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07-22

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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