Mayfair International Capital - Tesla, 2 IPOs harry potential market breakouts

KOWLOON, Hong Kong - Sept. 20, 2023 - PRLog -- Including Tesla (TSLA), Meta Platforms (META), Netflix (NFLX), Airbnb (ABNB), Microsoft (MSFT), and many more. Nonetheless, market volatility has bulls and bears fighting for dominance as Tesla stock and others attempt to break through barrier.

The market prognosis is "uptrend under pressure," with a 20% to 40% exposure level advised. As a result, the fundamental uptrend remains intact, but investors should exercise care as these potential setups try to complete their bases and launch — and maintain — fresh rises.

The table below displays IBD Breakout Stocks Index names having a Composite Rating of 95 or above. Aside from Tesla stock, Meta, Microsoft, and Netflix, the list contains a diverse variety of upcoming breakouts, highlighting the present fight between support and opposition.

Tesla, Airbnb, and Meta are among the stocks on the verge of a breakout.

As they seek fresh purchase points, Airbnb stock, ServiceNow (NOW), Palo Alto Networks (PANW), Shopify (SHOP), and Salesforce (CRM) all win a seat on this stock screen. Airbnb and ServiceNow seem to be forming handles in response to market pressure, as Shopify stock has previously done.

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