저자: JuniorTrader · 외국인
요약 보기
시장이 예상대로 반등했으나 본격적 상승 추세는 아니며 단기 반등에 가깝다고 설명. 마이크론·샌디스크는 저점 형성 가능성이 있고 하이닉스는 151 회복 전까지 약함, 씨게이트는 200일선 지지에도 반등 강도 약함. 엔비디아는 재테스트 확률 60%, AMD는 590 저항, 인텔은 약함, ARM은 221 부근에서 다일 트레이드 가능성 언급. 자막상 'SK Hynix'는 SK하이닉스로 간주.
다듬은 글
Yo, what's up you guys? Didn't I tell you that expect a bounce and a rebound in the market today? That's what we are getting now. I want to raise a caution though. I I don't mean to spoil your enthusiasm here, the excitement here. All right? However, I do want to raise a caution that don't get ahead of yourself because market though is today bouncing as I said as I mentioned that we will see a bounce today in the market.
But we are still far away from going into the bullish strength. That is still not the case. So you still have to be very careful. We may find a bottom here, but that's not confirmed yet. Okay? So let's take a look at it in this video all that good stuff over semiconductors that is Micron, SanDisk, SK Hynix, Seagate, Nvidia, AMD, Marvell, DRAM.
I'll show you Intel and ARM as well. And before going further as always none of this is any financial advice, only for education purposes, just sharing my opinion. Please do your own thing. So as I said, look, this is as I said yesterday that expect a bounce in this zone. I did not extend that green area here because previously it had its purpose of buying as I told you.
Yesterday also this time is just a bounce purpose and we are getting that bounce that I told you. So I should have marked it as yellow yesterday, but anyways, I did point it out so you are aware about it now. Take it as just a bounce right now, okay? It is not in a full-on bullish momentum right now.
These things at these zones these bounces are expected especially after such a dramatic fall and approaching a very critical magnet level which was a magnet but which was a buying area from the previous time. You know the story if you have been seeing my videos and especially if you're a member you are already ahead of the curve on everything.
Now, let's get to the hourly interval. Now, look at the beautiful climb up today on Micron. However, as I said, take it as a bounce up for the day. Now, tomorrow, it's very important that we don't dip into yellow zone. Now, the point is that if for a couple of days we can hold above yellow zone, Micron most likely will find a bottom here.
So, it's not a confirmed bottom right now, but has a high likelihood of turning this on Micron a bottom here, at least for once we see a couple of days of confirmation, at least it will confirm the bottom at for a couple of weeks, okay? So, but right now, take it as a day of a bounce as expected. Accordingly, whatever positions you took according to this plan that I mentioned, consider sizing down or consider managing it by the end of the day.
Don't have to fully liquidate in these cases if because as I said, it's a bounce day. So, you technically day trading you are technically playing a bullish trade, right? So, in that case, as we close strong up here anywhere, take some partial profits and take over some overnight session to the next day and play that position in the continuation as if it continues up.
If it starts to lose some levels, just start sizing down that very position. What my point is that you are doing risk management at this point in this right now a potential bounce. This is for a bullish day trade if you took that. Like there multiple strategies based on the, you know, I'm providing you the price action as that can be applied across all the type of strategies, but the point is that the bounce that I told you uh it was expected today and we are getting that.
I already told you guys it's the we are approaching those magnets in the overnight sessions, right? And we just got that bounce, especially like Nasdaq 100. I I was mentioning about the bounce coming on Nasdaq 100 as well, right? So, we are seeing that as well. Let's take a look at SanDisk. Guys, what are we seeing?
I told you that we are most likely going to approach this very area, right? Uh 1,300 around and we're going to bounce. Right? We are seeing just that today on SanDisk as well. All right? Now, look, it's just a bounce right now. Again, it's not in the bullish trend. Most likely, just like Micron, there is a room as we can hold yellow zone in coming days.
It's important that we don't lose yellow zone. It has a room to start stabilizing here. It's not confirmed yet, but it has a room to start stabilizing here. That's an important part. Now, in this video, I'm just talking about the semiconductors, the memory, and the chip stocks, but guys, if you want to make a lot more money and many other stocks you want to be part of, consider joining my memberships.
Details are in the description of this video. Don't miss out, guys. Don't miss out. SK Hynix. So, SK Hynix on the other hand is bouncing. It's just a bounce on SK Hynix as well. Um which look, bounce across the board is we are having, which I mentioned. Uh just like that, SK Hynix is not full-on bullish though.
It's just a bounce. I'm going to get move it here because it was a buying zone there. Um so, SK Hynix, let's get to the hourly interval right away. Um SK Hynix also can stabilize here. It's very far away from that though, but uh we want to recapture about 151, but again, it's days away for giving any bottom sign.
