Big night for the AI supply chain. $GOOG $GOOGL reports earnings after the 🔔 All eyes on CapEx guidance. A higher CapEx commitment validates the entire $AVGO custom silicon thesis. $AVGO collects a tax on every dollar Google spends expanding its AI clusters. Let’s see what tonight's numbers bring.
$MU update: The chart is giving us exactly what we want to see. - Bouncing perfectly off previous highs (resistance turned support). - Reclaimed the daily Ichimoku Cloud. The technicals are clean. The only headwind is the risk of a midterm sell-off. Manage your sizing accordingly.
Massive bearish divergence on the $INTC weekly chart. The higher price goes, the weaker the momentum gets. Buyers are completely exhausted here. > Earnings drop Thursday, July 23rd. If structure breaks, that prior $74 cycle peak is the first major downside target we revisit. https://t.co/W4Onbywnpu
$MSFT weekly RSI divergence is finally locked in. Price is holding the macro support line beautifully, while momentum is aggressively curling up. The risk-to-reward here for a long position is heavily skewed in our favor. Still one of my top tech picks for a reason. https://t.co/2hFMKWmkbH
Remember, this is just the beginning of volatility. We will buy heavily $AVGO $NVDA $MU $MSFT $RKLB $DUOL around October first week. 🤷🏻♂️
$MSFT SuperTrend on the weekly acted as support. Hard to find a better long term investment. AI pushes margins to 60-70% and suddenly $MSFT is the most valuable name on the planet. Target remains $600. https://t.co/s9H0j0IUpg
Say it with me… I will never buy stocks under weekly Ichimoku Cloud. $NFLX https://t.co/vmFlQeH9IS
Bears going to hate me for this one. $SMH needs a correction. Gets one. Then post midterm melt up to the 1.618 Fibonacci extension at $981. https://t.co/h0hNIo56kU
47% in 3 months. The gorilla doesn’t panic. The gorilla just holds. Thanks to $MU $SNDK $SMH $INTC $AVGO https://t.co/w0ioBWJOJt