Bullish Tech Insights | Sino-US talks ignite tech stock sentiment! Micron soars 55%, NVIDIA accelerates to new highs, Tesla trends upward steadily, is there still room to chase?

From May 13 to 15, Trump, accompanied by several American business leaders, officially embarked on his visit to China, drawing global attention.

Among the delegation list, well-known figures such as Elon Musk, Jensen Huang, and Sanjay Mehrotra—the CEOs of Tesla, NVIDIA, and Micron Technology—are prominently included. The recent stock price trends of these three companies have also been very positive: on May 13, $NVIDIA (NVDA.US)$ the stock closed 2.3% higher, hitting another all-time high; $Tesla (TSLA.US)$with a cumulative increase of 16.7% over the past ten days, breaking through the key level of $450 during trading; $Micron Technology (MU.US)$showing the most aggressive trend, with a cumulative gain of 55.4% in ten days, and its share price officially surpassing $800.

This issue of 'NiuNiu Technical Intelligence Bureau' will dissect the recent stock price trends of NVIDIA, Tesla, and Micron Technology, answering the crucial question of whether the movements of these three stocks can hold firm on technical charts amid the key juncture of the Sino-US talks.

NVIDIA (NVDA)

NVIDIA has shown extremely strong performance in the last ten trading days,with the price climbing from a low of $196.50 to the current $225.83, representing an accumulated increase of approximately 15%.NVIDIA's short-term 20-day moving average ($207.25) is also firmly above the 50-day moving average ($191.18), both trending upward, indicating a very solid bullish pattern. On May 14, NVIDIA benefited from the positive news that 'the US had approved ten Chinese tech companies, including Alibaba, ByteDance, Tencent, and JD.com, to purchase NVIDIA H200 AI chips.'Currently, after-hours trading in the US market has broken through the key resistance level of $230.However, considering that NVIDIA has not experienced significant pullbacks for six consecutive trading sessions, accumulating substantial floating profits, any selling by profit-taking investors could easily trigger volatility.In the short term, it is necessary to be cautious about the possibility of a pullback triggered by profit-taking.

Key Technical Indicators Interpretation

Moving Average (MA):The bullish alignment structure remains intact, with both MA20 and MA50 sloping upwards, indicating that the short- to medium-term bullish trend remains unbroken.

RSI (72.131):Has entered the overbought zone (>70). On May 13, the price hit a recent high of $225.83, with RSI also at elevated levels; both are moving in the same direction with no divergence warning for now. If the RSI continues to climb, be mindful of short-term risks — such as prolonged stays in the overbought zone despite weakening price momentum.

MACD (7.934):The main line is above the signal line, maintaining a golden cross status with increasing momentum. Over the past 10 days, closing prices have risen unilaterally without any pullback, and the trend remains intact for now.

Bollinger Bands:The current price of $225.83 has surpassed the upper limit of volatility (upper band at $224.49). This tight or even surpassing movement indicates strong market sentiment but also objectively reflects possible overheating in the short term.

Technical Comprehensive Analysis

Primary focus is on the May 12 closing price of $220.78,A break below that level would indicate weakening short-term momentum.If the pullback continues, the May 8 closing price of $215.20 will provide a buffer. The core mid-term defense line is the 20-day moving average, currently at $207.25.

Tesla (TSLA)

Since the relative low of $381.63 on April 30, Tesla has shown a very clear upward trajectory over the past eight trading sessions. The current price has reached $445.27.Buying power is dominating the market, and both medium- and short-term upward structures are very healthy, marking a powerful breakout with significant momentum.Especially on May 13, the price was pushed up to $453.40 intraday, recovering from the previous day's losses, but ultimately retreated by the close.This indicates actual selling pressure in the range of $449 to $453, but the bulls remain resilient. The focus should be on whether it can effectively break through the $450 price level with heavy trading volume.

Key Technical Indicators Interpretation

Moving Average (MA):The price is above both lines, with MA20 running above MA50. The moving average slope is upward, showing a healthy short-to-medium term trend structure.

