Monthly BX Turns Red $BABA $CVNA $META $ORCL at Risk

Markets are entering a decisive phase as multiple big-cap names flash dark red monthly signals.

While some trends are still holding, momentum is clearly deteriorating and several charts are now setting up for potential corrections.

This is a time for discipline, flexibility, and strict adherence to system rules rather than conviction-driven bias.

1. $Tesla Motors(TSLA)$

Plenty of big tech just printed dark red Monthly BX, but $TSLA is still in Bull Cycle.

March needs to bounce or we likely get a sharp correction.

System is green so I’m still bullish, but I’m not married to this name.

If Bear Cycle confirms, I’m out and the thesis is gone.

2. $Alibaba(BABA)$

BABA ripped 20% off the lows but that move is now fading.

Monthly BX just closed dark red, which usually signals a coming correction.

I’m removing my bullish thesis and stepping aside here.

3. $Carvana Co.(CVNA)$

CVNA correction signal

Monthly BX just closed dark red. Most of the time, that sets up a correction.

Trend is still green, but if $300 support breaks, I’d expect a sharp move lower, with $200 as a rough worst-case target.

4. $Meta Platforms, Inc.(META)$

META is still compressing, but I think it’s a trap.

Monthly BX just printed dark red again with renewed selling pressure, and Bias has stayed bearish and red the whole time.

5. $Oracle(ORCL)$

Losing sucks, but bag holding is never acceptable. $ORCL

This is why we follow a system.

We cut $ORCL in January. Since then it’s bled almost 30%.

Best skill in this game: take the loss, accept it, and move on.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.