Semis still ripping but watch the cracks forming 👀
$NVDA forming ascending triangle - bullish bias. If market shakes out lower, that's actually a better add zone. Still net long.
$AMD broke ATH, next target $690. Stop moved up. Price making new highs but RSI diverging = bearish divergence. Expecting pullback but holding for now.
$TSM lagging $NVDA and $AMD slightly. Hitting new highs on paper but momentum fading hard - clear divergence. This looks late-stage pump, not early move. Topping pattern forming.
$AVGO weakest in semis. Direction still up but watching for bottom. Already down 40% from peak - could continue higher or dump another leg if correction isn't done.
$SMH first target $781 if breakout holds. If this is a fake breakout and structure breaks, watching $434 downside.
Base case: bullish continuation. Backup plan: prepare for flush. Don't go full port.
$NVDA forming ascending triangle - bullish bias. If market shakes out lower, that's actually a better add zone. Still net long.
$AMD broke ATH, next target $690. Stop moved up. Price making new highs but RSI diverging = bearish divergence. Expecting pullback but holding for now.
$TSM lagging $NVDA and $AMD slightly. Hitting new highs on paper but momentum fading hard - clear divergence. This looks late-stage pump, not early move. Topping pattern forming.
$AVGO weakest in semis. Direction still up but watching for bottom. Already down 40% from peak - could continue higher or dump another leg if correction isn't done.
$SMH first target $781 if breakout holds. If this is a fake breakout and structure breaks, watching $434 downside.
Base case: bullish continuation. Backup plan: prepare for flush. Don't go full port.