Apple (AAPL: NASDAQ)

Apple Inc. (AAPL), a technology giant renowned for its impact on the world, particularly through the production of smartphones, tablets, and other smart devices, is considered a monster in the tech industry. The company’s ability to retain existing customers and attract new ones is evident, with half of Mac and iPad buyers in the most recent quarter being new to those products. Apple’s continuous innovation is highlighted by its upcoming product, the Apple Vision Pro spatial computer, set to launch early next month.

While the pricing of the Vision Pro mixed-reality headset at $3,499 may initially pose a challenge for widespread adoption, it positions Apple as a significant player in the virtual reality (VR) and Metaverse space, fostering long-term growth for its ecosystem.

The current analysis leans bullish on Apple (AAPL), suggesting an entry above the $172.00-$174.00 range, with an upside target set in the $230.00-$240.00 range.

Microchip Technology (MCHP: NASDAQ)

Microchip Technology (MCHP), a global developer and manufacturer of smart and secure control solutions, is currently navigating a cyclical downturn, as acknowledged by its management. Despite the current challenges, indications suggest that Microchip’s downturn is temporary, and the company is expected to return to growth in the future. Throughout its history, MCHP has demonstrated a remarkable ability to maintain high profitability.

CEO Ganesh Moorthy has conveyed that although customers are currently in a state of panic, similar to the situation two years ago when there was a rush to buy every chip available, the cycle will repeat. Microchip anticipates an average annual revenue growth of 10% to 15% through fiscal year 2026, reflecting management’s confidence in the company and the industry.

The current analysis views Microchip Technology bullishly, with a suggested entry above the $80.00-$81.00 range and an upside target in the $124.00-$126.00 range.

Crypto Total Market Cap (TOTAL)

The current market dynamics indicate that TOTAL is encountering resistance levels in its trading, concurrently revisiting the former support line positioned at $1.6 trillion. In the event of rejection at this point, there is a likelihood of a downturn to around $1.52 trillion, with the possibility of extending to the range of $1.4 trillion to $1.45 trillion.

However, a breakthrough past the $1.6 trillion mark may pave the way for further upward momentum, setting the stage for a potential climb towards the next resistance zone spanning $1.8 trillion to $1.9 trillion, a region that had been previously tested earlier in the month.

Solana (SOLUSDT)

Despite the positive news surrounding Solana this week, a contrasting view emerges when examining its current chart, which does not seem overly bullish at the moment. After securing support around $80.00 last week, the digital asset made a move towards the subsequent resistance zone ranging from $95.00 to $105.00. Should it face rejection within this range, there’s a potential for a downside movement, with the following support area identified at $75.00 to $80.00.

On the flip side, a breakthrough past the $105.00 level could pave the way for a more bullish scenario, possibly leading to a surge towards the $140.00 to $150.00 range. Investors are keenly observing these critical levels to gauge the immediate future trajectory of Solana in the market.