Finer Market Points: ASX Top 10 Momentum Stocks: 11 Jun 2025 TraCSE:DTR AMEX:EPM NYSE:ELS ASX:MTM LSE:TMG $4DS NYSE:EOS $G50 PSE:RLT GETTEX:SHN Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Dateline Resources Limited (DTR) Eclipse Metals Limited (EPM) Elsight Limited (ELS) MTM Critical Metals Limited (MTM) Trigg Minerals Limited (TMG) 4DS Memory Limited (4DS) Electro Optic Systems Holdings Limited (EOS) G50 Corp Limited (G50) Renergen Limited (RLT) Sunshine Metals Limited (SHN)
IRB INFRA: Cup & Consolidation Breakout🔍 Chart Analysis
The stock formed a textbook cup pattern, indicating accumulation after a long downtrend and also given 200 EMA breakout.
After forming the rounded base, it entered a tight consolidation range (highlighted in blue).
Today, the stock broke out of this range with strong bullish momentum and rising volume.
Immediate support lies at ₹49.25, the base of the consolidation box.
Next major hurdle: Strong resistance at ₹60.52, which aligns with a previous swing top.
📈 Why This Setup Looks Promising
Cup and handle patterns often precede major upward moves, especially when breakouts happen with volume.
Breakout from consolidation confirms bullish interest near ₹53 zone.
The stock has already corrected about 47% from its all-time high, offering a potential value opportunity if trend reversal sustains.
🎯 Levels to Watch
Support: ₹49.25
Resistance: ₹60.52
Breakout Confirmation Zone: ₹53.00–₹54.00
⚠️ Disclaimer
This is not investment advice. Please do your own research or consult your financial advisor before taking any position. The market is subject to risk and uncertainty.
Guardant Surge: Targeting a Clean Breakout!”“Guardant Surge: Targeting a Clean Breakout!”
📝 Trade Breakdown:
🧬 Setup:
GH is showing a strong breakout retest pattern after breaking above consolidation near $48. The price is holding above support, forming a higher low with momentum.
📍 Entry: ~$49.53 (post-breakout retest)
🎯 Target: $52.40 (resistance/TP zone)
🛡 Stop Loss: ~$48.20 (below yellow support zone)
📊 Risk-Reward: ~2:1 — attractive and calculated
🔍 Technical Confirmation:
🔼 Retest of prior resistance turned support.
✅ Trendline + horizontal support convergence.
🔋 Strong prior volume push from $42–$50 range.
🎯 Caption Idea:
“GH is charging forward with a clean breakout setup! Holding above $49 could ignite a rally toward $52+.”
“Roblox Reloaded: Breakout at Play!”RBLX
📝 Trade Breakdown:
🎮 Setup:
RBLX formed a strong ascending base and is now attempting a breakout from a wedge consolidation, right above the yellow support zone. The structure shows bullish continuation if price holds above this pivot.
📍 Entry: ~$93.38 (breakout trigger point)
🎯 Target: $98.29 (upper green resistance zone)
🛡 Stop Loss: ~$91.67 (below wedge & horizontal support)
📊 Risk-Reward: ~1.8–2:1 — solid and technical
🔍 Technical Confidence:
📈 Strong trend from May to June.
🟨 Horizontal & trendline support converge at the breakout point.
🔺 Wedge breakout gives bullish continuation confirmation.
🎯 Caption Idea:
"Roblox breakout watch: Game on above $93. A clean wedge + retest = potential move to $98!"
"Breakout Eagle: Soaring Past Resistance XYZ!"Breakout Eagle: Soaring Past Resistance!"
📝 Trade Breakdown:
🚀 Setup:
XYZ just blasted past a key resistance zone with strong bullish momentum. The breakout is confirmed with a clean retest on both the trendline and horizontal support — a textbook long setup!
📍 Entry: $65.84 (on breakout retest)
🎯 Target: $68.20
🛡 Stop Loss: Below $65.00 support zone
📊 Risk-Reward: 2:1 — clean, calculated, and high conviction
🔍 Why It Stands Out:
Trendline breakout 📈
Resistance flip to support 🔄
Volume + price action confirm breakout ✅
TSLA: $300 is an important numberOver the past 5 years, $300 has been a very important price point -- both in support and resistance. Only once have we converged with the 200 day at $300 mark, and that was when we were hitting it as resistance. We are now in a position to do the same from the position of support. I think a similar yet opposite pattern should unfold if we move to this range.
