Capitalize on momentum in the semiconductor space by buying Micron Technology (MU) on a pullback to the $800 to $850 range with a stop-loss below $772, or wait for SanDisk (SNDK) to retrace to approximately $1,300 for a high-low entry.

Take advantage of strong technical setups in mega-cap technology by establishing long positions in Apple (AAPL), Google (GOOGL), and NVIDIA (NVDA) using recent lows or key support levels for your risk management.

Look to buy Palantir (PLTR) on minor pullbacks as the stock has officially broken market structure to the upside following its recent 29% surge.

Patiently monitor SpaceX for a short-term relief rally targeting the $135 to $150 range before holding out for a deeper drop to the $85 zone for long-term accumulation.

Exercise caution with cryptocurrencies like Bitcoin (BTC) and Solana (SOL) by waiting for decisive breakouts from current compression ranges or using relative strength plays like Tron (TRX) for crypto exposure.

Palantir (PLTR)

• Experienced a major gain of 29%, described as having a ginormous gap and trading with volatility reminiscent of previous crypto bull runs.
• The stock has officially broken market structure to the upside, making pullbacks potential dip-buying opportunities for a continuation higher.

Takeaways

• Look for buying opportunities on pullbacks as the stock is in a confirmed bullish structure.

Dell (DELL)

• Mentioned as one of the strong traditional finance gainers, posting an 18% gain.

Takeaways

• Highlighted as part of the broader momentum in traditional tech and AI-related markets.

Marvell Technology (MRVL)

• Posted a strong 23% gain among traditional finance market gainers.

Takeaways

• Viewed as part of the broader outperformance of traditional tech and semiconductor stocks compared to crypto.

Micron Technology (MU)

• Part of the AI chip stock trade highlighted alongside SanDisk and SK Hynix, with a falling wedge pattern forming near key support (seen by some as a bullish pennant).
• If a measured move plays out conservatively, it could target up to just under $1,500.
• Suggested entry: If already purchased following previous analysis, hold with stop-loss moved to break-even; for new entries, look for a pullback/cooling off down to the $800 to $850 region with a stop-loss below $772.

Takeaways

• Target a pullback to the $800–$850 range to establish a long position with a strict stop-loss.

SanDisk (SNDK)

• Mentioned alongside Micron as an AI chip trade opportunity, posting an initial 28% gain and an additional 11% bounce from support.
• Still technically in a downtrend with lower lows and lower highs, but showing higher lows on lower timeframes.
• Suggested entry: If in profit from previous mention, hold and take profits with stops at break-even; new traders should wait for a pullback into the $1,300 region to form a higher low before entering.

Takeaways

• Wait for a price pullback to approximately $1,300 to look for a high-low entry with a tight stop-loss.

SK Hynix

• Part of the South Korean stock market (KOSPI) and categorized with Micron and SanDisk as an AI chip play.
• Considered a less certain trade setup compared to Micron or SanDisk because the South Korean market is smaller and less certain than US indices.

Takeaways

• Generally considered a lower-conviction trade compared to US-listed chip alternatives.

Apple (AAPL)

• Highlighted as a strong trading opportunity among the Magnificent 7 because it is still trading near lower levels, allowing for clear risk-to-market invalidation points beneath recent lows.
• Offers a favorable risk-to-reward ratio for long positions targeting previous highs and further extensions.

Takeaways

• Consider long positions with stop-losses placed just under recent lows, targeting a move toward previous highs.

Google (GOOGL)

• Bounced off key support and broken above the structural yellow-line trend, indicating potential to trade back toward prior highs.

Takeaways

• Position long following the confirmed support bounce and structure break.

NVIDIA (NVDA)

• Shares the same setup as Google, bouncing from key support and trading in pre-market/overnight around $216, confirming a break of the downtrend.

Takeaways

• Look for continuation and target extensions higher following the downtrend break.

SpaceX

• Following poor earnings results, overnight/pre-market trading dropped to $115.
• Expected to offer a short-term relief bounce opportunity between $135 and $150 before potentially pulling back into the $85 zone for long-term accumulation.

Takeaways

• Watch for a relief rally up to the $135–$150 range, but wait for a potential drop to $85 for long-term investments.

Bitcoin (BTC)

• Currently in a major price compression phase with declining exchange volume and low volatility, showing a significant divergence with the S&P 500 making new all-time highs.
• Operates under the four-year cycle theory (three years up, one down); sentiment is mixed, with some viewing the divergence as extreme crypto weakness and others as a lagging indicator that will eventually lead to convergence/mean reversion.
• A bullish ascending triangle pattern on some charts presents a measured move target up to $75,800, which would suggest the bear market bottom is in.
• Bears still maintain a slight edge on hourly lower-timeframe charts, with a possibility of a liquidity sweep to the downside (taking out stops below current ranges) before any major expansion.

Takeaways

• Exercise caution on long positions while the macro trend remains bearish, but monitor the compression range for a breakout.
• Consider a hedged approach (monitoring both long and short trade setups) to react to whichever direction the compression breaks.

Solana (SOL)

• Approaching the apex of a symmetrical triangle pattern around August 10th.
• Short-term structure remains bearish on lower timeframes, trading below the key yellow box resistance zone with lower lows and lower highs.

Takeaways

• Wait for a decisive break of the key yellow box resistance level before taking a definitive directional bias.

Tron (TRX)

• Noted as one of the stronger crypto assets, holding its weekly mid-range and trading significantly closer to its highs compared to Bitcoin.

Takeaways

• Consider Tron as a relative strength vehicle for crypto exposure if avoiding dogmatic long-term coin loyalty.

• Investment Themes: Artificial Intelligence (AI) chips, traditional finance (TradFi) stock momentum versus crypto stagnation, macro divergence between stock indices and crypto, volatility compression and expansion.
• Sectors: Semiconductors/AI Hardware (Micron, SanDisk, SK Hynix, Palantir, NVIDIA), Major Tech/Magnificent 7 (Apple, Google), Cryptocurrencies (Bitcoin, Solana, Tron).
• Risk Factors: Ongoing crypto bearish trend structure (lower highs and lower lows), declining crypto exchange volumes and low liquidity, potential macro pressure from rising bond yields, and political/regulatory headwinds (e.g., low predicted odds for the Clarity Act passing in Polymarket).