Collectively Breaking Below Key Support! Ultimate Buy-the-Dip Levels for TSMC, Intel, and AMD Revealed:
1. Google $GOOGL
has yet to move out of the danger zone in the short term, and could fall to 312 over the next 3-5 weeks. If it holds at that level, the stock could stabilize and rebound. But if it fails to hold 312, watch out for a further drop to 249 over the next few months. The biggest concern now isn’t a pullback, but support levels failing one after another.
2. TSMC $TSM
has broken below key support, with a short-term target of 379. If it holds near 380, it could still have a chance to climb back above 490. But if it fails to hold 380, the next stop could be 286.
3. Broadcom $AVGO
has entered a long-term bearish structure, and its stock could first fall to 296. If it breaks below that level, the next target is around 252, which it could even reach by the end of November.
4. Micron $MU
has broken below key support and could continue to slide to 737 in the short term. It could even fall to 611 over the next month, with 569 in view in an extreme case.
5. AMD $AMD
also looks unfavorable in the short term. Analysts expect it could continue to fall to 477, which may become a temporary bottom. If it holds, the stock could still have a chance to rise again. But if it breaks below 477, watch out for a further drop to 345.
6. Intel $INTC
has shown signs of a decline, and its stock could fall back to around 82, or even test 71. The area around 71 is no ordinary level: it corresponds to a long-term trendline that has been in place for about 20 years. The 70-80 range could be a long-term buy-the-dip zone worth watching.
The key is whether these support levels can hold!
1. Google $GOOGL
has yet to move out of the danger zone in the short term, and could fall to 312 over the next 3-5 weeks. If it holds at that level, the stock could stabilize and rebound. But if it fails to hold 312, watch out for a further drop to 249 over the next few months. The biggest concern now isn’t a pullback, but support levels failing one after another.
2. TSMC $TSM
has broken below key support, with a short-term target of 379. If it holds near 380, it could still have a chance to climb back above 490. But if it fails to hold 380, the next stop could be 286.
3. Broadcom $AVGO
has entered a long-term bearish structure, and its stock could first fall to 296. If it breaks below that level, the next target is around 252, which it could even reach by the end of November.
4. Micron $MU
has broken below key support and could continue to slide to 737 in the short term. It could even fall to 611 over the next month, with 569 in view in an extreme case.
5. AMD $AMD
also looks unfavorable in the short term. Analysts expect it could continue to fall to 477, which may become a temporary bottom. If it holds, the stock could still have a chance to rise again. But if it breaks below 477, watch out for a further drop to 345.
6. Intel $INTC
has shown signs of a decline, and its stock could fall back to around 82, or even test 71. The area around 71 is no ordinary level: it corresponds to a long-term trendline that has been in place for about 20 years. The 70-80 range could be a long-term buy-the-dip zone worth watching.
The key is whether these support levels can hold!
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