TA Masterclass: AI Don’t Care: Q4 Setup Looks Explosive
TA Masterclass: AI Don’t Care: Q4 Setup Looks Explosive
13 hours agoInvestAnswers@investanswers
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Buy Bitcoin (BTC) on pullbacks ahead of an expected breakout past $82,000 toward $90,000, while accumulating Solana (SOL) under $100 before its major catalyst over the next eight weeks. Alphabet (GOOGL) is a top large-cap opportunity to enter around the $325 level, aiming for a $400 price target. In the AI memory sector, buy Micron Technology (MU) near $920 support for a short-term rebound to $1,000 and a 12-month target of $1,500. Palantir Technologies (PLTR) continues to show strong momentum above $168 support, making it an attractive hold as it targets $200. For Q4 growth, buy dips on Tesla (TSLA) in the low $300s to position for upcoming production catalysts.

Detailed Analysis

Bitcoin (BTC)

  • The price is currently trading around $76,300, which is about $6,000 above its 200-day moving average ($70,300) and well above its 200-week moving average ($65,000), indicating a strongly bullish market structure.
  • Facing short-term resistance near $78,015 (ATR level 4), with strong resistance at $80,000 to $82,000.
    • A clean breakout above $82,000 is required to trigger a run up to $90,000.
  • Outperforming gold by approximately 50% over the last 200+ days.
  • Recent ETF selling created minor red weeks, but timing indicators suggest the market remains in a compelling buy zone.

Takeaways

  • View current pullbacks as a compelling buying opportunity.
  • Watch for ETF inflow data and a confirmed breakout above $82,000 to signal the next major leg up to $90,000.

Ethereum (ETH)

  • Approached its technical floor/buy zone at $2,380$2,390.
  • Shows signs of short-term consolidation after meeting previous resistance levels.

Takeaways

  • Look for accumulation between $2,380 and $2,390.
  • Expect a target rebound toward the $2,500$2,600 range.

Solana (SOL)

  • Faces heavy technical resistance between $102 and $112, dipping down to $97 following recent interest rate decisions.
  • Strong underlying fundamental growth with significantly higher transaction volume and active users relative to Ethereum, despite trading at roughly one-fifth of the market cap.
  • The annual Solana trade show in roughly eight weeks serves as a major upcoming catalyst.

Takeaways

  • Accumulate on dips below $100 ahead of the upcoming trade show catalyst over the next eight weeks.

Tesla (TSLA)

  • Maintained strong technical support in the low $300s within a defined upward channel.
  • Entering Q4 with significant operational catalysts, including Optimus entering production, the Semi truck going into production, Cybercab scaling, and potential future upside if a SpaceX combination materializes.

Takeaways

  • Maintain a bullish outlook into Q4; pullbacks to the low $300s represent attractive entry zones.

NVIDIA (NVDA)

  • Hit a short-term top around $231 and experienced a mild correction down to $210$212, establishing a higher low.
  • Heading back up toward resistance between $228 and $230, with expectations of an upside breakout during Q4.

Takeaways

  • Avoid selling at current levels; treat any dips toward the $200$210 zone as accumulation opportunities.

Micron Technology (MU)

  • Trading within a reliable range bound between $920 (support) and $1,000+ (resistance).
  • Driven by massive demand for memory chips tied to AI infrastructure, Tesla, and SpaceX.
  • Expected to rally strongly in Q4 with a longer-term one-year price target of $1,500.

Takeaways

  • Active range traders can buy near $920 and take profit around $1,000.
  • Long-term investors can hold for a potential $1,500 target within the next 12 months.

Astera Labs (ALAB)

  • Rebounded strongly back to $270 after falling to its $250$265 buy zone.
  • Strong technical bounce off the ATR level 3 support line, with solid earnings expected in Q4.

Takeaways

  • Look to buy dips when price drops below $265, holding into Q4 for anticipated earnings strength.

Marvell Technology (MRVL)

  • Bounced cleanly off $194 support and is currently trading around $229.82.
  • Faces intermediate technical resistance near $257, with a medium-term price target pointing toward its previous high of $336 within six months.

Takeaways

  • Hold positions through resistance at $257, targeting $336 over the next six months.

Alphabet / Google (GOOGL)

  • Hit the targeted $325 buy zone on the dollar before rebounding.
  • Strong baseline AI ecosystem and custom silicon (TPU) business.

Takeaways

  • Treat any retests of the $325 level as a no-brainer entry point, targeting $400.

Palantir Technologies (PLTR)

  • Showing exceptional relative strength, consistently holding above its previous resistance-turned-support level of $168.
  • Wall Street consensus and technical targets are increasingly clustering around $200.

Takeaways

  • Strong hold above $168 support; target an advance toward $200.

Intel (INTC)

  • Strong fundamental headwinds, including poor net margins (-60% to -68%) and lack of consistent profit growth.
  • Reliably trades in a well-defined range between $87$88 (support) and $108 (resistance).

Takeaways

  • Restrict activity to short-term range trading: buy near the $87$88 support zone and exit near $108. Focus on higher-growth alternatives (like AMD or NVDA) for long-term investments.

Eos Energy Enterprises (EOSE)

  • Rebounded from the $3.00 buy zone up to roughly $3.87$3.94.
  • Backed by commercial validation via contracts with Google subsidiaries, but financial fundamentals remain volatile.

Takeaways

  • Keep position sizing strictly limited due to fundamental risks, watching November earnings for balance sheet stabilization.

Credo Technology Group (CRDO)

  • Triggered a technical buy signal around $150$153.
  • Backed by strong top-line revenue growth and consistent earnings beats over the past four quarters.

Takeaways

  • Suitable for growth-focused investors around the $150$153 entry zone.

Broadcom (AVGO)

  • Dropped below the previous $345 level, remaining in a short-term downtrend with no confirmed buy signals.

Takeaways

  • Avoid buying until technical momentum indicators signal a definitive reversal.
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👋 JOIN THE FAMILY: http://www.patreon.com/investanswers 📈 IA MODELS: https://investanswers.io/indicators 🏖️ IA RETIREMENT TOOLS: https://investanswers.io/retirement-tools 🧠 FREE INVESTOR QUIZ: https://investor-profiler.investanswers.io 📬 IA NEWSLETTER: https://investanswers.substack.com 🪙 IA CRYPTO COMPENDIUM: http://investanswers.io/crypto-compendium ⚙️ IA SCP Profiler: http://investanswers.io/scp-profiler 🌐 TradingView Referral: https://www.tradingview.com/?aff_id=27663 DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. 00:00 Introduction 02:31 Leopold Running it Back 02:58 Dow 03:25 S&P 500 04:54 Bitcoin 06:36 Bitcoin/Gold Pair Chart 07:10 Ethereum 07:48 SOL/ETH Pair Chart 08:25 Solana 09:15 Microstrategy 09:40 STRC 10:07 Cleanspark 10:51 Tesla 11:36 SpaceX 12:55 TSLA/SPCX Pair Chart 13:21 NVIDIA 14:05 SK Hynix 14:49 Micron 16:23 ALAB 17:07 Marvell 17:38 AMD 18:03 Google 18:36 Palantir 19:30 EOSE 20:13 Audience Questions / Do you folks think after today since it’s past the first two weeks of September that we are gonna rally again in our IA 13? Similar to last may? Or more or less aggressive for Q4? 21:53 OIL 22:38 ASST 25:17 INTEL 27:25 CRDO and CBRS 30:45 AVGO
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