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Tesla, Amazon and Microsoft hold gains near key technical levels
Tesla is trading around $362.9 near the 50-day EMA, with the next levels to watch at a $369 gap fill and the 200-day EMA near $383.2.
Yahoo Finance’s technical take highlights that Tesla, Amazon, and Microsoft are holding recent gains while each stock approaches specific trend and gap levels. Tesla is trading around $362.86 near the 50-day exponential moving average, with the $369 gap fill in view and the 200-day EMA overhead near $383.18.
For Tesla, the move comes after a prior selloff around earnings-related capex concerns that left a gap on the chart. The piece also notes that Friday’s broader market surge has helped the stock “fill the gap” from the previous earnings call.
Amazon appears slightly positive early, bouncing from a 50% Fibonacci retracement area, with the 50-day EMA just below that level as potential support. The commentary adds that lingering worries about US consumer health have been part of the debate after the last earnings-driven gap higher, and investors are now watching whether there is follow-through.
Microsoft is described as holding gains from the prior session, with the article pointing to an earlier “golden cross” where the 50-day EMA has moved above the 200-day EMA. The outlet also notes the ex-dividend date has passed and frames the chart as supportive while traders consider whether the stock pulls back or moves sideways after the recent run.
According to Yahoo Finance, the stocks’ setups look constructive overall, with the main focus on whether price action can progress past the nearby moving averages and the gap area in Tesla’s case.