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Nasdaq

Nasdaq - The most important structure!💰Nasdaq ( TVC:NDQ ) perfectly respects structure: 🔎Analysis summary: Over the course of the past couple of months, the Nasdaq has been rallying an expected +50%. Still, until the Nasdaq will retest the upper channel resistance trendline, this rally won't be over. Therefore, we can still see a rally of another +10% in the very near future. 📝Levels to watch: $25,000 and $30,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
TVC:NDQLong
by SwingTraderPhil
18
Tempus AI — Is This Where Time Turns Bullish Again?Fundamental View Tempus AI (NASDAQ: TEMP) continues to attract attention with major partnerships in the AI and biotech space — including collaborations with AstraZeneca, Illumina, and Boehringer Ingelheim. These deals strengthen its role in using AI for diagnostics and drug development, giving it strong long-term growth potential. However, as a newly listed and high-growth company, short-term volatility remains likely. Technical View Price has made a sharp retracement into the golden OTE zone ($72–$63), overlapping a high-probability Fair Value Gap (FVG) and the weekly bullish Order Block (OB). This zone represents a key area of interest where smart money could accumulate. Safer traders will wait for confirmation signals within this zone, while aggressive entries could scale in early with managed risk. Upside targets are $103 for partial profit and $155 for a full swing continuation. Outlook Tempus sits at a critical turning point — strong fundamentals meet a high-probability technical setup. If the golden zone holds, a bullish reversal could unfold toward major liquidity levels. Patience and confirmation remain key before full commitment. ⚠️ Disclaimer: This breakdown is for educational and entertainment purposes only. It is not financial advice — always DYOR and trade responsibly.
NASDAQ:TEMLong
by INSIDER_INTEL
Qualcomm Incorporated ($QCOM) Surges on Record Q4 EarningsQualcomm Incorporated (Nasdaq: NASDAQ:QCOM ) delivered a strong fiscal Q4 2025, posting record results that surpassed Wall Street expectations and reinforced its leadership across mobile, automotive, and IoT markets. The stock, currently trading near $172, remains in a long-term uptrend supported by a clear ascending trendline, with technicals hinting at a potential continuation rally toward the $230 region. For the quarter, Qualcomm reported $11.3 billion in revenue, exceeding its guidance range, and a non-GAAP EPS of $3, also above the high end of expectations. Its QCT (chipmaking) division led the charge, generating $9.8 billion, up 9% sequentially, while the automotive business posted a record $1 billion in quarterly revenue — a 36% year-over-year surge. The IoT segment also expanded by 22%, highlighting diversification beyond smartphones. On a full-year basis, Qualcomm’s fiscal 2025 non-GAAP revenue climbed 13% year-over-year to $44 billion, with QCT contributing $38.4 billion, up 16%. The company achieved a 29% EBT margin, hitting the upper end of guidance, and reported a record $12.8 billion in free cash flow, underscoring operational strength and disciplined capital management. Looking ahead, Qualcomm expects Q1 fiscal 2026 revenue between $11.8 billion and $12.6 billion, with EPS projected at $3.30 to $3.50. QCT revenue is guided between $10.3 billion and $10.9 billion, while licensing (QTL) is expected to deliver $1.4–$1.6 billion. Technically, the chart suggests a bullish retest scenario near $170–$165 before a possible rebound toward $230, aligning with the company’s strong growth outlook. With momentum building in automotive and AI-powered chip demand, Qualcomm is well-positioned for further upside as 2026 begins.
NASDAQ:QCOMLong
by DEXWireNews
1
McDonald’s Eyes Breakout Within Symmetrical TriangleMcDonald’s Corporation (NYSE: MCD) appears to be nearing a decisive move after months of price compression within a symmetrical triangle pattern. This setup, often signaling a potential breakout, has formed as the stock has consistently printed higher lows while facing resistance from a descending trendline. The tightening price action suggests that a strong directional move may be on the horizon. As of the latest close, MCD trades near $304, consolidating just above the ascending trendline that has supported the price since mid-2024. The upper resistance trendline lies near the $315–$320 range, where previous rally attempts were rejected. A clean breakout and daily close above this level could unlock further upside toward the $326–$330 zone, aligning with prior highs and the chart’s projected target from the triangle pattern. Volume has remained steady, indicating healthy participation even amid consolidation. The RSI at 51 reflects neutral momentum, giving the stock room to build strength before a potential breakout. If bulls maintain support above $300, it could set the stage for a bullish continuation into the year’s end. However, failure to hold the ascending support may trigger a deeper correction toward $295, invalidating the bullish setup in the short term. Traders are watching for confirmation through a breakout retest and higher volume surge to validate a sustainable move. Overall, MCD’s current structure suggests a coiled spring setup. A breakout above the $315 level could mark the next leg higher, while holding $300 remains critical for bulls to stay in control. With market sentiment improving and long-term fundamentals intact, McDonald’s stock could soon serve up another strong rally if momentum builds.
