@AliShahReinvent That kind of spike and snap-back usually shakes out the late buyers. Curious if it holds above $420 before earnings season really kicks in.
@Cobtribefan Feels like the algos are just chasing each other's tails at this point. That support zone will either hold or we'll see another leg down pretty quick.
$AMD is starting to feel like a momentum comeback trade again. 🚨📊
On the 15-minute chart, AMD bounced hard off the 524 zone and rallied all the way to 546.
That shows me buyers are still in the game.
But now it's trading around 542, right near the recent peak, so I'm not getting aggressive chasing here.
The first level I'm watching is 538.
If $AMD dips and holds 538, the short-term bullish setup still looks solid.
Key support is 532–533.
As long as $AMD stays above that range, bulls remain in charge.
If $AMD can break and hold above 546–547, momentum might keep going.
But this isn't just about AMD.
When $AMD moves, the whole AI chip and data center ecosystem gets noticed:
$NVDA — the AI GPU leader
$TSM — advanced chip production
$MU — AI memory and HBM
$AVGO — custom AI chips and networking
$MRVL — AI networking and custom silicon
$ARM — chip architecture
$DELL — AI servers
$SMCI — AI server infrastructure
$ASML $AMAT $LRCX $KLAC — semiconductor equipment
$SMH $SOXX — semiconductor ETFs
My take is simple:
AI demand isn't going to one company alone.
$NVDA is still the top dog, but hyperscalers need more supply, more competition, and better data center options.
That's where $AMD comes in.
EPYC CPUs.
Instinct AI GPUs.
Data center acceleration.
AI infrastructure demand.
The chart looks good.
Buyers are active.
The AI chip story isn't dead.
But after a quick run, entry price still matters.
I'd rather wait for support confirmation than buy near the high. 📊🔥
Not financial advice.
$AMAT is looking strong in the semiconductor equipment space. 🚨📊
On the 15-minute chart, Applied Materials broke out of the 448–454 range, moved past the 463–464 zone, and ran up to 491.
That's a solid momentum play.
Right now, $AMAT is hanging near the highs around 489–490. Buyers are still in charge, but after a move like this, I wouldn't jump in blindly at the peak.
The first level I'm watching is 480.
If $AMAT dips and holds near 480, it means buyers are defending the breakout.
Key support is at 473.
As long as $AMAT stays above 473, the short-term bullish trend is good.
But it's not just about one stock.
When $AMAT moves like this, the whole semiconductor equipment and AI chip supply chain usually gets attention.
Stocks to keep an eye on:
$ASML — EUV lithography
$LRCX — etch and deposition tools
$KLAC — inspection and process control
$TSM — advanced chip manufacturing
$INTC — foundry expansion
$NVDA — AI GPU demand
$AMD — AI accelerators
$AVGO — custom AI chips and networking
$MRVL — AI networking and custom silicon
$MU — AI memory and HBM
$SMH $SOXX — semiconductor ETFs
Here's my take:
AI chip demand isn't just about GPUs.
It spreads into fabs, tools, wafers, advanced processes, memory, networking, and overall semiconductor spending.
That's why $AMAT matters.
Strong chart.
Strong sector rotation.
Strong AI infrastructure story.
But after a big move, entry price matters.
I'd rather wait for a clean pullback near support than chase strength at the top. 🚀📊
Not financial advice.