Behind the video
Top 10 Stocks Setting Up for September | Wicked Market Leaders
Overall Thesis
Technical analysis of 10 major NASDAQ/AI stocks identifying key support and resistance levels that will determine whether they rebound or decline through September and beyond.
Narratives
MSFTMicrosoftThe analyst frames Microsoft as constructive after a breakout rally in late July, expecting continued strength through September and into Q4 if key chart levels hold. He notes the stock could also stall and trade in a range for a few months before resuming its longer-term uptrend.
Key Arguments
- Buy signal triggered above a chart channel top during the week of July 27th rally
- Currently holding above a key pivot level that correlates with prior highs
- Long-term channel top spans about four years and could support buying into 2027
Risks acknowledged
- Could fall back into a trading range for a few months before resuming trend
- Needs to close above a specific chart level to confirm the next leg higher
METAMetaThe analyst describes Meta as sitting on what he calls 'investment grade support,' suitable for portfolio buying over a 6-12 month or longer horizon as long as key support holds. He warns that a weekly close below that support zone would flip the picture bearish into year-end.
Key Arguments
- Trading above a combination horizontal and four-year channel bottom support zone
- Described as 'investment grade support' suitable for a 6 to 12 month or longer hold
- Remains in a stable-to-bullish long-term framework while holding above support
Risks acknowledged
- A weekly close below key support would trigger a sell signal into later in the year
- Could see further deterioration into mid-2027 if support fails
GOOGLAlphabetThe analyst calls Alphabet constructive while it holds above a key trend-line support level, projecting a bullish framework through the rest of the year. He notes that closing below a lower support level would flip the outlook bearish into October/November.
Key Arguments
- Holding above a base of support keeps the stock constructive through year-end
- A close above a descending channel top plus a secondary breakout level would create a 'double buy signal'
- Bullish framework intact through the rest of the year while above key support
Risks acknowledged
- A close below key support could mark the high for the year and open the door to a bearish turn into October/November
- Downside scenario could unfold if a lower support level is breached
Hedges & Caveats
- Analysis based on technical chart formations and historical price levels
- Multiple timeframe scenarios presented (2-3 weeks, 3-5 weeks, 2-3 months, 6-12 months)
- Predictions contingent on closing above/below specific price levels
- Volatility and market conditions could accelerate or delay projected moves
- Long-term support/resistance zones may contain price action through 2026-2027