Bullish on $NVDA, $BABA, $NFLX & $MSFT, Patient on $PLTR

PeterDiCarlo
07-14 08:00

Some stocks are bouncing from high-probability support. Others still haven't reached attractive entry zones.

Here's a technical update on six names I'm watching most closely: $NVDA, $BABA, $NFLX, $MSFT, $PLTR and $ONDS. 👇

1. $NVIDIA(NVDA)$

Still bullish on $NVDA

Bouncing off Weekly FVB support and testing this trend line

2. $Ondas Holdings Inc.(ONDS)$

Cut $ONDS for a 13% loss.

Could it bounce short term? Sure. I am fine without it.

Monthly BX is dark red. Historically when that happens, we finish the cycle red about 82% of the time.

If this support breaks, there is room for a multi month slide toward $5. I do not want to sit through that.

I would rather rotate that capital into a stronger name.

3. $Alibaba(BABA)$

$BABA tapped the Smart Money zone cleanly.

Bottom looks in.

From this zone, roughly 70% of the time price is trading at all time highs within the next 12 months.

4. $Palantir Technologies Inc.(PLTR)$

Still on the sidelines for $PLTR.

Bear cycle structure is intact and price has not yet pulled back into our Smart Money discount zone.

Could this be the bottom and I miss it? Sure.

But I do not chase. There are plenty of clean setups elsewhere.

I will stay patient and wait for my level.

5. $Netflix(NFLX)$

$NFLX Smart Money Zone Alert 🚨

Historically, about 70% of the time price reclaims all time highs within 6–12 months from this zone.

Earnings are this week and we are trading in one of the strongest discount areas on the chart.

Current upside to prior highs is roughly +85%

Downside to a clear structural break is about -20%

I will take that 3:1 asymmetry with those historical odds every time.

6. $Microsoft(MSFT)$

$MSFT Smart Money Zone held and long term support is confirming.

Not in a Bull Cycle yet

That said, looking to get long tomorrow morning.

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.

Comments

  • Brando741319
    00:08
    Brando741319
    Good
  • Akai98
    07-14 13:53
    Akai98

    Great article, would you like to share it?

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