"SMH has lost its channel/trend support and is set for another test of major support around 526.20."
Semiconductors Fail!
Slope of Hope is being added to TickerReceipts' tracked-analyst index. 7 stocks are in their coverage scope; verified prediction data will appear here as videos are processed.
"SMH has lost its channel/trend support and is set for another test of major support around 526.20."
"NVDA’s failed bullish breakout and re-entry into the former range signals weakness for semiconductors/AI hyperscalers."
"AMD’s lifetime-high peak is rolling over hard again, with today’s slide framing a shift toward resistance-driven downside."
"MU’s AI-driven breakout has already reversed sharply, falling from about $10.90 to $8.81 while gaps reinforce resistance."
"AXT’s blow-off move from $1 to about $143 has already snapped back toward $88 as a major reversal."
"INTC is down about 10% and the setup favors continued downside toward the identified gap level (puts already in play)."
"UMC’s breakout faded from around $24 to just under $20, with the chart implying a bearish continuation risk."