π $META β Meta Platforms Setup: Trading around $550 after a wild round trip β fell to a 52-week low near $520 in early August, then clawed back most of it. RSI recently sank to the mid-30s as a $1.4T youth-safety trial rattled shares. Price sitting under both the 50- and 200-period moving averages. Level to watch: $520 support / $567β$603 resistance zone
π $MSFT β Microsoft Setup: Trading around $483, roughly 13% off its 52-week high of $553.72. Holding up well relative to other AI mega-caps as Azure momentum continues, though shares have cooled from recent highs on chip-capacity questions. Now one of Metaβs largest AI cloud customers. Level to watch: $478 support / $553 all-time high resistance
π $NOW β ServiceNow Setup: Trading around $128 after a sharp 35% rebound off its 52-week low of $81.24. Multiple price target raises this month (BofA to $150, Wells Fargo to $175) on strong Q2 revenue growth of 22.5% and expanding AI workflow demand. Watching if the rebound has room left. Level to watch: $131 resistance / $122 support
π $GOOGL β Alphabet Setup: Trading around $342β347, still pressured by AI-leadership departures even as capex guidance rose to $205B and Google Cloudβs backlog hit $514B. Watching whether cloud strength eventually wins out over the spend narrative. Level to watch: $355 resistance / $341 support
βΏ $ Setup: Trading near $78,000β79,000, up sharply over the past week and posting its strongest run since May β driven by regulatory optimism (CLARITY Act momentum) and a wave of short liquidations. Traders now eyeing $80,000 as the next test heading into the Fedβs Jackson Hole summit. Level to watch: $80K breakout / $74K support
β οΈ Not financial advice β just what Iβm watching this week. Join the Discord to discuss these live π