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Mag 7's diverging Q2 results: Will they boost the market again?
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Tech Stock correction

$Tesla (TSLA.US)$ I can see most Tech Stocks pre market down today . Technical correction. whichever stock drops the most will rebound first ! Thought?
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  • Moo mom : I’d say Teslas more correcting, while apples taking the hit from the market as a whole, I’m excited to see what happens with it when there new stuff drops

  • TestLa Kopi : Signs show huge nvda rebound impending:

    1. Daily RSI (oversold)
    2. Blackout ends 29 July
    3. Institutions  still buying (above EMA 55)
    4. Hourly gap filled but sitting on strong support

    Not only nvda, I predict all mega caps will also see bull runs soon. They are down after earnings because investors don't see immediately returns on huge capex on AI infrastructure. Beefing up data centres and generative AI takes time. However, 3Q onwards, profit will see jaw dropping explosion.  Smart money is buying increasingly.

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