Recovery in US tech stocks expected to continue

CRWV has posted a strong rally of over 14% in the past 24 hours, rising to 48.73 and moving above its SMA20 (47.84). With the RSI at 52, the stock remains far from overbought territory, leaving room for momentum to continue. Although the MACD is still in negative territory, it is approaching its signal line and recovering toward zero, which could point to a reversal signal in the short term. The technology recovery theme in the news headlines may support risk appetite across the sector and benefit the stock. However, the price remains just below the SMA50 (48.92), and this resistance could be limiting in the near term; a cautious upward view is therefore appropriate.

QQQ rose 3.5% over the past 24 hours, staging a strong recovery and climbing above its SMA20 (670.1). The RSI stands at 51.8 in neutral territory, with no overbought pressure; MACD remains negative but is above its signal line, suggesting momentum has turned. The news headline supports this recovery narrative and could keep buyer interest alive in the short term. However, the price remains below the SMA50 (677.1) and MACD is still below zero, so the durability of the upward move is uncertain. I expect a moderately positive bias over the 1-3 day horizon, though the upside may remain limited unless the 677 resistance is broken.

The NDX rose 3.5% over the past 24 hours, marking a robust rebound and crossing above the 20‑period simple moving average (SMA20). The relative strength index (RSI) sits at 51, indicating a neutral stance with no over‑bought pressure. Although the MACD remains negative, it is positioned above its signal line, suggesting a potential momentum reversal. The headline supports this recovery narrative and could sustain short‑term buying interest. However, the index remains below the 50‑period SMA and the MACD is still below zero, so any upward move should be confirmed with cautious confidence. A moderate positive trend is expected over a 1‑3 day horizon.