Outside all that, we continue to maintain a cup and handle pattern. We are also maintaining higher lows.
Bullish signals and patterns outweigh the bearish in my eyes.
Best of luck.
Larger correction wave is likely completedTSE:6526 is looking at a strong possible bullish reversal as the stock has seen a possible end of its corrective structure. Furthermore, there is a v-shaped bottom reversal forming and given the strong momentum, the stock is likely to break above the neckline resistance of 2,371. We expect 1st target to reach 3,612.
Long-term MACD is positive and shows strong momentum. Stochastic Oscillator has rose beyond the mid-point level and 23-period ROC is strong. Directional movement index reiterates the strong bullish strength.
Rivian Kicking Off Potential UptrendHey, all. I'll get down to it. Obviously NASDAQ:RIVN has been an incredibly tough stock to own. Fake out after fake out. It has been brutal - unless you have been nimble enough to buy the dips and sell the rips.
I would like to posit, however, that NASDAQ:RIVN is going to start marching back higher here over time. In the signal system I have been taught via the T@M strategy, Rivian is putting in a range expansion to the upside on the weekly time frame. If you take the range of the past monthly consolidation period, attach it to the "mode" (or central zone of the consolidation range), it gives you a target of $25 over the next few months. Now, whether this is another fake out just to reverse on us... again... remains to be seen of course. It is early in the idea. But potentially offers a decent risk/reward position here.
I just do not see Rivian really going away at all and, if they can keep refining their business, they could see some success going forward. Anyway, hope you enjoy this idea! As always, position carefully as the market is risky business.
Including the Daily Chart below for your reference as well.
PGR Weekly Bearish Setup – 2025-06-13 Expiry📉 PGR Weekly Bearish Setup – 2025-06-13 Expiry
🧠 AI Model Consensus | NYSE:PGR
Despite a short-term bounce, multiple AI models signal a bearish bias this week for Progressive Corp ( NYSE:PGR ), driven by weak daily charts and heavy put interest around the $250 zone.
🧪 Model Breakdown:
🔹 Grok/xAI
• 📉 Bearish overall: Price < daily EMAs, negative MACD, oversold RSI
• 🟢 5-min chart shows temporary bounce
• ⚠️ Max pain & heavy put OI @ $250
• 🛠️ Trade: Buy $260P @ market (target +50%, SL: stock > $272.50)
• 📈 Confidence: 65%
🔹 Claude/Anthropic
• 📉 Below all EMAs (5-min + daily), RSI oversold
• ⚠️ Max pain at $250, put dominance
• 🛠️ Trade: Buy $260P @ ~$0.70 → PT: $1.40 (100%), SL: $0.35
• 📈 Confidence: ~66%
🔹 Llama/Meta
• 📉 Daily chart bearish, MACD down, near lower BB
• 🟢 Short-term bounce likely
• 🛠️ Trade: Buy $260P @ $0.85 → PT: $1.275 (50%), SL: $0.25
🔹 Gemini/Google
• 🚨 Strongly bearish daily (MACD down, BB breakdown)
• 📊 Recommends $262.50P for better liquidity
• 🛠️ Trade: Buy $262.5P @ $1.25 → PT: $2.50 (100%), SL: $0.625
• 📈 Strategy: Day-trade or short swing
🔹 DeepSeek
• 📉 Bearish across timeframes; RSI oversold, price < EMAs
• ⚠️ Max pain at $250, strong put skew
• 🛠️ Trade: Buy $260P @ $0.85 → PT: $1.70 (100%), SL: $0.425
• 📈 Confidence: 75%
✅ Consensus Summary:
📉 Market Direction: Bearish
• Daily structure weak across all models
• Max pain + put OI @ $250 = downside magnet
• Short-term relief rally possible, but larger trend down
• $262.50P selected for best liquidity & execution
📌 Suggested Trade Setup
🎯 Symbol: NYSE:PGR
🟢 Strike: 262.50 PUT
📅 Expiry: 2025-06-13
💵 Entry Price: $1.25
🎯 Profit Target: $2.50 (+100%)
🛑 Stop Loss: $0.625 (–50%)
📈 Confidence: 75%
⏰ Entry Timing: Market open
⚠️ Risk Factors
• 📈 Short-term RSI oversold → possible bounce
• 🟢 5-min trend relief rally could cause drawdown
• 🧊 VIX dropping → lower option volatility
• 💸 Liquidity better at $262.50 than $260 strikes
📊 TRADE JSON
💬 Are you watching NYSE:PGR this week? Drop your setups or counter-trades below!