NYSE:MCD
by DEXWireNews
Nasdaq Fails to Return to Record HighsOver the past six trading sessions, the Nasdaq index has begun to show a notable bearish correction of more than 2.6% in the short term, reinforcing a downward bias that remains active at this stage. So far, the selling pressure has persisted as the market grows increasingly concerned about the performance of several companies linked to artificial intelligence, which have maintained significant valuations without yet reporting profits strong enough to justify those price levels. This situation has started to raise warning signals and trigger a short-term decline in confidence, which, if sustained, could become a key driver of stronger selling pressure in Nasdaq movements over the coming sessions. Uptrend Still Holding Despite recent corrections, the Nasdaq index has managed to preserve a steady upward trendline since around April 14 of this year, and so far, there has not been a strong enough sell-off to cause a meaningful break of this trend in the short term. However, if the current selling pressure continues, it could increase the risk of weakening the buying trendline, which has recently entered a phase of consolidation or pause over the past few sessions. RSI The RSI indicator line remains oscillating close to the 50 level, suggesting a technical balance between buying and selling strength over the average impulses of the last 14 trading sessions. As long as this behavior persists, the market may enter a more pronounced phase of indecision in the short term, reflecting the absence of a clear directional bias in price movements. MACD The MACD indicator, meanwhile, has started to show a neutral pattern, as its histogram continues to approach the zero line. This indicates indecision in the strength of short-term moving averages and could be signaling the formation of a more significant technical neutrality, where the market seeks an equilibrium point before defining a new directional move. Key Levels to Watch: 26,000 points – Main resistance: Corresponds to the recent record highs and stands as the most important bullish barrier to watch. Movements that manage to hold above this level could confirm a stronger buying bias, potentially allowing the uptrend to continue on the chart. 25,115 points – Near support: This zone coincides with the most recent price retracements and could act as a technical barrier against potential short-term downward corrections. 23,800 points – Critical support: This level corresponds to the 23.6% Fibonacci retracement on the chart. Bearish movements that reach and break below this area could put the current trendline at risk and generate a stronger selling bias in the short term. Written by Julian Pineda, CFA – Market Analyst
FOREXCOM:NAS100
by FOREX.com
USNAS100 | Buyers Hold Control Above 25440USNAS100 | Overview The price reached the resistance zone after stabilizing above 25440. Currently, it appears to be retesting 25440 before attempting another push higher toward 25700 – 25820. A 1H close above 25820 would confirm further bullish momentum toward the all-time high (ATH) at 26170. However, a move below 25440 would indicate renewed bearish pressure toward 25220, with a confirmed break below 25220 activating a broader downward trend. Pivot Line: 25700 Resistance: 25820 · 25960 · 26170 Support: 25440 · 25230 · 25010 Outlook: Bullish while above 25440, targeting 25700–25820. Bearish scenario activates only below 25220.
OANDA:NAS100USDLong
by SroshMayi
Nasdaq NAS100 Bulls Regain Control: What I’m Watching Next📈 On the 4-hour NASDAQ chart, we can clearly see a break in structure to the upside, signaling strong bullish momentum entering the market. 🟩 The buyers are showing strength, and I’ll be looking to capitalize on this momentum — but only if we see a confirmed break of the current swing high, followed by a retracement into the retest zone. 🔁 However, patience is key. ⏳ I’ll only look to engage if today’s New York session data release aligns with and supports the bullish bias. Fundamentals and technicals must work together before I take a position. As mentioned in the video, if the anticipated price action fails to materialize, we’ll simply abandon this setup and move on — staying disciplined is crucial. 🚫 ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice.
