$PLTR’s move over the last couple of days isn’t just a simple pullback anymore.
It shot up from around $132 to nearly $163, showing some crazy short-term strength.
But after that run, it quickly dropped back to about $140, which means people are taking profits at the highs. 📉
Right now, the key level isn’t $163 or $140.
The real spot to watch is the $136–$139 support zone. 🎯
This area will tell us if the rally was just hype or if the bullish trend can keep going.
If $136–$139 holds, buyers are still in the game, and the market still believes in $PLTR’s AI software story. A bounce is still possible.
But if it breaks, the short-term setup gets weak. Late buyers might sell off, and the stock could look for lower support. Market cap pressure might grow too.
This pullback isn’t just about $PLTR.
The whole U.S. market is under pressure:
$SPX is fading.
$NDX / $QQQ are dropping.
AI growth names are cooling off.
Expensive software stocks are getting repriced.
Short-term money is fleeing high-beta plays.
So $PLTR’s drop comes down to two things:
First, it ran up too fast and needs to settle.
Second, the broader market and tech vibe are cooling down.
Long term, I still don’t see $PLTR as just another software company.
Its real edge is in:
AI data analytics.
Government and defense.
Enterprise AI platforms.
Big institutional decisions.
Sticky customer ties.
In the AI age, whoever controls data controls decisions.
That’s the long-term story behind $PLTR. 🚀
My take is simple:
Don’t chase blindly right now.
Watch $136–$139 carefully.
If support holds, there’s still a rebound chance.
If it breaks, short-term risk will climb.
$PLTR’s long-term story is solid, but short-term action needs to respect technical support and market pressure.
⚠️ This is just market analysis, not advice. Do your own research.
$AMD is looking like a momentum comeback trade right now. 📊🚨
On the 15-min chart, it bounced hard from 524 and ran all the way up to 546.
That shows buyers are still in the game.
But now it's around 542, near the recent high, so I’m not chasing it.
First level I’m watching is 538.
If $AMD dips and holds 538, the short-term bullish trend stays solid.
Key support is in the 532–533 zone.
As long as it stays above that, bulls are running the show.
If it can break above 546–547, momentum might pick back up.
But this isn’t just about AMD.
When $AMD moves, the whole AI chip and data center space gets hype:
$NVDA — AI GPU leader
$TSM — advanced chip making
$MU — AI memory and HBM
$AVGO — custom AI chips + networking
$MRVL — AI networking + custom silicon
$ARM — chip design
$DELL — AI servers
$SMCI — AI server setups
$ASML $AMAT $LRCX $KLAC — chip equipment
$SMH $SOXX — chip ETFs
Here’s my take:
AI demand isn’t gonna be just one company's thing.
$NVDA is still 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 needs.
The chart looks solid.
Buyers are active.
The AI chip story isn’t dead yet.
But after a quick move, price entry still counts.
I’d rather wait for a support test than buy near the high. 🔥📊
Not financial advice.
@Cobtribefan Holding at these levels after that run is interesting, but I'd want to see if it can consolidate or if volume starts drying up before getting too comfortable.
$AMAT is still one of the strongest names in the semiconductor equipment trade. 🚨📊
The 15-minute chart shows a very clear story.
Applied Materials moved from the 462 area, broke through 480, reclaimed 491, pushed above 500, and reached a short-term high near 508.31.
That was the momentum move.
Now the stock has pulled back and is trading around 499–500, which means the market is testing whether buyers can defend the breakout zone.
This is not a bearish breakdown yet.
It is a high-level retest after a strong move.
The level I am watching first is 500.
If $AMAT can reclaim and hold above 500, the short-term structure remains healthy.
The key support is 495.
As long as $AMAT stays above 495, the bullish structure is still intact.
But if price loses 495, I would become more cautious because the pullback may extend toward 491–492.
The bigger story is not just $AMAT.
When Applied Materials moves, the market usually starts watching the entire 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 view is simple:
AI demand does not stop at GPUs.
It spreads into fabs, wafers, tools, advanced processes, memory, networking, and the entire semiconductor infrastructure layer.
That is why $AMAT matters.
Strong chart.
Strong sector signal.
Strong AI supply-chain read-through.
But after a fast move, entry price still matters.
I want support confirmation, not emotional chasing. 📊🔥
Not financial advice.
XAUUSD
As mentioned in my post a few days ago, the 4423 area was a very strong support zone 📊
Congratulations to everyone who entered around that level and successfully took profits 🎉📈
The market reacted exactly as expected and provided a solid rebound opportunity.
That is why I always emphasize the importance of paying attention to the support and resistance levels marked on my charts 👀
Successful trading is not about chasing price moves, but about preparing in advance and executing at key levels with discipline 🔥
Congratulations again to everyone who locked in profits 🎊
$AMAT is looking strong in the semiconductor equipment space. 🚨📊
On the 15-minute chart, Applied Materials broke out of the 448–454 range, took back the 463–464 area, and ran all the way up to 491.
That's a solid momentum move.
Now, $AMAT is trading near the highs around 489–490. Buyers are still in charge, but after a run like this, I wouldn't jump in blindly at the top.
The first level I'm watching is 480.
If $AMAT dips and holds around 480, it shows buyers are still backing the breakout.
The main support to watch is 473.
As long as $AMAT stays above 473, the short-term bullish setup is still good.
But it's not just about one stock.
When $AMAT moves like this, the market tends to take a look at the whole semiconductor equipment and AI chip supply chain.
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
My take is simple:
AI chip demand doesn't stop at GPUs.
It spreads into fabs, tools, wafers, advanced processes, memory, networking, and full semiconductor spending.
That's why $AMAT matters.
Strong chart.
Strong sector rotation.
Strong AI infrastructure story.
But after a sharp move, entry price matters too.
I'd rather wait for a clean pullback near support than chase strength at the top. 🚀📊
Not financial advice.