Last week I explained a few reasons why I think that semiconductor stocks were bottoming out and luckily all picked up the momentum.
NVDA: support level is $870 while resistance levels are $870-880, $892, $898-900 and then $906.6 before the soar takes place.
SMCI: a red candle appeared last night. A daily close above $897.84 would help reverse the bearish trend while closing below $830 would trigger a downtrend. Support level is $830 whereas the resistance levels are $900, $918 (gap fill) and $1009. Whale accumulation increased to more than 50%. Both MACD and RSI curl up.
AMD: Support range is $160-$162.5 while the resistance levels are $168.35-$170 and $178.8-$180. A daily close above $183.02 would help reverse the bearish trend. Last night, MACD did a golden cross while RSI curl up.
TSM: support level is $133.4 and $138 while resistance range is $140-$142. Whale accumulation remained more or less the same (around 36.8%). No green bar has been visible for three days in a row.
SOXL: Support level is $37.5 while the resistance levels are $43.2 and $46.7. MACD did a crossover last night, with whale accumulation rising to 47.9%.