@josephcurl Watching these semiconductor swings is wild. One day you're up 7%, next day you're trying to figure out if it's profit-taking or something deeper. Hard to call it either way.
🚨 $TSM has been swinging like crazy the last couple days.
TSMC shot up from around $417 to nearly $449, showing some serious short-term strength. That's all about confidence in chips, AI manufacturing, and advanced process demand.
Then it dropped back to $427, but quickly bounced toward $447 again. 📈
What this tells me:
Buyers are still jumping in on dips, and the bullish trend isn't broken yet.
Technically, the first key support to watch is:
$432–$439
That's a solid short-term zone. If $TSM dips there and holds, it could be a spot to watch for a small position. 🎯
If it holds, the pullback might just be normal after a big rally, and $TSM could retest $449.
But if that zone breaks, things could get weaker.
The next stronger support is:
$419–$422
If price drops below the first zone and heads toward $419–$422, that signals more selling pressure and a deeper correction. Given $TSM's size, more downside could mean more market value lost. ⚠️
This isn't just about $TSM.
The whole US market is under pressure. $SPX, $NDX, and $QQQ are pulling back, and tech and semiconductor stocks are cooling together.
Also watch $SMH.
If it keeps weakening, capital is still cooling in semiconductors, which could pressure $TSM short-term.
If $QQQ and $SMH stabilize, $TSM has a better shot at attracting capital back. 📊
Long-term, $TSM's core fundamentals haven't changed.
TSMC is still the global leader in advanced chip manufacturing, tied to $NVDA, $AAPL, $AMD, $AVGO, and $QCOM.
AI chips, data centers, high-performance computing, smartphone chips, and process upgrades remain key long-term drivers. 🚀
My take is simple:
Don't chase after a sharp move.
Watch the $432–$439 support zone.
If it stabilizes, it could be a light-position watch zone.
If it breaks, the next strong support is $419–$422.
Also keep an eye on $SPX, $NDX, $QQQ, and $SMH for stabilization.
$TSM's long-term story is still strong, but short-term price action has to deal with market pressure, semiconductor cooling, and profit-taking after a big rally.
⚠️ This is just market analysis, not financial advice. Do your own research.
@LisaSongSutton AMAT has been a steady name in semis for years. The chart run looks nice but I'd want to see how they hold after this move before getting too excited.
$AMAT is still one of the strongest players in the semiconductor equipment space. 🚨📊
The 15-minute chart tells a pretty clear story.
Applied Materials went from around 462, broke through 480, reclaimed 491, pushed past 500, and hit a short-term high near 508.31.
That was the momentum phase.
Now it's pulled back and sitting around 499–500, so we're seeing if buyers can hold that breakout line.
This isn't a bearish breakdown yet.
It's more of a high-level retest after a solid move up.
The first level I'm watching is 500.
If $AMAT can get back above and hold 500, the short-term setup stays healthy.
Key support is 495.
As long as it stays above 495, the bullish structure remains intact.
But if it loses 495, I'd get more cautious since the pullback could go down to 491–492.
The bigger picture isn't just $AMAT.
When Applied Materials moves, the market usually starts looking at the whole semiconductor equipment and AI chip supply chain:
$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
My take is simple:
AI demand isn't just about GPUs.
It spreads into fabs, wafers, tools, advanced processes, memory, networking, and the whole semiconductor infrastructure layer.
That's why $AMAT matters.
Solid chart.
Strong sector signal.
Clear AI supply-chain read-through.
But after a fast run, entry price still matters.
I want support confirmation, not emotional chasing. 📊🔥
Not financial advice.
@josephcurl I've been watching this one too. That 590 area feels like a make-or-break zone. If it holds here maybe we see another leg up, but if it slips below 580 I'm out.
$WDC isn't just a storage play anymore. 🚨📊
On the 15-minute chart, Western Digital made a big jump from the 520 area and climbed all the way up to 602.
That was a serious momentum push.
Now it's pulled back and sits around 590, so it's not in a straight up breakout anymore.
It's in a retest and recovery phase.
My first zone to watch is 588–592.
If $WDC holds here and regains strength above 592, the short-term recovery looks solid.
Key support is at 584–585.
If price drops below that, I'd get more careful, since the pullback could stretch to 579–580.
But this isn't just about one stock.
When $WDC moves, the market starts eyeing the AI storage and data center infrastructure chain:
$MU — AI memory and HBM
$STX — data storage demand
$NVDA — AI GPUs drive massive data needs
$AMD — AI accelerators and data center chips
$DELL — AI servers
$SMCI — AI server infrastructure
$AVGO — custom AI chips plus networking
$MRVL — AI networking and data movement
$AMAT $LRCX $KLAC — semiconductor equipment
$SMH $SOXX — semiconductor ETFs
My take is simple:
AI isn't just about GPUs.
AI needs memory, NAND, storage, servers, networking, and huge data infrastructure.
That's where $WDC comes in.
The chart had a strong run.
Now I'm looking for confirmation.
Hold 588–592 → recovery stays on track.
Lose 584–585 → risk goes up.
I'd rather wait for support confirmation than chase after a vertical move. 🚀📊
Not financial advice.
$CRWD isn't flashing a simple "breakout" right now.
It's showing a recovery signal after a sharp drop. 🚨📊
CrowdStrike had a solid run from the 670 area up to 785.
That was the big momentum move.
But after hitting 785, it pulled back hard toward 745, meaning the first leg already triggered some profit-taking.
Now here's the key part:
$CRWD has bounced back to around 769 and is trying to build up strength again.
The first level I'm watching is 766.
If $CRWD stays above 766, the short-term recovery is still on track.
The main support is 757–758.
If price loses that zone, the recovery picture weakens and I'd get more cautious.
On the upside, 771 is the first level bulls need to take back.
If $CRWD can hold above 771, the next area to watch is 777–786.
But this isn't just about CrowdStrike.
When $CRWD moves, the market usually starts eyeing the whole cybersecurity and AI security group:
$PANW — enterprise cybersecurity
$ZS — zero trust security
$FTNT — network security
$S — endpoint security
$OKTA — identity security
$NET — cloud security and edge network
$DDOG — cloud monitoring and security
$CYBR — privileged access security
$QLYS — vulnerability management
$MSFT — enterprise security and AI security platform
My take is simple:
Cybersecurity isn't just an IT budget line anymore.
It's becoming a critical piece of the AI economy.
More AI agents.
More cloud workloads.
More data moving around.
More attack surfaces.
That means security demand won't disappear.
$CRWD is still a core player here.
The chart is recovering.
The sector story is strong.
But I need confirmation.
I want to see 766 hold and 771 reclaimed before calling this a clean continuation. 📊🔥
Not financial advice.