Pro Picks: Buy Apple & Blackstone, Sell Visa

Recommendation: Buy AAPL on the breakout, positioning for intermediate-term upside potential.

• Relative Undervaluation Among Peers: AAPL has underperformed other MAG 7 stocks for a long time, avoiding the overbought conditions seen in names like Alphabet, making it a less extended opportunity if you believe in the company’s fundamentals.
• Breakout Above Key Resistance: The stock broke out above former resistance at 215-217 and cleared the 200-day moving average during its recovery, confirming bullish momentum without signs of a bearish reversal.
• Supportive Correction Phase: The recent pullback tested key long-term support without triggering reversal metrics, setting up a healthy base for renewed upside.
• Path to New Highs: No sell signals present; indicators suggest potential to reach new all-time highs while keeping momentum gauges positive, respecting the prevailing long-term trend.

Buy Signal: BX (Blackstone)

Recommendation: Buy BX on the short-term breakout, targeting new all-time highs with renewed long-term momentum.

• Lagging Participation in Sector Rally: BX hasn’t fully joined the strong performance of broader financials, appearing less overbought and offering a fresh entry in a market full of steep uptrends.
• Short-Term Breakout Catalyst: The stock cleared short-term resistance, providing a positive technical trigger for immediate upside.
• Renewed Long-Term Momentum: A monthly momentum buy signal indicates potential lift to new all-time highs, building on the established long-term uptrend.
• Successful Support Test: Recent action tested support around the 50-day moving average (per the cloud model), confirming resilience and a solid foundation for further gains.

Sell Signal: V (Visa)

Recommendation: Sell V or reduce exposure, watching for underperformance amid a potential topping formation.

• Toppy Weekly Setup: The weekly bar chart shows a rangebound pattern with a lower high, signaling distribution and vulnerability despite the broader market’s higher highs.
• Counter-Trend Sell Signal: The last high triggered an intermediate-term sell signal, indicating the up move is overdone and suggesting a topping formation.
• Overbought Long-Term Downturn: Longer-term metrics point to an overbought condition turning downward, making V more prone to additional underperformance versus peers.
• Key Support Levels in Jeopardy: Currently at ~$340 near the rising 200-day moving average (primary support); secondary support at ~$310 (cloud model)—a breakdown below the 200-day (sustained over a week or two) could accelerate a correction, framing downside risk.