PEPPERSTONE:NAS100Long
by fxtraderanthony
US100 – Bullish Continuation in Play After Daily OB ReactionHello traders, On the 1-hour chart, NASDAQ (US100) has reacted strongly from the bullish Daily Order Block, showing clear signs of higher-timeframe strength. This reaction suggests that the bullish order flow is still intact. With this structure in mind, I expect the upward move to continue toward the bearish Daily Fair Value Gap, which serves as my first target. My final target for this bullish leg is the equal highs around 26,136, where a significant liquidity pool rests. However, before the next expansion higher, I would prefer to see price move lower to sweep the liquidity below the recent lows and trade into an Optimal Trade Entry (OTE) zone. From there, I’ll look for lower-timeframe confirmation to catch the next leg up. Staying bullish unless higher-timeframe invalidation occurs. 💌It is my honor to share your comments with me💌 🔎 DYOR 💡Wait for the update!
FOREXCOM:NAS100Long
by VahidTradingCR
6
NASDAQ: Retesting Breakout ZoneThis idea is based upon successful Breakout Retest scenario near a High-Volume Node (HVN). Let's first get to the basics: A successful Breakout Retest - A breakout retest scenario occurs when the price breaks through a key level of support or resistance and then returns to test that same level before continuing in the breakout direction. For example, if the price breaks above a resistance zone, traders wait to see if the price comes back down to that zone. If it holds as new support and shows rejection candles or strong buying, that’s called a successful retest. At a successful retest, several things typically happen: ➡The old resistance acts as new support (or vice versa in case of breakdown). ➡Traders who missed the initial breakout enter the trade, adding momentum. ➡Weak hands or short-term traders exit, cleaning up the order flow. ➡The price often accelerates in the direction of the breakout with stronger conviction and volume. In simple terms, a successful retest confirms that the breakout was genuine and not a false move. High Volume Node - HVN is a price level or zone on a volume profile where a large amount of trading activity has occurred. It represents an area where buyers and sellers actively agreed on price, leading to high transaction volume. These zones usually act as balance areas- price tends to pause, consolidate, or even reverse near them because many traders have open positions there. When price revisits an HVN, it often encounters strong support or resistance, as market participants react to protect or exit their earlier trades. In short, an HVN marks a fair value area on the chart where market consensus was strongest. NASDAQ Analysis - In the Nasdaq E-mini chart, we can observe a sharp decline from 25,394 to 24,158, but without any meaningful follow-through on the downside. Subsequently, the price reacted once again from this same zone on 21st and 22nd October, before eventually breaking above 25,394 with strong momentum to form new highs. At present, the market has pulled back to the 25,394 level, which previously acted as resistance. This area is now holding as support, suggesting a successful retest and presenting a potential buying opportunity. Moreover, this retest is aligning with a HVN around 25,300, further reinforcing the support zone. In the short term, the price is facing resistance near 25,900. A conservative long entry could be considered after a sustained move above 25,900, while an aggressive low-risk entry could be initiated around 25,500, closer to support. 📣Disclaimer: Everything shared here is meant for education and general awareness only. It’s not financial advice, nor a recommendation to buy, sell, or hold any asset. Do your own research, manage your risk, and make sure you understand what you’re getting into.
CME_MINI:NQ1!Long
by Bravetotrade
Nvidia: Acceleration Toward New Highs Nvidia gained strong upward momentum shortly after our last update, surging past the $196.45 mark, which had previously served as resistance. As a result, our prior short-term alternative scenario was triggered, and we have now adjusted the chart accordingly (with minor modifications). We now view the green wave as complete and believe that the joint top of green wave and beige wave III, as well as the low of wave IV, have already been established. The Target Zone we had initially set for the wave- low has therefore been removed. In our updated short-term alternative scenario, we still see a 30% probability of a new low for beige wave alt.IV below the $176.21 support level. In this case, however, price would likely rebound above the lower $145.50 level.
NASDAQ:NVDALong
by HKCM_Global
15
US Equities have this week left... Part IISo, yesterday heads up was given that the US Equities (and pretty much global equities generally) have this week left of bullishness. This was observed with a TD Bear Setup perfected completion, coming into a stall. What was not mentioned was that the leading indicators of JNK, TIP and TLT were already showing signs of imminent breakdown (to understand about these three leads, refer to the book: Anatomy of the Bear by Russell Napier) So just wanted to show it more obviously here. While the US Equities were in a bit of a stall to close slightly positive, the three leads were clearly Bearish in the candlestick patterns with a single wipeout bearish, near marubozu, down candlestick that wiped out at least three days to two weeks of gain. This like a slap in the morning while we are at the sweetest part of the dream. Heads up, wake up! Btw, with this kind of risk-off, crypto would not be spared either. Short, sharp, sweet...
