A lot of tech related 4hr RSI's are at extreme lows here in after hours.
$NBIS - Lowest reading since Feb 2022; Post earnings sell off that saw the stock go from Mid 50's to mid-teens in a week.
$SMH - Lowest since April 2025; Tariff Tantrum.
$QQQ - Lowest since June of this year, followed by March of this year.
$MU - Lowest since March when the stock was still trading in the 300s.
Think a relief bounce is due soon to say the least.
@Sandeman52 At this point any Anthropic or OpenAI news, especially when it comes to revenue, that doesn't break records is a reason for a sell off these days. Them targeting $2T IPO valuation doesn't help either
$SPX $IXIC
More historical data from these two over $SPY / $QQQ, still telling a similar story.
Near-term bottom soon into EOY rally.
Not to mention the MTE quant with 100% win-rate over the next 6months.
Make sure you are solvent enough to buy this dip.
$QCOM $ARM
QCOM ARM -- QCOM wins jury verdict against ARM
A verdict against Arm in its ongoing trial with Qualcomm could cost the company up to $2.2 billion in lost royalty payments.
@jbfinancebull Definitely not true. Used to work as a wealth manager for UHNW and worked with clients accountant and estate teams regularly. Would be very dumb and inefficient if all 3 were siloβd and not collaborating
@Sandeman52 Itβs ridiculous, thought we were finally done with the limit downs on Kospi after they banned leveraged fund trading. 100% agree with you, makes no sense but it is what it is at this point