📉 Follow for more AI-powered weekly trade breakdowns.
CRCL Weekly Bearish Setup (Week of 2025-06-09)📉 CRCL Weekly Bearish Setup (Week of 2025-06-09)
🔍 Ticker: NYSE:CRCL
Multi-model AI consensus indicates a bearish short-term outlook for CRCL this week, driven by weak technicals, downside pressure from max pain, and poor option liquidity.
🧠 Model Summaries:
🔹 Grok/xAI
• 📉 Bearish: Price below 10EMA, negative MACD, RSI near 41
• 🧊 Support: $115.20 | Resistance: $116.34
• ⚠️ Max Pain: $100 → downside bias
• 💡 Trade: Buy $115 Put (Jun 20) → PT: +50%, SL: –50%
🔹 Claude/Anthropic
• 📉 Bearish intraday: below EMAs, negative MACD, RSI ~41
• ⚠️ Max pain at $100, light OI → downside risk
• 💡 Trade: Buy $115 Put @ ~$12.95 → Target 30–50%, SL: 25%
🔹 Llama/Meta
• ⚖️ Mixed: Slight short-term bearish tilt, but warns against poor liquidity
• 💸 Trade: No Trade due to spread/premium inefficiency
🔹 Gemini/Google
• 📊 Daily trend bullish, but intraday showing exhaustion
• ⚠️ Extreme spreads, no open interest
• 💸 Trade: No Trade recommended
🔹 DeepSeek
• 🚨 Strong Bearish: Breakdown of $115.20 w/ volume, negative MACD, RSI ~41
• ⚠️ Sentiment: Max pain at $100 + bid-side put action
• 💡 Trade: Buy $115 Put @ $12.70 → PT: $18.90 (+50%), SL: $8.82 (–30%)
• 🔥 Confidence: 80%
✅ Market Consensus:
📉 Outlook: Bearish Bias
– Short-term momentum is weak (price < EMAs, MACD negative)
– RSI ~41 suggests downside room
– Max pain at $100 = gravity effect
– VIX falling = no panic relief for bulls
– Key Level to Watch: Breakdown below $115 = confirmation
📌 Suggested Trade Setup
🎯 Symbol: NYSE:CRCL
🟢 Strike: 115 PUT
📅 Expiry: 2025-06-20
💵 Entry: $13.30 (ask)
🎯 Profit Target: $19.95 (+50%)
🛑 Stop Loss: $9.31 (–30%)
📈 Confidence: 75%
⏰ Entry Timing: At open
⚠️ Risk Watch:
• ☠️ High premium & wide bid-ask spreads = slippage risk
• ⛔ Low open interest = exit uncertainty
• 🕒 Theta decay accelerates late in the week
• 📈 Invalidated if price breaks above $116.34
• 📰 Unexpected crypto/news rallies = trend reversal risk
📊 TRADE JSON
💬 Are you trading this NYSE:CRCL bearish setup? Share your thoughts below.
📉📈 Follow for daily AI-powered trade breakdowns.
Apple Stock Drops: Is Slow AI Development to Blame?The tech world was abuzz on Monday as Apple, a titan of industry and a beacon of innovation, experienced a sudden and significant dip in its stock value, shedding approximately $75 billion in market capitalization. This abrupt decline sent ripples through the investment community, prompting a closer examination of the underlying factors contributing to what many perceive as a rare moment of vulnerability for the Cupertino giant. While market fluctuations are a normal part of the financial landscape, this particular downturn has been widely attributed to growing investor apprehension regarding Apple's perceived slow progress in the burgeoning field of generative artificial intelligence (AI). In an era where competitors are aggressively pushing the boundaries of AI capabilities, Apple's more measured approach appears to be raising questions about its future competitive edge and its ability to maintain its unparalleled ecosystem.