CME_MINI:ES1!Short
by Auguraltrader
2
HTZ:From Breakdown to Breakout,Bullish Reversal Gaining TractionHertz Global Holdings, Inc. (NASDAQ: HTZ) Technical Outlook: Potential Reversal Following Structural Breakout Date : 5 November 2025 Summary Hertz Global Holdings (HTZ) has exhibited signs of a potential medium-term trend reversal following a prolonged downtrend since mid-2023. Multiple bullish technical signals — including a breakout from key continuation patterns, RSI divergence, and sustained support retests — point toward a possible shift in market sentiment. Price Action and Technical Developments 1. Downtrend continuation : Since July 2023, HTZ has been in a persistent downtrend, reinforced by a breakdown below major horizontal support. 2. Symmetrical triangle breakdown (Feb 2024) : The stock failed to hold within a consolidation structure, confirming bearish momentum at that stage. 3. Bullish divergence (Sept 2024) : Despite registering new price lows, the RSI formed higher highs, suggesting weakening downside momentum and potential for reversal. 4. Falling wedge breakout (Nov 2024) : Price action reversed from a classic bullish pattern, followed by a strong rally through the end of November. 5. Symmetrical triangle breakout (Apr 2025) : HTZ broke out of consolidation on elevated volume, coinciding with a break above the long-term descending trendline — a key technical inflection point. 6. Current setup (Nov 2025) : The share price is consolidating within a falling channel. On 4 November 2025, it rebounded from a confluence of supports — including the uptrend line from September 2024 and prior resistance turned support — reinforcing near-term bullish bias. Trading Idea Entry Zone: 4.71 - 5.50 Target: 10.50 and 15.00 Support: 4.71 Conclusion After a long downtrend, HTZ is showing a clear shift in momentum. With multiple bullish patterns confirmed and strong support holding, the stock may be entering a new uptrend phase toward USD 10.50 and USD 15.00.
NASDAQ:HTZLong
by wan07
XAU/USD | Gold’s Sharp Breakdown – Bears Still in Control!By analyzing the Gold (XAUUSD) chart on the 2-hour timeframe, we can see that after several days of consolidation, price finally broke down sharply, hitting all our targets at $3,999, $3,985, and $3,947, and extending to $3,928 — delivering over 700 pips in profit. After reaching the marked demand zone, gold bounced slightly and is now trading around $3,940. However, unless we see strong bullish momentum soon, a deeper decline remains likely. The next potential downside targets are $3,930, $3,915, and $3,905. Further targets and updates will be shared in the next analysis. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OPOFINANCE:XAUUSDShort
by ArmanShabanTrading
44
DXY-USD Game PlanDXY-USD Game Plan 📊 Market Sentiment On 29/10, the FED lowered rates by 25BPS as expected. However, Powell’s remarks introduced uncertainty regarding December’s potential cut, stating that decisions will depend on upcoming data. One FED member dissented, preferring no cut, a shift from September’s unanimous decision. As a result, rate cut expectations dropped from 95% to 68%, sparking short-term bullish sentiment for the USD, as traders adjusted portfolios toward defensive positioning. 📈 Technical Analysis The Dollar Index (DXY) hit its HTF Weekly Bullish Trendline and got rejected, forming a structural reversal pattern. We’ve now seen a break of short-term daily bearish trend, confirming strength and a potential leg higher toward 102.00 (Monthly FFVG). 📌 Game Plan / Expectations Expecting price to wick or close above 100.25, then potentially retrace before resuming the bullish leg. Primary upside target: Monthly FFVG zone at 102.00. Sentiment remains bullish for the dollar short term, which may pressure risk assets (stocks and crypto) temporarily. 💬 If this DXY breakdown supports your macro view, like, comment, and follow. For deeper insights and liquidity-based macro models, subscribe to my Substack (free access available). ⚠️ Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading or investing.
