Calm Before the Storm: 3 Semiconductor Giants Share 1 Chart Pattern

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Nvidia, AMD and Micron have compressed into identical symmetrical triangle patterns on their daily charts, with falling volumes and RSI near 50 signaling investor indecision ahead of Nvidia’s earnings release. Nvidia closed at $213.05 (+2.19%), AMD at $479.18 (+4.91%) and Micron at $932.97 (+2.48%) on Tuesday. Nvidia sits 10% below its high, AMD 18% and Micron 26% from their respective peaks. Key levels to watch are $230 for Nvidia, $492.25 for AMD and $946 for Micron, with Micron management citing $22 billion in customer prepayments backing its expansion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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