I'm testing how I can start posting on x for business purposes and create value through my content. I have lots of ideas and need to sort through them and see which one is truly me.
@MrMikeInvesting I share my real-time TRADE alert (entry & exit points) on WhatsApp, free to join β
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@ericjackson I share my real-time TRADE alert (entry & exit points) on WhatsApp, free to join β
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@ericjackson I share my real-time TRADE alert (entry & exit points) on WhatsApp, free to join β
π¨ Copy search input Reply β888β to WhatsApp: +15102847934
Hereβs the link : https://t.co/JLq1R1t2x6
@ericjackson I share my real-time TRADE alert (entry & exit points) on WhatsApp, free to join β
π¨ Copy search input Reply β888β to WhatsApp: +15102847934
Hereβs the link : https://t.co/JLq1R1t2x6
$TSM still looks bullish on the short-term timeframe. π¨π
On the 15-minute chart, TSMC broke out hard after hanging around the 407β421 zone.
It shot up and hit 443, which shows solid buying pressure in the short run.
Right now, $TSM is hovering near the 440 area, close to that recent peak.
So momentum is still there, but since we're near a short-term high, I wouldn't jump in too aggressively here.
Here's what I'm thinking:
Buy zone: 421
That's the first dip I'd look for after this breakout.
Key support: 407
As long as $TSM stays above 407, the bullish short-term view stays intact.
If $TSM breaks and holds above 443, there might be more room to the upside.
But if it struggles near 443, I'd watch for a pullback to 421 first.
Bottom line:
Trend is up.
Momentum backs it.
Buyers are running the show.
Still, price is near the top.
So I'd rather wait for a solid dip near support than chase it at the peak. ππ
Not financial advice.
@unusual_whales I've seen friends with masters stuck in the same entry-level grind as everyone else. The degree just doesn't carry the weight it did back when our parents pushed for it.
@ChizNobi Custom chips and optical links are where the real bottleneck gets solved. If they pull that off, it changes the game for a lot of hyperscalers.
$MRVL is quickly becoming one of the most critical players in AI infrastructure. π¨π
Marvell isn't just a regular chip company anymoreβit's deeply involved in AI data centers, focusing on networking, optical links, custom chips, and moving data faster.
Why does this matter? Because AI isn't just about GPUs. Huge AI systems need GPUs to crunch numbers, but they also need solid networking to shuffle data between chips, servers, racks, and centers. That's where $MRVL steps in.
Their latest earnings show AI is driving things, with data center revenue as the main engine. Management highlighted strong AI bookings and bumped up revenue expectations.
Now, the chart:
Big picture: $MRVL has shifted into a clear bullish weekly trend. It broke out of a long consolidation and pushed near 218. No obvious signs of a top or reversal yet.
Short term: After a big run-up, it's now consolidating near highs. Bullish momentum is still there, but the price is high, so I'm not chasing.
My plan:
Buy zone 1: 163β164
This is where I'd look for a first pullback.
Buy zone 2: 129β130
A deeper zone and the key weekly support.
Key support: 129β130
If it holds above that, the bullish trend stays. If the weekly closes below 129, I'd cut risk and wait for around 105β106.
Bottom line:
Strong AI networking story.
Strong data center demand.
Strong custom chip potential.
Strong weekly trend.
But even great companies need good entry prices. I'd rather buy on weakness near support than chase a big move. ππ
Not financial advice.