Monthly BX Turns Red $BABA $CVNA $META $ORCL at Risk
Markets are entering a decisive phase as multiple big-cap names flash dark red monthly signals.
While some trends are still holding, momentum is clearly deteriorating and several charts are now setting up for potential corrections.
This is a time for discipline, flexibility, and strict adherence to system rules rather than conviction-driven bias.
1. $Tesla Motors(TSLA)$
Plenty of big tech just printed dark red Monthly BX, but $TSLA is still in Bull Cycle.
March needs to bounce or we likely get a sharp correction.
System is green so I’m still bullish, but I’m not married to this name.
If Bear Cycle confirms, I’m out and the thesis is gone.
2. $Alibaba(BABA)$
BABA ripped 20% off the lows but that move is now fading.
Monthly BX just closed dark red, which usually signals a coming correction.
I’m removing my bullish thesis and stepping aside here.
3. $Carvana Co.(CVNA)$
CVNA correction signal
Monthly BX just closed dark red. Most of the time, that sets up a correction.
Trend is still green, but if $300 support breaks, I’d expect a sharp move lower, with $200 as a rough worst-case target.
4. $Meta Platforms, Inc.(META)$
META is still compressing, but I think it’s a trap.
Monthly BX just printed dark red again with renewed selling pressure, and Bias has stayed bearish and red the whole time.
5. $Oracle(ORCL)$
Losing sucks, but bag holding is never acceptable. $ORCL
This is why we follow a system.
We cut $ORCL in January. Since then it’s bled almost 30%.
Best skill in this game: take the loss, accept it, and move on.
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