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Ten Tech Stocks After Earnings. Some Ripped, Some Are Setting Up to Fall.

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ticker lesson

Breakdown

0:00ENQ· ticker

ENQ — broke above descending trend line, consolidating

  • Broke above descending trend line
  • Consolidating since Tuesday
  • Mixed bag
2:08MSFT· ticker

Microsoft — recovery since June, nearing resistance

  • Sensational recovery since June
  • Nearing resistance level
  • Strong with gaps
  • Easy rally done
  • Lifetime highs
  • Previously lagging
4:28META· ticker

Meta — weak open, covered short, peaked at red bar

  • Weak open post-earnings
  • Covered short immediately
  • Peaked at red bar
  • Overhead supply
  • Resistance at price gap
6:40Apple· ticker

Apple — strong report, gap down, long-term grind

  • Strong report sent shares down
  • Lifetime high set July 29
  • Tumbled $30
  • Long-term smooth chart
  • Grinds higher
6:41Amazon· ticker

Amazon — lifetime highs, strong post-earnings gap

  • Lifetime highs post-earnings
  • Enthusiastic reception
  • Peaked August 3
  • Exceptional execution
  • Near new levels
6:42Palanteer· ticker

Palanteer — post-earnings explosion, nullified topping pattern

  • Staggering post-earnings rally
  • Lifetime highs set 2025
  • Nullified topping pattern
  • Undone damage post-peak
6:43Caterpillar· ticker

Caterpillar — AI-linked, peaked June 30, dragged by semiconductors

  • AI hyperscaling tied
  • Peaked June 30
  • Dragged by semiconductors
  • Strong open post-earnings
  • Red bars post-peak
6:44AMD· ticker

AMD — strong topping pattern, potential short

  • Well-formed topping pattern
  • Minor resistance at dash line
  • Major support at base
  • Break could send down to close gap
  • Strong short idea
6:45Shopify· ticker

Shopify — 60% rally, price gap as resistance

  • 60% rally since May
  • Price gap sealed
  • Resistance at January gap
  • Short opportunity with gap as stop
6:46SanDisk· ticker

SanDisk — clear peak, well-formed topping pattern

  • Earnings led to peak
  • Clear topping pattern
  • Price gap at 1345
  • Close to peak Thursday
  • Best-formed peak
6:47WDC· ticker

WDC — broken ascending channel, short with stop at red line

  • Broken ascending channel
  • Well-formed topping pattern
  • Sinking under channel
  • Short with stop at red line
6:48Nvidia· ticker

Nvidia — upcoming earnings, dry season ahead

  • Next earnings few weeks away
  • Dry season until then

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