RSI (70.187):It has just touched the overbought boundary. The current price and RSI are aligned, both rising, with no sign of top divergence yet. However, continued observation is needed. If the RSI flattens while the price remains high, weakening momentum would be a warning signal.

MACD (14.909):The main line is above the signal line, forming a golden cross, indicating that upward momentum is strengthening.

Bollinger Bands:The closing price of $445.27 on May 13 broke above the upper Bollinger Band at $442.57. In a trending market, breaking and staying above the upper band is a strong characteristic, but it is still necessary to monitor if the price can stabilize outside the upper band.

Technical Comprehensive Analysis

Key support levels need close attention.The first line of defense is the low of $430.21 on May 13. If this level breaks, the next line of defense is the lower edge of the gap left by the jump-up on May 11 at $416.80. The deeper defense line is the dynamically rising 20-day moving average ($397.52) and the 50-day moving average ($385.70).Moreover, if prices repeatedly fail to break through the $450 level, there is a risk of forming a 'double top' pattern which could trigger a downturn.

Micron (MU)

Micron Technology has recently demonstrated astonishing momentum,with cumulative gains over the past 10 days reaching approximately 55%, currently priced at $803.63.Although its short-term 20-day moving average ($576.25) has crossed above the 50-day moving average ($472.12), it is highly noteworthy that the current stock price ($803.63) is about 39.5% above the 20-day moving average. Such a significant price deviation (excessive乖离率) may be accompanied by substantial pressure for a mean reversion, and caution is warranted regarding short-term pullback risks:

From May 1 to May 6, prices continuously hit new highs for four days straight, with robust buying momentum establishing this rapid upward movement; On May 11, the stock price surged to an absolute high of $818.67 but eventually retreated sharply to close at $795.33. This process left a long upper shadow of approximately $23 at the top, signaling the first major warning of selling pressure in recent times; On May 12, the opening price was below the previous day's closing, and during trading, it dipped as low as $706.60 before finally closing at $766.58. The day’s movements were entirely contained within the range of the previous day’s fluctuations (forming a孕线形态), indicating the market is digesting the prior surge; In the latest trading session on May 13, the price opened high at $813.15 but eventually pulled back to $803.63, with the lowest point touching $779.47.This pattern of opening high and closing lower with a small body at the wave peak exhibits classic 'shooting star' characteristics. Combined with the performance on May 11 and May 12, these three days together form a 'top hesitation' pattern combination, warranting vigilance for a potential short-term loss of momentum.

Key Technical Indicators Interpretation

Moving Average (MA):The MA20 crossing above the MA50 forms a bullish alignment. It is particularly important to note that the current price is approximately 39.5% above the MA20, showing a significantly high乖离率.

RSI (81.345):It is in the deeply overbought region, without any obvious bearish divergence yet, but sustained overbuying itself serves as a warning signal.

MACD (90.375):The main line is above the signal line, showing a golden cross status. Momentum is still being released, and the medium-term trend has not been completely disrupted, but there is short-term overheating.

Bollinger Bands:The current price of $803.63 is located between the middle Bollinger Band ($576.25) and the upper band ($813.94). With only about 1.3% space left to the upper limit, this indicates that upward elasticity is constrained.

Technical Comprehensive Analysis

Currently, moving averages and MACD indicate that the medium-term major trend remains upward. However, extreme overbought data, large deviations, and hesitant candlestick patterns at high levels all suggest a strong correction need in the short term.The range between $795.33 and $818.67 is the most critical area for current trading. The first support level is the lower edge of the May 11 high platform at $795.33. More crucially, the May 12 retracement low at $766.58; if broken, the short-term upward structure will be disrupted, and prices could quickly drop to test the May 8 breakout high support at $746.81.The dynamic upper volatility limit (Bollinger Band upper rail) is currently at $813.94, while the previous absolute high was $818.67. Unless there is significant trading volume enabling an effective breakout and stabilization above this level,there is a need to be cautious of the possibility of a 'false breakout' pullback in the current area.

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