Semiconductors are rocking again Jun 18th

$TSM $SMCI

Author

Mukund Mohan
January 18, 2024

Market

Resilient Market - all indices pointing up

As I mentioned yesterday, this is a very resilient market. Every dip and pullback is getting bought. Short term 5 day MA is still up.

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Technology continues to be strong lead by Semiconductors

Semiconductor stocks are starting to show strength - $AMD $TSM $SMCI are all continuing their #AI mega trend up.

Video of the day

Good setups for swing

TSMC $TMS Starting at Power Earnings Gap UP

SMCI - we mentioned a buy at $235 and exited at $345, but coming up again to buy