Tech Bubble 2.0 About to Burst
Applied Materials is a 50B market cap big player in the semiconductor industry. The current trend is probably why Facebook is starting to look at making it's own chips: investopedia.com/news/facebook-wants-build-its-own-chips/
We can see in the 1 month view that we are in a meta bubble, an exact replay of the 2000 tech bubble.
Ride the wave, but get out ahead.
We can see in the 1 month view that we are in a meta bubble, an exact replay of the 2000 tech bubble.
Ride the wave, but get out ahead.
Note
Intel looks like it could pump for another month before taking a big dip: Note
TSM - Taiwan Semiconductor Manufacturing: Note
TXN - Texas Instruments: Note
Stochastic RSI is reaching a buy point. I'm beginning a soft re-entry :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.