원문 보기
most importantly we had smci earnings today so let's see how it's affecting Nvidia on which we'll be spending the most time in this video then we'll take a look at AMD SMC I'll cover beforehand and then arm broadcom and Micron now we are seeing a selloff on smci post earning so let's go to the smci first hourly interval let's go there so they missed on well at least the numbers here seems like they missed on the current report on the earnings that's why we see a red icon down there I'm not going to go much in detail on the guidance what they are projecting what not doesn't matter because why we have technicals in our hand already after earnings chart is in our hand so we'll just take a look at the technicals so they miss on EPS um as well and both on the revenue side as well compared to the last quarter though um smci they reported last time 6.65 EPs and this time they reported less CS than the last time and then Revenue was still higher than the last time but they missed the estimates of the Wall Street the guidance you know they they are saying a couple of things guys just go and follow these articles if you want to trade this way but I really don't care anymore what the what they are saying anymore because we have have the technicals in our hand so we'll focus on that so because yeah the chart has changed we have the price action already made the move and we'll be trading off of that so here we are in the post Market on the smci you are seeing little bit of bounces coming at the previous low that is at one of our levels as for like four sorry 528 and 99 however is this strong enough that can be find a support here to continue up from here is this going to form a double bottom well after especially after post earnings sell off the technicals let the pre-market happen tomorrow let it develop itself most likely we see a continuation right and at this point if we pretty much if we lose 529 tomorrow it's just going to continue lower and at this point though even if the rebound has to come the only let's say for some reason SMC I said no in the post Market I want it to go down but then let's say something happen happens whatever happens and tomorrow starts to go up but for that the strong rebound I would only consider above 582 otherwise even if it gets up like at 582 in the pre-market this is the level you are watching due to the previous pivot resistance still that if you start to see Wicks here rejection here it's just going to continue lower so this is the level you are watching 582 as a deciding factor if it's going to just continue to stay lower or can it continue at least in the rebound higher but nothing more than that this thing is just broken it's in the downward structure and I'm not expecting much out of it on the upside right now just keep that in mind so that's smci sorry I wanted to cover this first today so that we set the Precedence here for other semiconductors because this is definitely affecting other semiconductors as well just really quickly show you on the hourly interval um Nvidia now so Nvidia you can see in the post Market we are seeing a reaction here right a sell off reaction and then also we'll come to the in just a second guys and also I want to show you AMD AMD also reacting to smci sell off right and then I'm pretty sure arm is also y arm is also reacting to that selloff and then because it's a semiconductor industry right broadcom also reacted to that sell off we'll talk about that in just a second what to look for and Micron was already beaten up and poor thing is just getting more beaten up so that's that right but so let's let's talk about the technicals now and let's start with Nvidia here right well SMC technicals we already talked about you know that right now right so we'll skip now SMC and we'll talk about nvd amdr broadcom Micron so um why so because SMC would just it guys all right um okay so this was what I talked about today for today that if we can stay above 102 you can Target 106 as one of the levels for the upside we got that play today uh overall structure Still Remains to the downside guys right lower highs lower lows and you are seeing that in the post Market we are selling off uh now tomorrow can it get ugly well you know that's what we're going to talk talk about now let's go to the hourly interval right away now since we didn't close above 102 oh sorry 106 my confidence level to the upside continuation on the rebound is very low we are still rejecting at one of these zones of the previous pivots so uh structure is not bullish overall it didn't even start to turn bullish rebound came that's fine but now rebound is being rejected at the underneath of that structure right so we are still downtrending overall now hourly interval so this is pretty much what I talked about yesterday the pivots you can find here 102 and above 106 can come we got that and then after that you are seeing it's just we are seeing a sell off there right so um now technically this is still the level 102 and 45 cents if we stay below it lose it tomorrow it's just a downside play guys 97 if we get tomorrow again I won't be surprised because this is where the structural area is so if somehow Nvidia can hold it that's good if it won't hold it well it's a downside play accordingly take a position with the stop loss on the other side whatever you do even if it starts to look like oh yes it's a short it's a shot don't forget your stop loss on the other side of the structure all right um and anyways if it somehow finds support here at 10250 cents it Still Remains an intraday rebound play but just trade with these levels though all right it's easy that's all on Nvidia guys um nothing nothing complicated here um yeah so let's see what happens tomorrow but yeah overall structure on Nvidia is still weak unless we see some confirmations in the price action as I talked about AMD so AMD I wanting just based off of the previous candle I was expecting actually if we can stay about 132 area that upside may come right that rebound unfortunately it's just not able to hold up there and we are selling off so right now it's not showing again any sign of bullish potential and this was the level I provided you in the morning to watch as well 10032 and 80 cents to 13 almost three right and if AMD can close above this area today that will show us the potential of inverted Head and Shoulder so right now AMD hasn't done that it has failed so it's just you know and you can see after that it rejected again so it's just continuing down right so it still remains in the downtrend guys right now AMD will continue to remain in the downtrend as long as we stay below 13285 cents um Can a rebound come well for that you are watching the level 127 and 64 since if consolidations holds here or builds here like you see Wix forming uh some consolidation happening you know bottoms forming this is the level to watch for that for some rebound but that will be only a rebound nothing more than that if you break 127 there's some rebound at 122 still up possibility so let's see if this level holds but that's the next level you are watching if we lose 127 and 69 cents there's a likelihood will come down to 122 again unfortunately so that's AMD so let's go to now arm so arm though in the post Market it's selling off it's down at 111 it's showed good signs today though in the morning to try to hold itself back up here now this is where it's important if arm can find a consolidation above 100 days moving average it's what at 111 in the post market so it's still not bad it's still trying to hold here now if it can continue to hold above 10862 cents we consolidate here and we eventually break up of the blue box do expect some upside so that's pretty much how I would trade arm and that would be the potential upside play then right uh broadcom so broadcom today we got above that blue box area the zone of 140 and 34 cents got an intraday good upside play then it's selling off in the post Market we are also down um and broadcom is pretty much guys um at this point the problem is that it lost this level 14366 cents this is the level I wanted it to hold if you wanted to see continuous upside right now unfortunately if it's stay below 143 and 71 since it's just a downside play all right that's pretty much it um yeah that that's broadcom let's take a look at Micron so let me load it up Micron poor thing is still weak guys this is not a consolidation for consolidation we need to at least see at least one of the candles take out the previous candles and then we see a pivots consolidations right now it's just a dead not even a dead cat bounce it's just trying and it's just like can't do it now Micron and even the way the structure is looking like it's more likely it's just going to re even if the rebound comes it's just going to looks like weak enough that it's going to sell off no Micron can I won't doubt if it continues much lower the next level is then to the downside $859 but look at it from here we got this move and that's quite a quite a deep selloff already quite a good profit on the short side anyways right now I'm not seeing any sign of bullishness on Micron that's all what I want to say regarding that and that's pretty much it for this video guys and s and I'll see you in my next videos guys take care bye
Comments 0