to Watch
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/fa2f6afe866f730a21aff618b935c0cd.png/big?area=101&is_public=true)
Daily Chart -[BULLISH ↗ **] QCOM bounced above major swing low support at 155.70. As long as 164.95 is support, a further push higher towards resistance at 180.95 then next resistance at 199.85 is expected. Price is holding above short term 13 period EMA and MACD is showing a build up of bullish momentum.
Alternatively: A daily candlestick closing below 164.95 support will open a further drop towards next support at 155.70.
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/3a29e0e706c82a59acfeafddb634f137.jpg/big?area=101&is_public=true)
Daily Chart -[BULLISH ↗ **] TSLA has formed a series of higher lows. As long as price is holding above 200.75, we stay bullish, expecting a further push up towards 1st resistance at 232.10 then 2nd resistance at 251.50. Price is holding above both long and short term EMAs.
Alternatively: A daily candlestick closing below 200.75 support will open a further drop towards next support at 182.00.
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/3198fa101e168909d1106ad71c96a9b3.jpg/big?area=101&is_public=true)
Daily Chart -[BULLISH ↗ **] 4519 JP shaped a bullish breakout and is now above recent swing high at 6609. As long as price is holding above support, a further push higher towards 7400 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick close below 6609 support will invalidate bullish scenario and see price pull lower towards next support at 5900.
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/6c8cc3392981bf44c0c65148eb3b8146.jpg/big?area=101&is_public=true)
4 Hour Chart -[BULLISH ↗ **] 5406 JP made a sharp rebound and is holding above near term support at 1670.50. Level above which we stay bullish, expecting price to push higher towards 1886 resistance. Price is now above short term 13 period EMA and MACD is showing a build up of bullish momentum.
Alternatively: A 4 hour candlestick closing below 1670.50 support will open a intraday pullback towards next support at 1597.50.
![Stocks in our radar - QCOM, TSLA and more](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240819/ed5ec415e67f132b11cc0051a298a197.jpg/big?area=101&is_public=true)
Daily Chart -[BULLISH ↗ **] S68 SP has shaped a strong bullish exit of an ascending wedge. As long as the price is holding above 9.90 support, a further push up towards 10.93 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick close below 9.90 support will see price pull lower towards next support at 9.49.
Prepared by:
Moomoo Singapore
Isaac Lim CMT, CFTe
Chief Market Strategist
Chief Market Strategist
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
For full disclaimers, please visit https://www.moomoo.com/sg/support/topic5_935.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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