TVC:DXY
by UA_CAPITAL
Bull Run Stumbles: S&P 500 Heads Toward a Potential Correction After a rough day on Wall Street, the S&P 500 dropped about 1.2%, pulling U.S. markets lower. But there’s more behind this fall than just profit-taking. What’s Really Happening? Warning Signs from Wall Street Two top banking leaders raised caution. Morgan Stanley’s Ted Pick expects a 10–15% correction, calling it a “healthy normalization.” Goldman Sachs’ David Solomon warned that tech stocks are showing bubble-like behavior, with prices running much faster than earnings. AI Boom Driving Market Concentration The AI craze and tech optimism have made a few mega-cap companies dominate the market. In fact, just 10 big tech firms now make up nearly 40% of the S&P 500’s total value, making the market more fragile. Fed Confusion Adds to Uncertainty The Federal Reserve is sending mixed signals — some officials talk about possible rate cuts by December, while others say rates should stay high because the economy is still strong. Adding to the mess, a partial U.S. government shutdown has delayed key data, leaving investors and the Fed guessing about what’s really happening in the economy. What the Chart Reveals From a technical standpoint, the U.S. market’s rally has been nothing short of extraordinary. Since the April bottom near 4,835, the index has soared nearly 42%, touching a recent peak around 6,920 — and even gained about 12–13% before the latest (April 2025) pullback began. But now, the momentum seems to be fading. The chart is flashing early warning signals — RSI divergence suggests that while prices made new highs, the underlying strength (momentum) did not. That often hints at a potential trend reversal. If this weakness deepens, the index could correct swiftly by around 10%, targeting the 6,200–6,100 zone. And if the “healthy normalization” predicted by Morgan Stanley’s Ted Pick (a 15% drop) plays out, the index might slide further to around 5,700 — a level that would reset valuations to more reasonable territory after the sharp run-up. Valuation Check Let’s set aside all the opinions and headlines for a moment and focus on the key valuation metrics that truly help us understand the real picture of the U.S. market. The Price-to-Earnings (P/E) Ratio — The Market’s Mood Meter P/E Ratio = Current Market Price/Earnings Per Share (EPS) So, Current Market Price = P/E Ratio*EPS Currently, the S&P 500’s P/E ratio stands at 30.8x, with an EPS of $222.5. When you multiply the two — 30.8 × 222.5 = roughly $6,800 — it perfectly aligns with the index’s recent market level. Now, to find out what the fair value of the market should be, let’s use the 5-year median P/E ratio, which is around 25.4x. Fair Market Price = 25.4*222.5 = 6,650. This aligns perfectly with the technical chart levels, suggesting that a 15% correction would be a healthy pullback to help cool down the overheated U.S. market. The Buffett Indicator — Market Cap vs. GDP One of Warren Buffett’s favorite valuation tools compares the total U.S. stock market capitalization to the country’s GDP — essentially measuring how large the market has grown relative to the real economy. At present, this ratio stands at around 224%, far above the long-term fair value range of 100–120%. Even when compared to its 5-year median level of 192%, the market still appears significantly overvalued. To return to its median level, the ratio would need to drop by roughly: 100 = 16.6% That’s roughly a 15–16% correction, which again perfectly aligns with both the technical chart signals and Ted Pick’s projection of a healthy market normalization. The Bottom Line The U.S. market’s extraordinary rally has been built on a mix of AI optimism, liquidity hopes, and investor euphoria, but the fundamentals are starting to whisper caution. Both valuation metrics and technical signals point to the same conclusion — the market is stretched, and a 10–15% correction wouldn’t be a disaster; it would be a return to balance. History shows that every overheated bull run needs a pause — not to end the story, but to give it a stronger foundation. So if the coming months bring some red on the screen, smart investors will see it not as fear, but as the market taking a deep breath before its next big move.
SP:SPXShort
by NaranjCapital
1
Nasdaq: Sharp tech drop sets up critical support testNasdaq slid 2% yesterday in its sharpest tech-led drop since late summer—are we looking at a healthy correction, or could there be a deeper move ahead? Caution returned to tech stocks as AI valuations and a handful of Big Tech earnings disappointed. The broader market also retreated, with traders watching for the next move from both the Fed and the earnings calendar. Key drivers: AI and semiconductor leaders like Nvidia, AMD, and Palantir led the selloff as investors questioned how much further the AI trade can run.​ Hawkish remarks from multiple Fed officials raised doubts about any imminent rate cuts, even after the recent 25bp cut, fuelling profit-taking in volatile growth names.​ Top Wall Street banks cautioned about stretched valuations, warning a 10–20% correction was possible as positioning remains crowded in mega caps.​ Technically, the Nasdaq is pulling back from historic highs, testing median channel support with RSI retreating toward neutral. Key resistances are near 25500 and 25750, with support showing at 25200 and then under 25k.​ Stay nimble and respect the potential range between 25450 and 25870 as pivotal for the next Nasdaq swing. Wait for strong resistance confirmation, but don’t ignore bounce risk if earnings and data surprise to the upside. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:NAS100Short
by ThinkMarkets
Nasdaq Selloff Extends in Asia — But How Bad Is It, Really?Asian markets saw a second wave of selling today, with Nasdaq futures falling around 1% during Asian trade. After fielding several emails from journalists asking “why,” I can’t help but think this move may be more about technical repositioning after an extended run higher. In this video, I walk through the monthly, weekly, and daily Nasdaq charts to share where I think we could go from here. Matt Simpson, Market Analyst at City Index.
