In this YouTube video, Zak Mir provides insights on the USA Chartbreakers as of March 2, focusing on market analysis for S&P, NASDAQ 100, and various stocks like AstraZeneca, Uber, Dell, and more. Zach projects potential price targets for each asset based on technical analysis and recent market trends.
Key Insights:
– S&P Market Analysis: Zak anticipates an upside potential for the S&P market, with a target of 5200 by the end of the month. He highlights the importance of staying above support levels around 5050 to avoid a move towards 5000.
– NASDAQ 100 Outlook: The NASDAQ 100 is seen as thriving, with a projected target of 19,000 by the end of the month, provided it remains above support levels around 17,800. Zach suggests widening the channel based on current market performance.
– Stock Analysis – AstraZeneca: AstraZeneca shows promise with a breakout above the 50-day moving average. Zak sets a target of $430 by the end of the next month, emphasizing the significance of staying above the $2 mark for continued bullish momentum.
– Stock Analysis – Uber: Uber demonstrates a bullish trend with a potential target of $4 by the end of the month. Zak highlights the importance of maintaining support levels near $2 for the stock’s upward trajectory.
– Stock Analysis – Dell: Dell’s market performance is influenced by recent gaps in September and November. Zak suggests a target of $155 by the end of next month, contingent on market stability above $115.
– Stock Analysis – Myomo: Myomo showcases a strong bullish trend, aiming for $5 by the end of the month. Zak emphasizes the significance of staying above resistance levels for sustained growth.
– Stock Analysis – Exponential Fitness: Exponential Fitness reveals a promising setup with a target of $18 by the end of the month. Zak underlines the importance of remaining above the 50-day moving average for a potential move to the top of the rising trend channel.
This video offers valuable insights into market trends and potential price targets for various assets, providing viewers with a strategic outlook for their investment decisions. Zak’s technical analysis and projections offer a roadmap for navigating the dynamic landscape of financial markets.
