1. NVIDIA (NVDA)
Technical Setup:
Price Action: Closed at $171.38 (-0.60%), testing resistance at $171.44 (July 21 high).
Volume Analysis: Subdued volume (0.74 ratio) signals caution.
Key Levels:
Breakout: Above $171.44 → Targets $174.25 (52-week high).
Breakdown: Below $171 → Next support at $168 (July 18 low).
RSI: Neutral at 58.2.
Catalysts:
AI leadership reaffirmed by J.P. Morgan 4.
Collaboration with Xiaomi on autonomous driving software 3.
Risk-Reward:
Entry: $171.50 (breakout confirmation).
TP: $174.25 (2% gain).
SL: $169.50 (1.2% risk).
2. Apple (AAPL)
Technical Setup:
Price Action: Closed at $212.48 (+0.62%), near resistance at $212.51.
Volume Analysis: Strong accumulation (1.14 volume ratio).
Key Levels:
Breakout: Above $212.51 → Targets $215.78 (July 22 high).
Breakdown: Below $211.63 → Support at $210.
RSI: Approaching overbought at 62.8.
Catalysts:
Expanding AI integration in automotive ecosystems 14.
Analyst consensus target: $231.40 (+8.9% upside).
Risk-Reward:
Entry: $212.75 (breakout confirmation).
TP: $215.78 (1.4% gain).
SL: $210.50 (1.1% risk).
3. Tesla (TSLA)
Technical Setup:
Price Action: Closed at $328.49 (-0.35%), testing resistance at $328.79.
Volatility: High amplitude (3.37%) and elevated short interest (8.10% short volume ratio).
Key Levels:
Breakout: Above $328.79 → Targets $338 (July 22 high).
Breakdown: Below $326.88 → Support at $320.
RSI: Neutral at 45.3.
Catalysts:
Premarket momentum (+1.4%) on battery-swapping expansion 2.
Elevated valuation (P/E 187x) raises sustainability concerns.
Risk-Reward:
Entry: $329 (breakout confirmation).
TP: $338 (2.7% gain).
SL: $325 (1.2% risk).
Market Sentiment & Risks:
AI/Semiconductor Sector: Strong institutional interest (NVDA, Broadcom) but watch for profit-taking near highs.
EV Sector: TSLA’s volatility demands tight risk management.
Macro Risks: Monitor tariff-related headlines impacting tech supply chains 413.
Final Shortlist:
NVDA (AI momentum play).
AAPL (breakout with institutional accumulation).
TSLA (high-risk, high-reward volatility trade).
Past performance does not guarantee future results. Always conduct independent analysis.
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