5 Key Stocks on My Radar This Week: Buy and Sell Signals

TL;DR Strength: Amazon at $211.5 support (gap fill target $220.5), Netflix above 100-day MA targeting $1,090-1,100. Weakness: Tesla below 200-day SMA (next stop $367), Nvidia at risk below $170, AMD could gap fill to $171 if $386 breaks.

Not every stock moves the same direction in a selloff. Identifying which names hold their key levels and which ones break is where the edge is this week.

1. Amazon (AMZN) — Testing $211.5 Support

Amazon is sitting on an interesting level.

$211.5 has been a key resistance zone in the past — multiple rejections occurred here. Now the stock is attempting to flip that resistance into support. This is a textbook "resistance-becomes-support" setup.

If it holds, the gap fill target is $220.5. The stock already rallied precisely to that level before pulling back, confirming its significance.

This is one of the first names I'd watch for a bounce if the broader market finds buyers. That said, given the current macro backdrop, the probability of a sustained bid isn't high. It's a conditional long — hold of $211.5 is the prerequisite.

2. Netflix (NFLX) — Relative Strength Leader

Netflix is in its own world while the rest of the market struggles.

It's holding comfortably above the 100-day moving average. In a market where SPY and QQQ are both below their 100-day lines, this is a major tell. Institutional money is still flowing into this name.

Above $1,000, the target zone is $1,090-$1,100 near the 200-day SMA. The distance from its 200-day gives it a cushion even if the broader market correction deepens. In a flight to quality within equities, this is the kind of name that holds up.

3. Tesla (TSLA) — Below the 200-Day, Weakness Deepening

Tesla is one of the weakest names on the board right now.

It's already trading below the 200-day SMA. That's not a garden-variety pullback — it's a trend change signal.

Key levels:

• $383-384: First support, currently being tested
• $367: Next downside target if $383 breaks

While below the 200-day, rallies are sell-the-rip opportunities rather than buy-the-dip setups. The burden of proof is on the bulls here.

4. Nvidia (NVDA) — $170 Is the Line

Nvidia's 200-day moving average is under direct threat.

If it breaks below, $170 becomes the target. Lose $170 and $168 is next — and from there, things get ugly fast. The semiconductor sector is broadly weak, and Nvidia's ability to hold this level has implications for the entire chip space.

Important caveat: the stock is sitting on significant support right now. This isn't a blind short — it's a "watch for the break" setup. You need confirmation before acting on the downside.

5. AMD — Gap Fill to $171 If $386 Breaks

AMD presents the most dramatic downside scenario of the group.

Below the 200-day SMA, if $386 gives way, there's minimal meaningful support before the gap fill level at $171. That's a potential 55%+ decline from $386.

This is obviously the worst-case scenario and requires $386 to break first. But the sheer magnitude of the downside if it does underscores why risk management matters more than conviction in this environment.

Bonus: Palantir (PLTR) — War Beneficiary, But Resisted at the 200-Day

Palantir is a direct beneficiary of the Iran conflict. As a defense and intelligence analytics platform, demand increases in wartime scenarios.

Technically, it's been rejected at the 200-day SMA. Currently rangebound between $150-$162. Above the 200-day, there's room toward $168-170. But it hasn't reclaimed that level yet, so it remains a "watch, don't chase" situation.

The Playbook

The most important principle in this market: wait for key levels to break before acting.

For potential longs (Amazon, Netflix): confirm support holds, then enter. For potential shorts (Tesla, Nvidia, AMD): confirm key support breaks, then engage. In a high-volatility environment, reacting to confirmed breaks is safer than predicting direction.