The U.S stock market is in a hold mode, with investors anxiously watching for Jerome Powell’s next speech to provide clues on the Federal Reserve’s direction. Tech stocks are extremely sensitive to monetary policy, as changes in interest rates flow through valuations, borrowing costs, and sentiment.

With inflation still over the horizon, the Fed’s position may dictate whether or not risk assets such as Palantir, Tesla, and Super Micro Computer pick up new life or continue to fall further into merging. Will Powell play the aggressor, pushing growth stocks into the corner, or will he flash his bullish beam that will have traders running back in? For the time being, the charts reflect uncertainty, hesitation, and only a spark of hope.

Technical Analysis for Palantir

Palantir is indicating exhaustion, with Friday’s opening session anticipating a decrease following an already stormy week. The recent behavior in the stock is indicative of doubt, although the creation of a huge hammer candlestick on Wednesday indicates probable support. Thursday’s quiet trade supported the notion of stabilization, but Friday’s opening near Thursday’s close indicates hesitation by the buyers.

The most important level to track is still around $150, if this support area holds, Palantir might regain traction and gain confidence for a reversal. The stock obviously needs a bullish catalyst, and without that any upside will likely be slow. Traders should remain careful and vigilant, as sentiment can shift rapidly if Powell’s comments encourage fresh optimism in growth-sensitive stocks.

Technical Analysis for Tesla

Tesla’s price action appears dull as the stock remains gloomy around its 50-day EMA, which itself is moving sideways. The formation indicates uncertainty, with Tesla being trapped in the middle of a bigger puzzle and mystery. Basically, the market is waiting for things to clear up on both monetary policy and the company’s growth prospects in the long term.

From an investor point of view, this weakness in volume and conviction implies that Tesla will find it difficult to build momentum in the near future. Although the overall structure continues to indicate an eventual upside breakout, the short-term journey is subdued. Unless Powell’s address provides a significant surprise, Tesla seems like it’s all set to keep going sideways, with any rally to be restricted until participation improves.

Technical Analysis for Super Micro Computer

With early Friday trading suggesting a slight pullback, SMCI is experiencing some trials as well. The stock remains firmly wedged in consolidation, neither breaking above nor crumbling below, along with a wait and watch sentiment among investors. Still oscillating in the middle of its range, SMCI does not have any strong directional push and could continue to frustrate traders seeking short term achievement.

Notably, the chart indicates the stock may drift lower to the $28 level, or even down as low as $20, before it sees stronger support for another rebound. That would be in line with its longer term growth story, but it would need investors to be patient enough to not chase short term volatility. In the meantime, SMCI is a stock that is better observed than bought until the larger market story changes.

Bottom Line

What runs through Palantir, Tesla, and Super Micro Computer is uncertainty, they’re all in technical holding patterns, waiting to see what Powell will signal with monetary policy. A bearish message might bear down on these growth stocks even more, and a bullish surprise could reignite the appetite for risks. Traders should otherwise prepare for a sloppy, hesitant action and avoid committing to positions until confirmation. Essentially, discipline and patience are still key as tech stocks wait with bated breath for Powell’s move.

Ultimately, these configurations tell us less about corporate fundamentals and more about investor sentiment. Powell’s tone will be what determines if we get breakouts, breakdowns, or further sideways wanderings. The market may rapidly regain optimism into tech growth, and it may have these very same charts fade to lower level supports.

But perhaps the best reminder is that markets loathe uncertainty more than they dislike bad news. After Powell speaks, whatever clarity it can bring will allow traders to breathe once more. Until that time, Palantir, Tesla, and Super Micro Computer sit like pawns on a chessboard in suspenseful midpoint, suspended between possible brilliance and unsatisfying outcome.


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