The $75 Billion Question: Unpacking Apple's Stock Drop
Apple's stock drop on Monday was not an isolated incident but rather a culmination of mounting concerns among investors. While the immediate trigger for such a sharp decline can often be a specific news event or analyst downgrade, the broader context points to a deeper anxiety: the pace and direction of Apple's generative AI development. For a company that has historically set the pace in consumer technology, a perception of lagging in a critical emerging technology like generative AI is a significant red flag for the market.
The $75 billion loss in market value represents a substantial sum, even for a company of Apple's immense size. It signifies that a considerable portion of investor confidence, particularly concerning future growth prospects, has been eroded. This erosion stems from the understanding that generative AI is not just another feature; it is poised to revolutionize how users interact with technology, from personal assistants to content creation and productivity tools. Companies that fail to innovate rapidly and effectively in this space risk being left behind, potentially losing market share and, more importantly, mindshare among consumers.
Investors are keenly aware that the tech landscape is unforgiving. Past leaders, even those with seemingly unassailable positions, have faltered when they failed to adapt to paradigm shifts. The market's reaction to Apple's AI progress, or lack thereof, is a testament to the perceived urgency and transformative potential of generative AI. It suggests that the market is valuing future AI capabilities heavily, and any perceived deficit in this area translates directly into a discounted valuation. The stock drop, therefore, serves as a stark reminder that even for Apple, continued dominance is not guaranteed without aggressive innovation in key technological frontiers.
Apple's Generative AI Journey: A Work in Progress
Apple's approach to AI has historically been characterized by a focus on integration, privacy, and user experience. Features like Siri, Face ID, and computational photography are all powered by sophisticated AI algorithms, seamlessly woven into the Apple ecosystem. However, these applications typically fall under the umbrella of discriminative AI, which is designed to make predictions or classifications based on input data. Generative AI, on the other hand, is about creating new content—text, images, audio, video—that is often indistinguishable from human-created output. This is where Apple's "work in progress" status becomes a point of contention.
For years, Apple has been quietly investing in AI research, acquiring smaller AI companies, and hiring top talent. Its chips, particularly the A-series and M-series, are designed with powerful Neural Engines specifically optimized for on-device AI processing. This emphasis on on-device AI aligns with Apple's core philosophy of privacy, allowing many AI computations to occur directly on the device without sending user data to the cloud. While this approach offers significant privacy benefits and can lead to faster, more responsive experiences, it may also present challenges in scaling the massive computational power required for large language models (LLMs) and other complex generative AI applications that often rely on vast cloud infrastructures.
The challenge for Apple lies in translating its existing AI prowess and privacy-centric philosophy into compelling generative AI experiences that can compete with the rapid advancements seen elsewhere. While there have been reports and rumors of Apple developing its own LLMs and generative AI tools, concrete product announcements or widespread public demonstrations have been notably absent. This silence, coupled with the aggressive public releases from competitors, has fueled the narrative that Apple is behind the curve. The market is looking for tangible evidence of Apple's generative AI capabilities, not just promises of future integration. The "work in progress" status, while a natural part of any complex technological development, is being scrutinized under a microscope, especially given the high stakes of the generative AI race.
The AI Race: Contrasting Apple with OpenAI, Google, and Microsoft
The generative AI landscape is currently dominated by a few key players who have made significant strides, setting a high bar for innovation and public perception. The contrast between these leaders and Apple's perceived pace is stark and forms the crux of investor concerns.
OpenAI, with its groundbreaking ChatGPT, DALL-E, and Sora models, has arguably ignited the current generative AI boom. Its strategy has been one of rapid iteration, public release, and collaborative development, often prioritizing innovation and accessibility over immediate commercialization. This approach has allowed OpenAI to capture significant public attention and demonstrate the immense potential of generative AI, effectively becoming the face of the movement.
Google, a long-standing leader in AI research, has been quick to integrate generative AI into its vast ecosystem. Its Gemini models are designed to be multimodal and highly capable, powering features across Google Search, Workspace, and Android. Google's advantage lies in its immense data reserves, vast computational infrastructure, and decades of AI expertise. While it initially faced criticism for being slow to respond to ChatGPT, Google has since demonstrated its commitment to integrating generative AI deeply into its core products and services, showcasing a comprehensive and aggressive strategy.