CME_MINI:NQ1!Short
by City Index
SMH ETF Power Move Incoming – ATR Confirms Bullish Momentum!🎯 SMH Semiconductor Heist: Bulls Loading Up! 💎🚀 📊 Asset Analysis VanEck Semiconductor ETF (SMH) - The chip sector's flagship ETF is showing serious strength after bouncing off the ATR (Average True Range) support zone. Bulls are flexing their muscles, and momentum is building for an upside breakout. Time to plan your entry like a pro! 🧠💰 🔥 Trade Setup: The "Layered Thief" Entry Strategy Bias: BULLISH 🐂 Strategy: Multi-layered limit order entries (maximize your position while managing risk) 🎯 Entry Zones (Layer Your Orders): Deploy multiple buy limit orders across these price levels to build your position strategically: Layer 1: $328 Layer 2: $332 Layer 3: $336 Layer 4: $340 Note: You can add more layers based on your capital allocation and risk tolerance. The goal is to average into the position as price consolidates before the breakout. 🛑 Risk Management Stop Loss: $324 This level invalidates the bullish setup if breached. The ATR support zone should hold — if it doesn't, we're outta here! ⚠️ Risk Disclosure: This stop loss level is based on my analysis. However, YOU are the captain of your own ship! Adjust your risk parameters according to your account size and risk appetite. Trade smart, not reckless! 🧠 🎯 Target Zones Primary Target: $364 (Take Profits Here!) 💰 Maximum Target: $368 (Resistance Zone/Overbought Alert) ⚠️ At $368, we're approaching a major resistance level where profit-taking, overbought conditions, and potential bull traps converge. It's the "police barricade" 🚨 — smart thieves know when to escape with the loot! Secure your gains before hitting this ceiling. ⚠️ Profit-Taking Disclosure: These are MY target levels based on technical analysis. Your profit targets should align with YOUR trading plan and risk-reward preferences. Take money when YOU feel comfortable — it's your capital, your rules! 💼 🔗 Correlated Assets to Watch Keep an eye on these related tickers for confirmation and broader market context: NASDAQ:SOXX - iShares Semiconductor ETF (direct sector peer) NASDAQ:NVDA - NVIDIA (semiconductor heavyweight, major SMH component) NASDAQ:AMD - Advanced Micro Devices (chip sector bellwether) NYSE:TSM - Taiwan Semiconductor (global chip manufacturing leader) NASDAQ:AVGO - Broadcom (diversified semiconductor play) NASDAQ:QQQM / QQQ - Nasdaq 100 ETFs (tech sector correlation) 📈 Why it matters: SMH trades in sync with these assets. If they're showing strength, it confirms the bullish thesis. If they're weak, proceed with extra caution! 📈 Technical Confluence ✅ ATR support zone holding strong ✅ Bulls regaining control after retracement ✅ Volume accumulation at support levels ✅ Risk-reward ratio favors the bulls (SL: $324 → Target: $364 = solid R:R) The technical stars are aligning for a bullish continuation move! 🌟 🎓 Trading Wisdom This setup combines patience (layered entries), discipline (defined stop loss), and realistic expectations (conservative profit targets). The semiconductor sector is volatile but rewarding when you trade with a plan! 💼📊 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! ⚠️ Disclaimer This analysis represents the "Thief Style Trading Strategy" — a playful approach to technical analysis meant for educational and entertainment purposes only. This is NOT financial advice. Trading involves substantial risk of loss. Always conduct your own research, manage your risk appropriately, and never trade with money you can't afford to lose. Past performance does not guarantee future results. Trade at your own risk! 🎲 #SMH #Semiconductors #SwingTrading #DayTrading #TechnicalAnalysis #NVDA #AMD #ChipStocks #TradingSetup #StockMarket #BullishSetup #LayeredEntry #RiskManagement #TradingStrategy #VanEckETF #TechStocks #MarketAnalysis #TradingIdeas #PriceAction
CFI:SMHLong
by The-Thief
2