Once again, Amazon is gaining momentum. As we head into June, analysts are bullish, fundamentals are solid, and the chart setup looks like more upside is ahead.
Tesla is down nearly 50% from its highs, but analysts still see 40% upside ahead of earnings. A double bottom and rising RSI signal a possible reversal.
Dan Ives slashed his Tesla target by 43% but still sees 35% upside, keeping his bullish call intact despite rising brand pressure and political turmoil.
Amazon is down 20%, but analysts see huge upside. With strong earnings and bullish technicals, this pullback may be a rare long-term buying opportunity.
Tesla is down 50% in three months, but analysts are split. Some see more downside, while others see 150% upside. With its RSI at 29, is a reversal finally near?
With momentum returning and the uptrend resuming, this looks like a textbook buy-the-dip setup for investors who believe the growth story is still intact.
The strong earnings, rising dividends, and bullish support from analysts on Broadcom make it's hard to ignore the potential upside oozing from this stock.