$NVDA Activates Bull Cycle While $CRWV and $AMZN Push Higher

PeterDiCarlo
06-17

Several high-profile growth stocks are flashing bullish signals as momentum improves following recent pullbacks. $NVDA has triggered a new Bull Cycle setup, while $CRWV continues to build on its rebound from support and $AMZN appears to be forming a potential bottom.

With technical conditions strengthening across multiple names, investors are watching for the next leg higher as leadership returns to AI, cloud, and growth-oriented stocks.

1. $NVIDIA(NVDA)$

$NVDA Bull Cycle activated. ๐Ÿšจ

In my system, ~60% of these signals have led to 50โ€“100% moves over the next year.

After this pullback I still see this as a buy zone.

In the video I walk through the setup, key levels, and my upside targets.

2. $CoreWeave, Inc.(CRWV)$

$CRWV is up ~20% off support and my Bull Cycle framework still points higher.

Iโ€™m targeting $170 over the next 6 months.

3. $Amazon.com(AMZN)$

If you trade $AMZN

My system is signaling a bottom and Iโ€™m targeting 280โ€“300 over the next couple of months.

4. $Netflix(NFLX)$

$NFLX has followed our top call from last year almost perfectly, including a big bull trap two months ago that we avoided by sticking to the system.


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CoreWeave Surges 15% After Hours โ€” Can That $104B Backlog Deliver?
CoreWeave +2.42% Tuesday, +15.37% after hours on earnings: revenue $2.575 billion, but the $104 billion backlog is what moved it. Nebius rode along, +4.95% in the session, with its own results due pre-market and Burry's short still intact โ€” the sell side is split on which of the two carries better risk-reward. Longer-dated: Anthropic signed a 20-year compute deal with miner Riot, roughly $9.1 billion for 191 megawatts, up to $16.1 billion if every extension is exercised; Riot closed +4.33%. A backlog that size and a 20-year contract on one day โ€” has compute visibility structurally lengthened?
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