The problem with SK Hynix is that it is not bouncing at a previous magnet zone. That's the problem. So, this bounce is still weak on SK Hynix unless it somehow within a day or two gets above 151. Then there is a room, otherwise this will still remain weak. Uh Seagate is least the last line of defense on Seagate, guys, coinciding with the 200 days moving average.
Uh look, it's slipping below green zone. It's technically just a bounce, but it is not in the bullish strength like Sandisk and Micron are with the bounce at a zone where their near-term uh bottom supposedly will be. Uh Seagate, unfortunately, yes, it's bouncing from 200 days moving average, but it's not that strong of a bounce, either.
Uh it's still remaining weak. So, it will it will have to show us getting back in the green zone and give it couple of more days, then break out above 762. In other words, it's weeks away unless some really catalyst drops and it's technically breaks out above right away. Otherwise, it's it's a very many days many many day I mean, it's doesn't even have that strength signals right now, unfortunately.
All right, Nvidia bouncing, guys. Um right from significant level zone, but the bounce was expected today. And again, just like everything else, it's taking just as a bounce right now, guy guys, very likely we may do a retest down again at those yellow zones. That's what I'm telling you. Don't get over excited right away.
Okay, yes, it's a euphoria, but keep it for a day. Accordingly, keep your expectations in line. Yes, we can continue up from here as well directly, but the point is that we may also do a very high likely re- retest. The point is that right now probability all of going right away up with the ratio of the probability of the retest is technically retest probability is higher.
And then we have to see a confirmation also, but the retest probability is uh I would say 60% and straight continuation of probabilities 40% right now based on the how these prices how the chart actions work, okay? At the at these magnets and important levels providing what's going on with the overall market volatility and all behind the scenes, but to keep it simple is how I'm explaining you so that I don't confuse you that much.
All right, let's take a look at So, yeah, the bounce is coming. Uh but let's take it as a bounce. AMD also bouncing this again like um it's just a bounce right now, guys, okay? I don't really as I've been telling you that this run is over up from here and that still remains the case, guys. Uh AMD is already so much a run up ran up that um like 590 and so forth.
Right now, that is still a strong resistance unfortunately on AMD. So, but hey, bounce was expected. We are getting a bounce today, but don't get super excited as for how we going to just push straight through up. That may not be the case. Um Marvell also similarly just a bounce today. Uh most likely it will fizzle down uh just like that.
It may go up the levels above there and may a little bit slow down. We'll see, but it's just a bounce for the day which again as expected we are getting a bounce. Similarly, DRAM it's bouncing. Now, look these could be the areas as as the thing like with Micron and SanDisk they are at the area where their bottom formation can happen.
And DRAM constitutes part of that. And DRAM is also at a zone where it has a room to form a bottom here. Not a confirmed yet, but has a room, but the bounce is what was expected. We are getting that bounce. The reason I'm always always saying the bounce so that you know it's not a bullish continuation right now.
It's just a bounce for the day, which was expected and we are getting that, but don't get ahead of yourself. Intel So, Intel it bounced, but it's it's not even that strong actually unfortunately. Um it's not in it's even if it stabilizes here, I don't think it has a it has it will form strength to just create push up like that.
It right now is it doesn't have those signals. So, if as you can understand, yes memory is around the bottom though, but chips are not. Chips are still a little bit in the weakness. Forget except Nvidia. Um and AMD already ran up, but yeah, a little bit other ones are not really that strong, but um for for Intel, you know, like any level above is a resistance.
You know, it didn't even fill the gap here like 98. It's still like even if it goes tomorrow also up like 98 can still slow it down there, right? Uh the point is that it's not a tradeable place still at least for couple of days. Um and then we have ARM here. And ARM ARM ARM is not bullish, just a bounce, but this is where a multi-day trade, if you want to take, can be taken.
I'm just going to get rid of those things. They have served our purpose then, so let's get rid of that. Let's get rid of that also. It has served our purpose. It has a room to give you some multi-day plays from here. As we step up to 23. Yes, ARM can be traded. If you want to do it, I would wait for extra confirmation, which is still couple of days away, but if you like no, not going to wait.
I love ARM and all that good stuff. If you are into that type of thinking, no thinking is wrong, guys. It's all about risk management. Well, and you need to know how to trade and what things to look for, the zones, let them come to the zones, significant levels, back end liquidity and all that good stuff.
Um but the thing is that like yeah, 221 and area around, it has a room to bounce from. Here a couple of days, it may do retests, but I do think it may give you some bounce trades if that's what you are looking for. All right, guys. Well, that's pretty much what I had for you in this video. Uh Nasdaq 100 a good bounce as well today as expected.
Um S&P 500 was already very strong as I have told you previously also, but guys, all that good stuff today, members video will also be coming out on my Patreon and YouTube membership for many other stocks, guys. Many other stocks. You don't want to miss out on those opportunities. My members made so much money on Meta, Microsoft, and many other stocks over and over again. All right, with that, I'll see you in my next videos. Take care. Bye.
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