Microsoft, through its strategic partnership and substantial investment in OpenAI, has positioned itself as a formidable force in the generative AI space. By integrating OpenAI's models into its Azure cloud services, Microsoft 365 suite (Copilot), and Bing search engine, Microsoft has rapidly brought generative AI capabilities to millions of enterprise and consumer users. This partnership has allowed Microsoft to leverage cutting-edge AI research without having to build every component from scratch, accelerating its time to market and providing a significant competitive advantage.
In contrast, Apple has historically preferred to develop its core technologies in-house, maintaining tight control over its hardware and software integration. While this approach has resulted in highly optimized and secure products, it may be a slower path when it comes to rapidly evolving, data-intensive fields like generative AI. The lack of a public-facing, widely accessible generative AI product from Apple, akin to ChatGPT or Gemini, creates a perception that it is not participating in the same league as its rivals. This perception, whether entirely accurate or not, is what is currently impacting investor confidence and contributing to the stock's recent performance. The market is looking for Apple to demonstrate its unique value proposition in generative AI, beyond its traditional strengths.
Challenges and Implications for Apple
Apple's perceived lag in generative AI development presents several significant challenges and implications for its future.
Firstly, there's the risk of falling behind in core product experiences. As generative AI becomes increasingly integrated into operating systems, productivity suites, and creative tools, devices and platforms that lack these capabilities may appear less competitive. Imagine a future where intelligent agents seamlessly manage tasks, generate content, and provide hyper-personalized experiences. If Apple's ecosystem doesn't offer comparable features, it could erode its premium appeal and lead users to platforms that do.
Secondly, developer mindshare is crucial. The most innovative applications and services often gravitate towards platforms that offer the best tools and capabilities. If generative AI developers perceive Apple's platform as less capable or slower to adopt cutting-edge AI models, they might prioritize other ecosystems, potentially leading to a stagnation in the breadth and quality of third-party applications within the Apple App Store.
Thirdly, ecosystem lock-in, a traditional Apple strength, could be challenged. While Apple's integrated hardware and software create a powerful ecosystem, the allure of superior AI capabilities on other platforms could tempt users to switch. For instance, if Google's AI-powered features on Android become significantly more advanced and useful than what Apple offers on iOS, even loyal Apple users might consider alternatives.
Finally, there's the impact on brand perception and innovation narrative. Apple has built its brand on innovation and pushing technological boundaries. A perception of being a follower rather than a leader in a transformative technology like generative AI could tarnish this image, potentially affecting consumer loyalty and its ability to attract top talent in the long run. The $75 billion stock drop is a clear signal that the market is taking these implications seriously.
The Path Forward: Apple's Strategy to Reclaim AI Leadership
Despite the current concerns, it would be premature to count Apple out of the generative AI race. The company possesses immense resources, a vast user base, unparalleled brand loyalty, and a proven track record of entering established markets and redefining them. Apple's path forward in generative AI will likely involve several strategic moves.
One approach could be to leverage its existing hardware advantage. Apple's custom silicon, particularly the Neural Engine in its A-series and M-series chips, provides a powerful foundation for on-device AI. The company could double down on developing highly efficient, privacy-preserving generative AI models that run directly on its devices, offering unique capabilities that cloud-based solutions cannot match. This would align with its privacy-first philosophy and differentiate its offerings.
Secondly, strategic acquisitions and partnerships could accelerate its progress. While Apple prefers in-house development, the rapid pace of generative AI might necessitate acquiring specialized AI startups or forming partnerships with leading AI research labs to quickly integrate cutting-edge models and talent. This would allow Apple to bridge any perceived gaps more rapidly.
Thirdly, Apple might focus on integrating generative AI subtly and seamlessly into its existing products and services, rather than launching standalone, attention-grabbing AI models. This "Apple way" of introducing technology often involves refining and perfecting features before a public rollout, ensuring they are intuitive and enhance the user experience without being overtly complex. This could involve AI-powered enhancements to Siri, improved content creation tools in its creative suite, or more intelligent automation within iOS and macOS.
