$Intel(INTC)$ NVDA is sitting at channel support on both the daily and weekly timeframes. The $210 trendline and $200 GEX level are the key support areas to watch. Calls above $215 look interesting for a move toward $225. SMH is in the $535 to $540 support zone. Watching to see if support holds here for a bounce toward the small gap between $560.63 and $563.30. Below $540, the next support level would be around $530. INTC is at a key support area in the $85-88 zone on the weekly timeframe. Calls above $90 look interesting for a move toward $95 and $100. The stock also has a small gap to fill to the upside. MRVL is at trendline support in the $230-235 area. Looking for a bounce if those levels hold. Calls above
$Advanced Micro Devices(AMD)$ $NVIDIA(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Intel(INTC)$ I'm pretty sure AMD will hit $2,000 in five years. For investors who can't stop panic-selling or obsessively trading, there's a strategy: have the police lock you up for five years. No internet, no trading app, no panic-selling, no checking the price every five minutes. Just five years of forced diamond hands. When you get out, you might find yourself wealthier. If you can't control your hands, let the police do it for you. Disclaimer: This is not
Anyone laughing at D.A. Davidson's $3000 price target for $Micron Technology(MU)$ should keep in mind that it's a 12-month target. This same analyst put out a $1200 price target for Micron a year ago when $Micron Technology(MU)$ was trading at $180. Let that sink in.
$Micron Technology(MU)$ DeepSeek is expected to reduce memory demand by 90%. Just a reminder of the FUD we saw before and how that played out. Micron dropped 33% because of that article.
$Micron Technology(MU)$ Meta is going full blast with Muse. The latest model is called Muse Wonder. More Muse means more memory needed to train the agent, which is great for Micron. I'm long MU.
$Micron Technology(MU)$ At 45, I decided being financially uninformed wasn't an excuse anymore. I started learning and changed how I handle money. I was $97,000 in debt, had zero savings, and no retirement fund. Two years later, I'm above $870k, with $550,000 invested and no debt left. The past few years have also reshaped how I think about finances. I've recently built a position of around 5 BTC.
$Micron Technology(MU)$ There's no reason this shouldn't be above 1200 this week. A lot of people seem to not want to miss the buyback run, and FOMO is probably going to start kicking in soon.