Finally, developer engagement will be crucial. Apple needs to provide robust tools and frameworks that empower developers to integrate generative AI capabilities into their apps, leveraging Apple's on-device AI power. This would foster a vibrant ecosystem of AI-powered applications that further enhance the value proposition of Apple devices.
In conclusion, Apple's recent stock drop serves as a potent reminder of the market's high expectations and the transformative power of generative AI. While the company's deliberate and privacy-focused approach to AI has its merits, the rapid advancements by competitors like OpenAI, Google, and Microsoft have created a perception of lag. The challenge for Apple is to demonstrate how its unique strengths—integrated hardware and software, a focus on user experience, and a commitment to privacy—can translate into a compelling and competitive generative AI strategy. The coming months will be critical as Apple navigates this pivotal technological shift, aiming to reassure investors and consumers that it remains at the forefront of innovation, ready to define the next era of personal computing with its own distinct AI vision.
Positional Setup for Manappuram Finance Ltd (NSE)
From your TradingView chart:
CMP: ₹264.80
Breakout Zone: ₹245–248 (highlighted in purple)
Previous Resistance: ₹245–250 (now flipped to support)
Indicators:
Supertrend: ✅ Bullish
TEMA (5,9,20): ✅ Trending upward
Volume/Price Action: Sharp breakout candle with nearly 7% gain—strong confirmation
📈 Technical View (Positional)
Manappuram has broken out of a multi-month resistance zone after consolidation.
Strong follow-through with volume indicates strength.
It is now trading at multi-year highs, suggesting fresh upside potential.
🚀 Positional Targets:
Target 1: ₹285
Target 2: ₹305
SL (Closing Basis): ₹248
DIS Weekly Options Outlook (Week of 2025-06-09)📈 DIS Weekly Options Outlook (Week of 2025-06-09)
🧠 Multi-Model AI Consensus | NYSE:DIS
This week, multiple AI models show short-term bullish momentum for Disney ( NYSE:DIS ), but technical overbought signals and options market dynamics point to potential pullback risks near $113 into Friday’s expiration.
🧪 AI Model Insights:
🔹 Grok/xAI
• Momentum: Bullish (5-min MACD +, price > EMAs)
• Risk: Daily RSI overbought, MACD histogram red
• Trade: Buy $116C @ $0.73 → PT: $1.095 (+50%), SL: $0.365 (–50%)
• Confidence: 70%
🔹 Claude
• Momentum: Bullish on 5-min + daily RSI (~75), volume up
• Trade: Buy $117C @ $0.40 → PT: $0.80 (+100%), SL: $0.20 (–50%)
• Confidence: 68%
🔹 Llama
• Momentum: Bullish; price > EMAs, MACD up, RSI not extreme
• Note: Max pain pullback risk to $113
• Trade: Buy $116C @ $0.73 → PT: $0.87 (+20%), SL: $0.365
• Confidence: 70%
🔹 Gemini
• Momentum: Strong bullish on 5-min, but daily MACD lagging
• Trade: Buy $117C @ $0.40 on breakout > $115.70
→ PT: $0.80 (+100%), SL: $0.20
• Confidence: 65%
🔹 DeepSeek
• Momentum: Bearish bias due to overbought RSI, MACD divergence
• Trade: Buy $113P @ $0.24 → PT: $0.48 (+100%), SL: $0.12
• Confidence: 65%
✅ Consensus Summary:
Market Bias: 📊 Moderately Bullish, but watch for gravity toward $113 max pain
Best Setup: Long weekly naked calls ($116–$117 strikes)
Strategy Type: Single-leg call
Key Levels:
• Resistance: $118 (heavy call OI)
• Pullback Risk: $113 (max pain zone)
📌 Suggested Trade Setup
🎯 Symbol: NYSE:DIS
📅 Expiry: 2025-06-13
🟢 Strike: 117 CALL
💵 Entry: $0.40
🎯 Profit Target: $0.80
🛑 Stop Loss: $0.20
📈 Confidence: 68%
⏰ Timing: At open or breakout > $115.70
⚠️ Risk Watch:
• Overbought RSI may trigger fade
• Max pain pressure into expiry
• Call-heavy OI at $116–$118 may cap upside